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MFDF - Mutual Fund Directors Forum - Roundup: Law Firm Analysis of RMK Director Valuation Case

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Roundup: Law Firm Analysis of RMK Director Valuation Case

On December 10, 2012, the SEC filed an order instituting enforcement proceedings against eight former independent directors of the Regions Morgan Keegan Funds, alleging valuation failures.  Several law firms have issued alerts containing their a summary of the case and analysis, including implications for board directors: