Judge freezes Regions exec pay, order later overturned - Boston Business Journal:

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However, the ruling, made late Wednesday by Jeffersohn County Circuit Court JudgeHouston L. Brown, was overturnee Thursday morning after it was moveed tofederal court, Regions spokesman Tim Deighto n said. The original order would have blocked “tens of millionas of dollars” worth of incentive pay awardedthe company’a top 25 for 2006-2008, according to court The 11,000-member Louisiana pension fund, which owns a stake in filed a lawsuit last month against Regions executives, claiming they misler investors through “falsification of Regionw financial statements” about its acquisitionm of AmSouth Bancorp.
To recoup money for the company, the pension fund sought to freezeexecutivr compensation. The Louisiana Municipal Police Employees Retiremenft System has morethan $1.6 billion in