CORPORATE DISCLOSURE STATEMENT re: pldg. ( 1 in MDL No. 2950) -- Identifying… — Agent Fee Litigation (Dkt. 30)

Summary

A corporate disclosure statement under J.P.M.L. Rule 5.1 filed June 9, 2020 with the United States Judicial Panel on Multidistrict Litigation in In re: Paycheck Protection Program (PPP) Agent Fees Litigation, MDL No. 2950, as Document 30. It is submitted by Regions Bank and Regions Financial Corporation, identified as the defendants in a proceeding in the U.S. District Court for the Northern District of Alabama styled Leigh, King, Norton & Underwood, LLC v. Regions Bank, No. 2:20-cv-591. The statement says that Regions Bank is a wholly owned subsidiary of Regions Financial Corporation, which is a publicly held company whose stock is traded on the New York Stock Exchange. It adds that The Vanguard Group, Inc. owns more than 10% of the stock of Regions Financial Corporation. The one-page filing is signed by counsel for the two entities.

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          Case MDL No. 2950         Document 30       Filed 06/09/20     Page 1 of 1




                       BEFORE THE UNITED STATES JUDICIAL
                       PANEL ON MULTIDISTRICT LITIGATION

                                                 )
                                                 )
IN RE: PAYCHECK PROTECTION                       )
PROGRAM (PPP) AGENT FEES                         )   MDL No. 2950
LITIGATION                                       )
                                                 )
                                                 )

        CORPORATE DISCLOSURE STATEMENT UNDER J.P.M.L. RULE 5.1

       Regions Bank and Regions Financial Corporation, the defendants in a proceeding in the

U.S. District Court for the Northern District of Alabama styled Leigh, King, Norton & Underwood,

LLC v. Regions Bank, No. 2:20-cv-591, hereby state that Regions Bank is a wholly owned

subsidiary of Defendant Regions Financial Corporation, which is a publicly held company whose

stock is traded on the New York Stock Exchange. The Vanguard Group, Inc., owns more than 10%

of the stock of Regions Financial Corporation.

       Submitted on June 9, 2020.

                                            s/Larry B. Childs
                                            Larry B. Childs
                                            WALLER LANSDEN DORTCH & DAVIS, LLP
                                            1901 Sixth Avenue North, Suite 1400
                                            Birmingham, Alabama 35203
                                            larry.childs@wallerlaw.com | 205.226.5701

                                            Counsel for Regions Bank and Regions Financial
                                            Corporation


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