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STEIN v. RMK SELECT HIGH INCOME FUND, INC.

Nos. 15-5903, 15-5905.

821 F.3d 780 (2016)

Andrew M. STEIN, et al. (15-5903); Canale Funeral Directors, Inc., et al. (15-5905), Plaintiffs-Appellants, v. REGIONS MORGAN KEEGAN SELECT HIGH INCOME FUND, INC., et al., Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

Decided and Filed: May 19, 2016.

Attorney(s) appearing for the Case

ARGUED: H. Naill Falls, Jr. , Falls & Veach, Nashville, Tennessee, for Appellants. Peter Sean Fruin , Maynard, Cooper & Gale, P.C., Birmingham, Alabama, for Appellees. ON BRIEF: H. Naill Falls, Jr. , Falls & Veach, Nashville, Tennessee, for Appellants. Peter Sean Fruin , Kathryn Roe Eldridge , Maynard, Cooper & Gale, P.C., Birmingham, Alabama, Kevin C. Logue , Kevin P. Broughel , Paul Hastings LLP, New York, New York, Britt K. Latham , Joseph B. Crace, Jr. , Bass, Berry & Sims PLC, Nashville, Tennessee, for Appellees.

Before: COLE, Chief Judge; CLAY and GIBBONS, Circuit Judges.

OPINION

Plaintiffs, investors seeking recovery for substantial investment losses, appeal the district court's dismissal of their actions filed pursuant to the Securities Act of 1933, 15 U.S.C. §§ 77k, 77l, and 77o, the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j(b) and 78t(a...

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