The Securities Law Firm of Klayman & Toskes Continues to File Individual Arbitration...

* Reuters is not responsible for the content in this press release.

Thu Oct 23, 2008 5:54pm EDT

The Securities Law Firm of Klayman & Toskes Continues to File Individual
Arbitration Claims Against Morgan Keegan and Regions Financial Corporation for
Losses Sustained in Bond Funds -- RHY, RMH, RMA, RSF

BOCA RATON, Fla., Oct. 23, 2008 (GLOBE NEWSWIRE) -- The Securities Law Firm of
Klayman & Toskes, P.A. (http://www.nasd-law.com) announced today that it filed
another arbitration claim against Morgan Keegan and Regions Financial Corp. with
the Financial Industry Regulatory Authority's ("FINRA") Office of Dispute
Resolution. The claim seeks to recover damages sustained in four closed end
funds: RMK Multi-Sector High Income Fund (NYSE:RHY), RMK High Income Fund
(NYSE:RMH), RMK Advantage Income Fund (NYSE:RMA) and RMK Strategic Income Fund
(NYSE:RSF).

Klayman & Toskes continues to file numerous arbitration claims on behalf of
aggrieved investors of the Regions Morgan Keegan Bond Funds from across the
country. The arbitration claims involve losses in the following Regions Morgan
Keegan Bond Funds:

 Ticker         Bond Fund
 ------         ---------

 RMH            RMK High Income Fund
 RHY            RMK Multi-Sector High Income Fund
 RMA            RMK Advantage Income Fund
 RSF            RMK Strategic Income Fund
 RHICX          Regions MK Select High Income-C
 MKHIX          Regions MK Select High Income-A
 RHIIX          Regions MK Select High Income-I
 RIBCX          Regions MK Select Intermediate Bond Fund-C
 MKIBX          Regions MK Select Intermediate Bond Fund-A
 RIBIX          Regions MK Select Intermediate Bond Fund-I
Klayman & Toskes reminds investors of the benefits of filing an individual
arbitration claim, as opposed to participating in a class action lawsuit. By
participating in a class action lawsuit, an investor will most likely recover
only pennies on the dollar. However, if one has experienced losses of $50,000 or
more in the Regions Morgan Keegan Funds, it may be more beneficial for them to
file an individual securities arbitration claim. In 2003, Klayman & Toskes
conducted a detailed study of securities arbitration versus class action. The
study concluded that investors who file a securities arbitration claim
traditionally obtain an overall higher rate of recovery as opposed to
participating in a class action lawsuit. To view the full results of the
comparison, please visit our web-site:
http://www.nasd-law.com/documents/classvr.pdf

The attorneys at the Law Firm of Klayman & Toskes are dedicated to aggressively
pursuing claims on behalf of investors who have suffered substantial losses.
Klayman & Toskes, an experienced, qualified and nationally recognized securities
litigation law firm, practices exclusively in the field of securities
arbitration and litigation. It continues its representation of investors
throughout the world in securities arbitration and litigation matters against
Wall Street brokerage firms.

If you lost $50,000 or more in the Regions Morgan Keegan Funds and wish to
discuss your legal options at no obligation, please contact Steven D. Toskes,
Esquire or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at
888-997-9956, or visit us on the web at http://www.nasd-law.com.

-0-
CONTACT:  Klayman & Toskes, P.A.
          888-997-9956
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.