The prerecorded message says this is due to issues with their phone provider.

We will let you know if we find out anymore information.

It has been further alleged that BB&T debits purchases from ATM, debit or check cards and checks written on the account before it credits deposits into the account for the same reason.

BB&T customers have complained that all of these alleged business practices are purportedly for the purpose of assessing customers overdraft fees and charges.

Consumer Legal Rights

State and federal consumer protection laws provide consumers who were victimized by unlawful business practices. In many consumer protection cases, however, the cost of prosecuting individual lawsuits for each consumer is prohibitive.

The law does not leave the consumer powerless. Individual consumers may band together in a class action lawsuit, thereby representing all consumers who were victimized by a deceptive business practice. A class action can provide an effective means for consumers to force a corporation to acknowledge its legal responsibilities, halt fraudulent practices and provide monetary relief to all members of the class.

Contact Lieff Cabraser

BB&T customers alleging they were assessed improper or excessive overdraft and checking fees and charges are welcome to contact a Lieff Cabraser consumer protection attorney for a review of their cases. There is no charge or obligation for our review of your claim.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP is a sixty-plus attorney law firm that has represented plaintiffs nationwide since 1972. We have offices in San Francisco, New York and Nashville. We represent plaintiffs in class and group actions and in individual lawsuits in cases involving substantial losses. For the last seven years, the National Law Journal has selected Lieff Cabraser as one of the top plaintiffs’ law firms in the nation.

Lieff Cabraser Heimann & Bernstein, LLP, Website

We think it speaks for itself. . .

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You poor pathetic little person that probably was once fired from BB&T
and now have become bitter over the 9th largest Bank in the U.S. ,
whom of which could care less about a $40K or lower former employee.

Do you honestly believe that these insignificant court cases you
report on actually effect BB&T?! Let me enlighten your world – it’s
just a waste of time for the bitter, bored people like yourself and is
entertaining for the 300,000 +/- employees of the Bank. So go on,
have fun reporting these “significant” life altering cases – that in
all reality – do not effect BB&T Corporation.

If this is your only worth in the world – go for it. It’s a free
country, right?! I’m glad to know that BB&T does not hire or keep on
staff people of your caliber.

Enjoy.
=====================================================

Holly Rhines
Age: 25
Position: Real Estate Associate with BB&T
Tenure: 3 years and 3 months
Education: University of North Carolina at Wilmington
BA-Foreign Language , Spanish , 2002 — 2006

Activities and Societies: Alpha Phi, March of Dimes, JDRF, United Way

A lawsuit claims that BB&T Corp.’s Richmond-based investment banking subsidiary, Scott & Stringfellow LLC, conspired to take trade secrets when it recruited several employees from a competitor’s Richmond office.

Stephens Inc., a Little Rock, Ark.-based investment banking firm, filed the lawsuit in U.S. District Court in Richmond last week. It names Winston Salem, N.C.-based BB&T Corp. and Scott & Stringfellow as defendants.

Five of Stephens Inc.’s former employees — Thomas S. Albrecht, Kevin Sterling, Bradley D. Shiveley, Edward “Neal” Deaton and Alfred Rhem Wood Jr. — also are named as defendants.

The lawsuit claims that the men, who worked as a team of transportation industry analysts for Stephens Inc., violated their confidentiality agreements with the firm when they were recruited to join BB&T starting in May, after BB&T’s own chief transportation industry analyst left the company.

Attorneys for the five analysts declined to comment yesterday. A spokeswoman for Scott & Stringfellow referred questions to a BB&T corporate spokesman. A phone message left for the spokesman yesterday was not returned.

The lawsuit claims 12 counts against BB&T and the analysts, including business conspiracy, breach of contract and unfair competition. Among those charges, the lawsuit accuses the analysts, while they were still employed by Stephens, of contacting the firm’s clients and prospective clients to solicit them to move their business to BB&T, which was “aware and actively involved in these activities.”

Stephens also accuses the analysts of copying and removing proprietary electronic and print documents from its office for use by BB&T. One of the defendants, Wood, has returned three boxes of documents to Stephens but still has electronic records, according to the lawsuit.

Stephens fired Albrecht, Sterling, Shiveley and Wood on July 7, and Deaton resigned on July 8, the lawsuit says. Albrecht, Sterling, Shiveley and Deaton have since been employed by BB&T with a collective compensation package “believed to be in excess of $1.5 million” a year, the lawsuit says.

Stephens is seeking a court order against further use of its proprietary information. It also is seeking monetary and punitive damages.

– Link to Original Article –

U.S. District Judge Claude M. Hilton has denied Branch Banking & Trust’s motion to dismiss a lawsuit by a Warrenton business.

The bank’s attorneys said in the motion that the plaintiff simply doesn’t have a case.

In an order issued July 16, however, Hilton said Closing Connection LLC “states a claim on which recovery may be had.”

The business sued the bank claiming insufficient security measures resulted in the theft of several hundred thousand dollars from the business via fraudulent wire transfers.

No further hearings have been scheduled.

– Link to Original Article –

A Warrenton business is suing Branch Banking and Trust Co. (BB&T) in federal court for negligence, breach of fiduciary duty and breach of contract.

Closing Connection, LLC., a Warrenton-based business, is listed as the plaintiff. John M. Cheatwood is the owner and managing member of the company.

Filed Jan. 5, Closing Connection is seeking at least $328,540 in compensatory damages and $1 million in punitive damages from the bank.

Kevin Carter — also known as Kevin A. Carter, Kevin Anthony Carter, or Anthony Kevin Carter — of Bloomfield Hills, Mich., is listed as a co-defendant. Carter Advisors International, Inc., also of Bloomfield Hills, is named as another co-defendant.

As of Monday, no defense lawyers were identified in the court documents.

Rand Lewis Gelber, a Fairfax attorney representing Closing Connection, said the defendants may be granted additional time to respond to the suit since Carter and Carter Advisors International Inc., are not located in Virginia.

A.C. McGraw, a representative from BB&T’s corporate communications department, said before the suit was filed that an attorney representing Cheatwood had been in contact with the bank regarding alleged wire thefts in 2007.

“The gentleman’s attorney approached BB&T well over a year ago,” McGraw said when asked about the alleged thefts several weeks ago. The bank has “no reason to change its position,” she added.

According to Cheatwood, bank representatives told his lawyer at the time that they “weren’t optimistic” about recovering the funds.

The bank has allegedly denied liability and “has failed to provide the plaintiff with any information as to where the wiring instructions originated and what user ID and passwords were used to access the account,” according to the lawsuit.

What happened?

Closing Connection, LLC handles real estate title insurance and settlement services in the Warrenton, Charlottesville and Fredericksburg areas.

The company maintained an escrow account at the BB&T branch in Warrenton for business purposes. In the lawsuit, Gelber said Closing Connection also used the bank’s wiring services, which allows customers to access their accounts through the Internet and wire funds to other banks.

On Jan. 8, 2007, Carter or someone acting at his direction, allegedly obtained access to Closing Connection’s Warrenton escrow account remotely. The perpetrator(s) then wired approximately $328,540 from that account to an account belonging to Carter Advisors International at the Fifth Third Bank in Michigan, Gelber said in the suit.

“Again, on Jan. 18, 2007, Carter or someone acting at his direction obtained access to [Closing Connection's] Warrenton escrow account remotely and wired funds in the amount of $452,540.52 to the account of Defendant Advisors [sic] at Fifth Third Bank in Michigan,” Gelber added.

Gelber said Cheatwood found out about the Jan. 18 incident that day and notified the bank, which was able to reverse the transaction. However, the first transaction couldn’t be reversed since “almost all” of the money had already been wired to a second bank in Russia, he added.

According to the suit, Cheatwood told the bank that the wires were not authorized and that Closing Connection maintained the security of the user ID and password required to access the escrow account.

An investigation performed by a computer forensic expert has determined that none of the Warrenton business’s computers were used to access the account and effectuate the wire transfers, according to Gelber

By failing to have sufficient security measures in place to prevent access to the escrow account, Gelber maintains the bank breached its “duty of care” to his client.

Furthermore, he claims that the bank breached its fiduciary duty to Closing Connection when it allegedly permitted an unauthorized person to access the account and transfer funds.

Finally, Gelber said his client and the bank had an agreement pertaining to the handling of the escrow account — including access for wiring funds — and that the bank broke that contract.

“Carter and Advisors, by gaining unauthorized access to [Closing Connection's] account and transferring $328,540.79…to Advisor’s account, converted [Closing Connection's] property to their own use…” the lawsuit alleges.

Closing Connection is suing them for at least $328,540.79 in compensatory damages, according to court documents.

A jury trial has been requested, but no hearings have been set.

– Link to Original Article –