In a case seeking $7.6 million from Morgan Keegan & Co. Inc., FINRA denied the claims of a group of investors related to losses they sustained by investing in bad bond funds.  The plaintiffs’ claims included fraud and negligent misrepresentation, breach of fiduciary duty, negligence, failure to supervise, and breach of contract, among others. Bass, Berry & Sims attorneys Chris Lazarini and Ryan Baker represented the defendant, Morgan Keegan.  

A review of the case can be found in the article “FINRA Nixes $8M In Investor Claims Over Morgan Keegan Bonds” that appeared on the Law360 website.