Shareholders in a class action accusing Regions Financial Corp. of misrepresenting the company’s financial status following its 2006 buyout of AmSouth Bancorp are asking for approval of the... Read more
Regions Financial Corp. will pay $90 million to settle allegations that the bank misled investors about company accounting after its 2006 buy of AmSouth Bancorp. The shareholders alleged tha... Read more
The federal government has fined Regions Bank $7.5 million for breaking overdraft rules and failing to correct the violations for nearly a year after discovering them. Regions has refunded $... Read more
Regions Financial Corp. has agreed to pay $125 million to settle both a putative class action and shareholder derivative suit alleging it mismanaged three open-end mutual funds that tanked i... Read more
An Alabama federal judge has certified for the second time a class of shareholders suing Regions Financial Corp. Misrepresentations related to Regions 2006 acquisition of AmSouth Bancorp are... Read more
It was reported last month that board members at Regions Financial Corp. are investigating claims that former executives delayed proper disclosures about loans that were going bad in 2008 an... Read more
A recent report highlights the magnitude of the Regions Morgan Keegan bond funds disaster. The report by the Securities Litigation and Consulting Group found that investors in the RMK bond f... Read more
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