Morgan Keegan & Co Inc. has lost another arbitration case stemming from a blow up of its bond funds to a former professional athlete, this time liable to a former NBA all-star for $1.45 million in damages.

When the bottom fell out of several Regions Morgan Keegan mutual funds in 2007, billions of dollars in value belonging to shocked investors quickly evaporated. Law firms throughout the country began signing up investors to represent. One of those firms is Montgomery, Ala.-based Beasley, Allen, Crow, Methvin, Portis & Miles PC.

The AM Law Daily speaks on Jere Beasley's recent win against Sandoz.

Colonial BancShares is facing at least six lawsuits alleging that the bank purposefully didn't disclose pertinent material when it announced it had been declared eligible for federal bailout money.

Our firm recently settled a class action lawsuit involving refunds of unearned premiums for persons who purchased credit insurance using a single premium but who paid off the insured loan early.

A judge has dismissed a predatory lending lawsuit filed by the city of Birmingham, but the case could return to court if the defendant mortgage lenders don't settle.

Tops Personnel Inc. Group Defined Pension Plan & Trust, Jersey City, N.J., today filed suit against Tremont Group Holdings and various subsidiaries, Oppenheimer Acquisition Corp. and parent Massachusetts Mutual Life Insurance Co. over losses tied to Bernard L. Madoff Investment Securities.

Dec. 16 (Bloomberg) -- Tremont Group Holdings Inc., a hedge- fund firm owned by OppenheimerFunds Inc., had $3.3 billion, or more than half its total assets, invested with Bernard Madoff, according to a person familiar with the matter.

A vice president of the Atlanta branch of the Federal Reserve Bank and a vice president of RealtyTrac, a firm that tracks foreclosures, didn't deliver the good news that Todd Strange was looking for Wednesday.

Thomas J. Methvin began his legal career with Beasley Allen in 1988 representing victims of consumer fraud. He has served as Managing Shareholder of the firm since 1998. In 2007, Tom was featured in Fortune Magazine as one of America's Premier Lawyers, and was chosen by Birmingham Magazine as one of the Best Lawyers in Alabama in the field of personal injury and mass torts.