Regions Investor Class Wins Cert. In Stock Inflation Suit

June 15, 2012

Law360, New York (June 14, 2012, 5:04 PM ET) -- 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.

U.S. District Judge Inge Prytz Johnson certified a class of shareholders who say they suffered losses because they bought Regions shares at artificially inflated prices between February 2008 and January 2009.

For the full story please click here