September 14, 2015 - The court approved the settlement and entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissing the action with prejudice.
May 27, 2015 - The court preliminarily approved the settlement.

May 18, 2015 - Parties filed a stipulation of settlement.

November 19, 2014 - The U.S. Court of Appeals for the Eleventh Circuit affirmed the district court's June 14, 2012 decision.

August 14, 2012 - The court granted the petition for permission to appeal.

June 7, 2011 - The court denied the defendants' motion to dismiss.

April 8, 2011 - The defendants filed a motion to dismiss.

February 28, 2011 - The lead plaintiff filed another amended complaint.

February 22, 2011 - The lead plaintiff filed an amended complaint.

January 20, 2011 - The lead plaintiff and lead counsel were appointed.

January 19, 2011 - A renewed lead plaintiff motion was filed.

January 18, 2011 - The court denied the motion for lead plaintiff.

December 20, 2010 - A lead plaintiff motion was filed.

November 22, 2010 - The defendants filed a motion to dismiss.

October 20, 2010 - An investor in shares of Regions Financial Corporation (NYSE: RF) filed a lawsuit in the U.S. District Court for the Northern District of Alabama against Regions Financial Corporation over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between February 27, 2008 and January 19, 2009.

According to the complaint the plaintiff alleges on behalf of investors who purchased shares between February 27, 2008 and January 19, 2009, that Regions Financial Corporation and certain of its officers and directors violated Securities Exchange Act of 1934 by issuing between February 27, 2008 and January 19, 2009 false and misleading statements regarding its operations and financial performance. In particular the plaintiff alleges among other things, that defendants knew but concealed from the investing public between February 27, 2008 and January 19, 2009 that the more than the $6 billion in “goodwill” Regions Financial Corporation carried on its books since the November 4, 2006 acquisition of AmSouth Corporation was grossly impaired and overstated and that subsequent to the AmSouth Corporation acquisition Regions Financial Corporation had failed to properly test for and write down impaired goodwill, causing its balance sheet and reported financial results to be artificially inflated.

Then on February 25, 2009, defendants announced in Regions Financial Corporation’s Form 2008 Form 10-K filing with the U.S. Securities and Exchange Commission that the deteriorating real estate market was the cause of these huge charges (especially in Florida and Georgia) and that it had been a problem for Regions Financial Corporation since at least 2007.

As a result of defendants’ false and misleading statements, so the lawsuit, Regions Financial Corporation stock traded at inflated levels public between February 27, 2008 and January 19, 2009. Shares of Regions Financial Corporation (NYSE: RF) traded between February 2008 and January 2009 as high as over $25 per share and as low as $6 per share. On January 20, 2009 RF shares closed at $4.60 per share.

Regions Financial Corporation is a financial holding company that operates throughout the South, Midwest and Texas.