Morgan Keegan & Co., Inc. will pay $200 million to resolve regulatory allegations against it as a result of its actions and omissions relating to the RMK family of bond mutual funds. The money will be paid into funds to be administered by A.B. Data, Ltd., of Milwaukee, WI.
A.B. Data has not yet sent out any claims forms to RMK investors, but should do so in the near future. The A.B. Data website has a link to Frequently Asked Questions related to the administration and distribution of the Morgan Keegan regulatory money.
If you or someone you know lost money in the RMK bond funds or in a Morgan Keegan investment, please contact the attorneys at The Frankowski Firm at 888-741-7503 to discuss your potential legal remedies.