Regions Agrees To $22.5M Deal In 401(k) Plan Class Action

By Ben James · December 19, 2013, 3:30 PM EST

Regions Financial Corp. agreed to a $22.5 million class action settlement in consolidated litigation accusing Regions of keeping its stock as an employee retirement plan option even though the company's risky...

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Case Information

Case Title

Hamby v. Morgan Asset Management, Inc. et al

Case Number

2:08-cv-02192

Court

Tennessee Western

Nature of Suit

Labor: E.R.I.S.A.

Date Filed

March 31, 2008


Case Title

IN RE: Regions Morgan Keegan Securities, Derivative and Employee Retirement Income Security Act (ERISA) Litigation - - MDL 2009

Case Number

2:09-md-02009

Court

Tennessee Western

Nature of Suit

Securities/Commodities

Date Filed

February 17, 2009