Monthly Archives: March 2000

Execs Who Quit After Merger Merit A Year’s Pay, Judge Rules

Written by Louis Whiteman - American Banker | Mar 17, 2000 | Press

A federal judge in Atlanta has ordered Regions Financial Corp. to pay $1.4 million in severance and legal fees to six former company executives who claimed the Birmingham, Ala., banking company triggered a change-of-control agreement when it changed their job assignments.