02/13/2010 07:00:00 PM EST
In re Regions Morgan Keegan Secs., 2010 U.S. Dist. LEXIS 22334 (W.D. Tenn. March 10, 2010)
Core Terms: waive, futility exception, new board, futility,
shareholder's, business judgments, portfolio, exposure, futile, mortgage,
derivative suit, share price, citation omitted, disinterested, derivative,
conflicted, sur-reply, reply, tranches, corporate law, filed suit, derivative
actions, facts sufficient, cause of action, quotation marks, insurance
coverage, participated, wrongdoing, manager, elected
Rebecca Ryan, Plaintiff: Bart Dalton, Randall K. Pulliam, Lead Attorneys,
Cauley Bowman Carney & Williams, PLLC, Little Rock, AR; J. Allen Carney, Lead
Attorney, Cauley & Geller LLP, Little Rock, AR; Kevin Hunter Sharp, Lead
Attorney, Drescher & Sharp, P.C., Nashville, TN.
For Morgan Asset Management, Inc., Defendant: Matthew M. Curley, Michael
L. Dagley, Bass Berry & Sims PLC, Nashville, TN; Michael A. Brady, Shepherd
D. Tate, Bass Berry & Sims PLC- Memphis, Memphis, TN.
For Allen B. Morgan, Jr., J. Kenneth Alderman, Defendants: Matthew M.
Curley, Bass Berry & Sims PLC, Nashville, TN.
For Jack R. Blair, Archie W. Willis, III, Mary S. Stone, W. Randall
Pittman, James Stillman R. McFadden, Albert C. Johnson, Defendants: Jeffrey B.
Maletta, Lead Attorney, Nicole A. Baker, K & L Gates LLP, Washington, DC.
For Regions Morgan Keegan Multi-Sector Fund, Defendant: Kevin C. Logue, Lead
Attorney, Asa R. Danes, Paul Hastings Janofsky & Walker, LLP- New York, New
Judge: Samuel H. Mays, Jr., United States
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