Regions Coughs Up $125M to End Suits Over Funds' Collapse

By Michael Lipkin (January 22, 2015, 8:34 PM EST) -- Regions Financial Corp. agreed to pay $125 million to end both a putative class action and shareholder derivative suit alleging it mismanaged three open-end mutual funds that tanked in 2007, according to a Tennessee federal court filing on Thursday....

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