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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 loan practices made it an imprudent investment, according to a Tennessee federal court filing Wednesday....

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