Friday, March 1, 2019

$343,000 Porter v RMK Award

In December 2018, a FINRA arbitration panel in Birmingham, AL ordered Morgan Keegan to pay $343,000 in compensatory damages, interest and costs to Claimant. You can read the award here. Dr. O'Neal testified on the risks of structured finance, high yield bonds, closed end funds and damages over Morgan Keegan's sale of four risky funds that held concentrated positions in structured finance investments.

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