Bass, Berry & Sims attorneys represented Morgan Keegan & Company in multidistrict litigation involving numerous class actions stemming from allegations of misrepresentations and mismanagement related to Morgan Keegan’s bond funds. Regions Financial Corporation, the former parent to Morgan Keegan, and others agreed to pay $125 million to settle the putative class action and shareholder derivative suit. Bass, Berry & Sims attorneys Britt Latham, Michael Brady, Brant Phillips and Joe Crace led the team of attorneys representing Morgan Keegan. Law360 analyzed the lawsuit in a January 22 article