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Fuller v. SunTrust Banks, Inc. et al

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Case Number:

1:11-cv-00784

Court:

Georgia Northern

Nature of Suit:

Labor: E.R.I.S.A.

Multi Party Litigation:

Class Action

Judge:

Firms

March 12, 2020
SunTrust To Pay $29M To End Class Suit Over 401(k) Roster

SunTrust Banks Inc. has agreed to pay $29 million to settle an ERISA class action accusing the company of profiting at its workers' expense by letting them sink their 401(k) investments into poorly performing, affiliated funds.
April 01, 2019
Investment Manager Released From SunTrust 401(k) Suit

An investment management company won't have to face a class action accusing it and SunTrust Banks of flouting their duties under the Employee Retirement Income Security Act after a Georgia federal judge ruled that it wasn't a fiduciary to SunTrust's 401(k) plan.
July 23, 2018
Investment Manager Wants Out Of SunTrust 401(k) Suit

An investment management company has urged a Georgia federal judge to free it from a class action accusing SunTrust Banks Inc. of flouting federal benefits law by including poorly performing mutual funds from affiliates in its 401(k) plan, arguing the company wasn't a plan fiduciary.
June 29, 2018
Ex-SunTrust Workers Win Class Cert. In ERISA Suit

A Georgia federal judge has certified a host of related classes in a suit against SunTrust Banks Inc. from a group of former workers alleging that their former employer breached Employee Retirement Income Security Act duties by offering its retirement plan participants mutual funds managed by its own affiliate, despite the funds' allegedly tepid performance.
May 03, 2018
ERISA Claim Against SunTrust Trimmed As Too Old

A Georgia federal judge cited a time bar in cutting one claim and three defendants Wednesday from a proposed class action alleging SunTrust Banks Inc.'s retirement plan investments performed poorly and were selected improperly.
October 31, 2012
SunTrust Gets Former Worker's ERISA Suit Nixed

A Georgia federal judge on Tuesday granted SunTrust Banks Inc.'s bid to toss a former employee's proposed class action accusing the bank of unfairly compromising its employees' retirement plans by selecting mutual funds managed by its own affiliates despite their allegedly tepid performance.