We served as lead counsel for Morgan Keegan and related entities in Federal securities, ERISA and derivative multi-district litigation related to investment company losses in the wake of the credit crisis. This litigation involved a number of large class actions. For those not still pending, all other matters were dismissed or settled favorably. The Plaintiffs allegations sought in excess of $1 billion in damages. In re Regions Morgan Keegan Open-End Mutual Fund Litigation, Civil Action No. 2:07-cv-2784-SHM-dkv
Morgan Keegan (formerly NYSE: MOR) was a national broker dealer institution. In April 2012, Morgan Keegan & Co. was acquired by Raymond James Financial.