Archive for August 2009

Lawsuit claims BB&T conspiracy

Aug 15th, 2009 | By admin | Category: Claimed Fraud, Employee Fraud

JOHN REID BLACKWELL TIMES-DISPATCH STAFF WRITER
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 [...]



Saunders v. Branch Banking & Trust Co. of Virginia

Aug 15th, 2009 | By admin | Category: Featured Article

Here is a classic story of refusal to accept responsibility. Mr. Saunders bought a new car. His old loan was paid off and a new loan acquired. The only problem was it took BBandT eight full months to even acknowledge the loan, even after repeated attempts by Mr. Saunders to inform them of their error, and [...]



*Update* Closing Connection, LLC vs BB&T

Aug 15th, 2009 | By admin | Category: Claimed Fraud, Customer Complaints

BB&T Suit Continues
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 [...]



BB&T vs Closing Connection, LLC

Aug 15th, 2009 | By admin | Category: Claimed Fraud, Customer Complaints

Alexandra Bogdanovic
Source: Fauquier Times-Democrat
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 [...]