Representation of Financial Services Company in Securities Class Action and Derivative Litigation (W.D. Tenn./6th Cir.)

We served as lead counsel representing Morgan Keegan and related individuals and entities in federal securities and derivative multi-district litigation stemming from investment fund company losses in the wake of the global credit crisis. We obtained dismissal in a number of these derivative and class action lawsuits by the district court and successfully argued before the United States Court of Appeals for the Sixth Circuit on issues of first impression under the Securities Litigation Uniform Standards Act. Reported cases include: Atkinson v. Morgan Asset Mgmt., Inc., 664 F. Supp. 2d 898 (W.D. Tenn. 2009); Ryan v. Morgan Keegan & Co., Inc., 694 F. Supp. 2d 879 (W.D. Tenn. 2010); Daniels v. Morgan Asset Mgmt., Inc., 743 F. Supp. 2d 730 (W.D. Tenn. 2010), aff’d 2012 U.S App. LEXIS 18745 (6th Cir. 2012); Atkinson v. Morgan Asset Mgmt., Inc., 658 F.3d 549 (6th Cir. 2011).

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