Bond Buyer Online – Missouri Official Chides Morgan Keegan on Moberly Plant Bond Debacle

Missouri Secretary of State Jason Kander issued a cease-and-desist order Thursday against the former Morgan Keegan & Co. for alleged securities fraud in its role as underwriter of $39 million of defaulted bonds issued by the city of Moberly that is seeking restitution for in-state investors.

via Bond Buyer Online – Missouri Official Chides Morgan Keegan on Moberly Plant Bond Debacle.

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