TPM:
Mack Whittle is being sued by a shareholder of South Financial, who is trying to block his $18 million compensation package.
The shareholder, Vernon Mercier, said the suit was prompted by last week's announcement that South Financial would receive bailout funds, reports a South Carolina TV station.
A judge declined Mercier's request for an injunction blocking the payment, but delayed a decision on a motion to dismiss the suit.
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