Notice to Morgan Keegan Customers Who Invested In the RMK Closed-End Bond Funds: The Law Firm of Burke Harvey & Frankowski, LLC
05 Februar 2013 - 9:47PM
The Law Firm of Burke, Harvey and Frankowski L.L.C. ("BHF Legal")
(http://www.bhfsecuritieslaw.com) advises all Morgan Keegan
customers who lost $10,000 or more in the RMK Closed-End Bond Funds
and who have not already filed FINRA arbitrations to fully explore
all of their legal options in connection with the settlement of In
Re Regions Morgan Keegan Closed-End Fund Litigation ("Class
Action"), Case No. 07- CV-02830.
You have the right to opt
out of this settlement on or before March 22, 2013. If you
do not opt out, you will release valuable legal rights if the
settlement is approved. We are ready to advise you on the opt-out
process.
The proposed settlement will result in a few cents on the dollar
for aggrieved investors if legal fees and costs of $19.15 million
are approved. Many Morgan Keegan customers have done much better
than this by filing individual arbitrations. In cases where damages
are $50,000 or less, clients do not have to attend an arbitration
hearing, and can simply submit a brief to support their claim.
The deadline for filing an objection or opting out of the class
is March 22, 2013. If you do nothing by that date, you will be
bound by the settlement if it is approved by the Court.
The RMK Closed-End Bond Funds involved in the settlement include
the RMK Advantage Income Fund (RMA) n/k/a Helios Advantage Income
Fund (NYSE:HAV), RMK High Income Fund (RMH) n/k/a Helios High
Income Fund (NYSE:HIH), RMK Multi-Sector High Income Fund (RHY)
n/k/a Helios Multi-Sector High Income Fund (NYSE:HMH) and RMK
Strategic Income Fund (RHY) n/k/a Helios Strategic Income Fund
(NYSE:HSA).
The attorneys at Burke, Harvey & Frankowski, LLC have
successfully represented Morgan Keegan customers in arbitrations
throughout the country.
Current and former customers of Morgan Keegan are encouraged to
contact Attorney Richard Frankowski at
888-930-9091 for a free consultation to explore
their legal rights and options. You can email Mr. Frankowski at
rfrankowski@bhflegal.com. Visit BHF on the web at
http://www.bhfsecuritieslaw.com.
Burke Harvey & Frankowski, LLC has paid for the
dissemination of this promotional communication and is responsible
for its content. No representation is made that the quality of
legal services to be performed is greater than the quality of legal
services to be performed by other lawyers.
CONTACT: 888-930-9091
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