March 04, 2019
Attorneys for a class of 67,000 current and former BB&T Corp. workers have asked a North Carolina federal judge for almost $9 million in fees from a $24 million settlement in a suit claiming BB&T stuffed its 401(k) plan with company-run investment options.
December 03, 2018
A class of up to 67,000 current and former BB&T Corp. workers asked a North Carolina federal judge to greenlight a $24 million settlement resolving claims that the financial services company wrongly filled its 401(k) plan with company-run investment options.
October 25, 2018
BB&T and a class of 67,000 current and former workers are finalizing a deal that will resolve allegations the company wrongly stuffed its 401(k) plan with company-run investment options to the participants' detriment in an Employee Retirement Income Security Act suit set for trial in North Carolina federal court.
June 18, 2018
A North Carolina federal judge said Monday that she likely will trim some claims from an Employee Retirement Income Security Act class action being pursued by a certified class of about 67,000 current and former BB&T Corp. workers accusing the bank of self-dealing, while sending the remaining allegations speeding toward an October trial.
May 30, 2018
A class of 67,000 current and former BB&T Corp. workers on Monday in North Carolina federal court accused the bank of resorting to "ad hominem attacks" against them while trying to exclude documents from an Employee Retirement Income Security Act class action alleging self-dealing.
August 29, 2017
A North Carolina federal judge Tuesday certified a class of as many as 67,000 current and former BB&T Corp. employees who allege the bank breached its fiduciary duty to their benefit plan by using it as an opportunity to invest in its own mutual funds, even low performing ones.