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FINRA Rules Against Regions Financial Corp.?s Morgan Keegan In Latest Arbitration Claim

By Keith Griffin

Yet another investor has found justice over losses caused by the collapse in value of several Morgan Keegan bond funds that owned securities backed by risky subprime mortgages. On March 12, the Financial Industry Regulatory Authority (FINRA) ruled in favor of Alabama investor Philip Willingham, awarding him $187,000. ?It is becoming apparent that the evidence investors [...]

Full post as published by Representing Investors on March 13, 2009 (boomark / email).