In Re SunTrust Banks, Inc. ERISA Litigation

  1. March 12, 2018

    SunTrust Workers Settle ERISA Row For $4.57M Post-Amgen

    SunTrust Banks Inc. workers asked a Georgia federal judge on Friday to preliminarily approve a $4.75 million Employee Retirement Income Security Act settlement of class claims that the company improperly handled their retirement funds, acknowledging the litigation risks after the U.S. Supreme Court's Amgen decision.

  2. October 07, 2016

    SunTrust Execs, Former GC Dodge Liability In ERISA Suit

    Several executives along with the former general counsel of SunTrust Bank have escaped an employee class action accusing the bank of improperly handling their retirement funds, with a Georgia federal judge agreeing none of the executives acted as bank fiduciaries.

  3. August 17, 2016

    SunTrust Employees Win Class Cert. In ERISA Suit

    A Georgia federal judge on Wednesday certified a class of SunTrust Banks Inc. employees accusing the bank of improperly handling their retirement funds under the Employee Retirement Income Security Act, saying that a tweaked class definition addressed SunTrust's argument that the alleged conduct harmed some participants but helped others.

  4. March 05, 2013

    11th Circ. Reverses Split Decision In SunTrust ERISA Case

    The Eleventh Circuit on Tuesday reversed a Georgia federal court's 2010 split decision in a class action accusing SunTrust Banks Inc. retirement plan fiduciaries of breaching their duties, saying a recent ruling over disclosure and prudence claims in another case warrants remanding the SunTrust one.

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