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IN RE REGIONS MORGAN KEEGAN SEC., DERIVATIVE, ERISA LIT.

Case Nos. MDL 2009, 08-2260.

742 F.Supp.2d 917 (2010)

In re REGIONS MORGAN KEEGAN SECURITIES, DERIVATIVE, and ERISA LITIGATION. H. Austin Landers, et al., Plaintiffs, v. Morgan Asset Management, Inc., Morgan Keegan & Company, Inc., MK Holding, Inc., Regions Financial Corporation, Regions Bank, et al., Defendants.

United States District Court, W.D. Tennessee, Western Division.

September 24, 2010.

Attorney(s) appearing for the Case

Carolyn Glass Anderson , Timothy J. Becker , Kirsten D. Hedberg , Zimmerman Reed, PLLP, Gregg M. Fishbein , Richard A. Lockridge , Lockridge Grindal Nauen PLLP, Thomas V. Seifert , Vernon J. Vander Weide , Head Seifert & Vander Weide, P.C., Minneapolis, MN, Charles Durham Reaves , Jerome A. Broadhurst , Apperson Crump, PLC, Memphis, TN, for Plaintiffs.

Matthew M. Curley , Michael L. Dagley , W. Brantley Phillips, Jr. , W. Brantley Phillips, Jr. , Bass Berry & Sims PLC, Nashville, TN, Michael A. Brady , Shepherd D. Tate , Bass Berry & Sims PLC, Memphis, TN, for Defendants.

ORDER DENYING DEFENDANTS' MOTIONS TO DISMISS AND STAYING CASE PENDING THE RESPONSE OF THE FUNDS' BOARD OF DIRECTORS

SAMUEL H. MAYS, JR., District Judge.

Before the Court are Defendants' December 15, 2009 Motions to Dismiss this shareholder derivative action. (See Dkt. Nos. 57-58, 60-61, 64-65.) Plaintiffs filed two consolidated responses in opposition on February 15, 2010. (See Dkt. Nos. 77-78.) Defendants then replied on April 5, 2010 (

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