In a case seeking in excess of $1 billion, Morgan Keegan recently agreed to pay $68 million in a shareholder derivative action and a shareholder class action suit. Bass, Berry & Sims attorney Britt Latham was counsel for the defendant, Morgan Keegan. A review of the case can be found in the article “Morgan Pays $68M To End Shareholder Suits Over MBS Funds” that appeared on the Law360 website.