August 14, 2015
Shareholders in a class action accusing Regions Financial Corp. of misrepresenting the company's financial status following its 2006 buyout of AmSouth Bancorp on Tuesday told an Alabama federal court they will move for approval of a $90 million settlement announced in May.
May 19, 2015
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, it said Monday.
November 19, 2014
An Alabama federal judge on Wednesday certified for the second time a class of shareholders suing Regions Financial Corp. over alleged misrepresentations related to its 2006 acquisition of AmSouth Bancorp, following a remand from the Eleventh Circuit on the issue of price impact.
December 05, 2012
An Alabama federal judge on Tuesday admonished an attorney for Regions Financial Corp. executives in a merger-based securities class action for sending an unsolicited letter to a Georgia federal judge allegedly suggesting Robbins Geller Rudman & Dowd LLP and its private investigator had attempted to mislead the courts.
June 14, 2012
An Alabama federal judge on Thursday certified a class of shareholders suing Regions Financial Corp. over alleged misrepresentations related to its 2006 acquisition of AmSouth Bancorp.
November 04, 2011
Regions Financial Corp., the subject of a shareholder class action in Alabama over its 2006 purchase of AmSouth Bancorp, on Friday won its bid to quash subpoenas served on Ernst & Young LLP and Sullivan & Cromwell LLP.
September 07, 2011
Regions Financial Corp. on Tuesday failed in its third bid to dismiss a shareholder class action in Alabama federal court over its 2006 purchase of AmSouth Bancorp.
September 01, 2011
Regions Financial Corp. on Wednesday said a district court ruling denying its motion to dismiss a shareholder class action in Alabama conflicted with the Second Circuit's affirmation of a dismissal in a similar case over its 2006 purchase of AmSouth Bancorp.
June 07, 2011
Regions Financial Corp. and three former executives lost their bid Tuesday to toss a putative class action in Alabama alleging the company misled investors by saying its purchase of residential mortgage bank AmSouth Corp. added massive value.