Regions Morgan Keegan Open-End Funds Settlement
www.rmkopenendfundsettlement.com

WELCOME TO THE REGIONS MORGAN KEEGAN OPEN-END MUTUAL FUND LITIGATION WEBSITE

The Court has preliminarily approved the settlements of the Class and Derivative Actions (collectively referred to as the “Settlement”) negotiated by Lead Counsel. To view copies of the Settlement Agreements and Preliminary Approval Orders, please click here. Pursuant to the Preliminary Approval Orders, on or around February 29, 2016 a Notice and Proof of Claim Form will be mailed to those Settlement Class Members identified by Morgan Keegan. Persons identified by the Open-End Funds as shareholders of the Funds on May 29, 2009 will be entitled to a separate distribution.

If you do not receive a Notice and Proof of Claim Form by the end of March 2016, and you believe you may be a Settlement Class Member, you should contact the Claims Administrator.

Please continue to check this website, as it will be updated periodically.

The definition of the Settlement Class, as approved by the Court, is:

  1. Persons who purchased during the period December 6, 2004 through December 6, 2007 or held and/or redeemed during the period July 3, 2006 through May 29, 2009 shares in the Regions Morgan Keegan Select Short Term Bond Fund (“STF”) (MSTBX, RSTCX, MSBIX), the Regions Morgan Keegan Select Intermediate Bond Fund (“IBF”) (MKIBX, RIBCX, RIBIX), and/or the Regions Morgan Keegan Select High Income Fund (“HIF”) (MKHIX, RHICX, RHIIX) (collectively “the Funds”) and who are not excluded by the terms of the settlement (“Settlement Class”).
  2. Persons who were shareholders of one or more of the Funds on May 29, 2009 when the Funds’ shareholders approved the formal liquidation of the Funds and who are not excluded by the terms of the settlement (“Funds Shareholders”).

To view the Notice, please click here.

YOUR LEGAL RIGHTS AND OPTIONS IN THE CLASS SETTLEMENT AS A SETTLEMENT CLASS MEMBER
SUBMIT A PROOF OF CLAIM AND RELEASE FORM BY AUGUST 7, 2016 As a Settlement Class Member, this is the only way to get a payment from the Net Class Settlement Fund.
EXCLUDE YOURSELF BY MAY 6, 2016 Get no payment from the Net Class Settlement Fund. As a Settlement Class Member, this is the only option that allows you to ever bring, continue to pursue, or be part of any other legal action involving the Released Claims (defined below) against the Released Defendant Parties (defined below).
OBJECT BY MAY 6, 2016 Write to the Court about why you do not like the Class Settlement, the proposed Plan of Allocation, and/or the request for attorneys’ fees and expenses. You will still be a member of the Settlement Class.
GO TO A HEARING ON MAY 27, 2016 You may ask to speak in Court about the Class Settlement at the Settlement Hearing.
DO NOTHING As a Settlement Class Member, if you do nothing you will get no payment and you will give up your rights to bring, continue to pursue, or to be part of any other legal action involving the Released Claims (defined below) against the Released Defendant Parties (defined below).

YOUR LEGAL RIGHTS AND OPTIONS IN THE DERIVATIVE SETTLEMENT AS A FUNDS SHAREHOLDER
NO PROOF OF CLAIM AND RELEASE If you are a Funds Shareholder (and not excluded from the Derivative Settlement as explained below), you need not submit a Proof of Claim and Release to share in the Funds’ Distribution. This is separate from the distribution from the Class Settlement Fund. As discussed above, you must submit a Proof of Claim and Release form to be paid from the Class Settlement Fund.
NO OPTION TO EXCLUDE YOURSELF If you are a Funds Shareholder, you do not have the opportunity to exclude yourself from the Derivative Settlement; excluding yourself from the Settlement Class does not affect your right to share in the Funds’ Distribution.
OBJECT BY MAY 6, 2016 You may write to the Court about why you do not like the Derivative Settlement and/or the request for attorneys’ fees and expenses. You will still receive your share of the Funds’ Distribution.
GO TO A HEARING ON MAY 27, 2016 You may ask to speak in Court about the Derivative Settlement at the Settlement Hearing.
DO NOTHING If you are a Funds Shareholder and if you do nothing, you will receive your share of the Funds’ Distribution.