Practice Area: Commercial Litigation
Fleming & Associates has represented individuals and businesses in complex commercial and energy litigation. We've represented clients in business disputes that involved officer and director liability, breach of fiduciary duty, contract disputes, partnership and shareholder claims and breaches of bankruptcy laws. We also have experience in intellectual property claims, patent disputes, insurance and securities fraud. Fleming & Associates applies the knowledge and experience it has gained from years of representing plaintiffs in mass and class actions to manage large and complex commercial litigation matters.
When working on business cases, we learn about the particulars of the case and research all applicable laws. We then create a litigation strategy tailored to meet the needs of your business dispute, however complex it might be. We approach each case with the intention of getting the matter to trial as soon as possible. This kind of preparation generates the best possible outcome for business clients.
If you have a business dispute, you must take action within a limited period of time or you will lose your right to seek recovery. To learn about your legal rights, please don't delay. Call Fleming & Associates for a free consultation today.
| 13 July 2010
A court case has been filed against Regions Morgan Keegan alleging that the defendants either misrepresented or did not unveil certain factual details about Funds to investors.
According to the Morgan Keegan class action lawsuit, the Funds suffered heavy losses in value because they were invested in new kinds of fixed income securities. The court case also alleges that the defendants did not follow correct procedure in investing the Fund's assets, which made the funds weak to changes in the market. The Funds supposedly suffered a falloff in value of between roughly 50 percent and 60 percent, according to Morningstar Inc.
The proceedings alleges that the defendants misrepresented or did not divulge facts about the Funds including the nature of the risk connected with the Funds, the illiquidity of securities in which the Funds invested, breaches and stipulations in the Funds' portfolios and the focus of investments in a lone industry that exceeded the Funds' restrictions.
The Funds and the classes of shares involved in the Morgan Keegan lawsuit are:
- Regions Morgan Keegan Select High Income Fund A (MKHIX)
- Regions Morgan Keegan Select High Income Fund C (RHICX)
- Regions Morgan Keegan Select High Income Fund I (RHIIX))
- Regions Morgan Keegan Select Intermediate Bond Fund A (MKIBX)
- Regions Morgan Keegan Select Intermediate Bond Fund C (RIBCX)
- Regions Morgan Keegan Select Intermediate Bond Fund I (RIBIX)
If you are in need of a commercial litigation attorney, please call or contact us for a free case evaluation and consultation.
