The national law firm of Lieff Cabraser Heimann & Bernstein, LLP is investigating the alleged practice by BB&T of allowing customers to make debit charges to their ATM, debit or check cards even when the customer has insufficient funds in their account. BB&T allegedly debits checks in order of the largest to smallest to increase the likelihood that customers will overdraw, and overdraw multiple times.

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 [...]

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 [...]

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 [...]

CHARLOTTE – An administrative law judge has rejected a bank’s request to close a federal hearing involving a former BB&T investigator who says she was fired after exposing a North Carolina development scam that cost the banking giant millions of dollars.
BB&T asked Judge Jeffrey Tureck to keep the public and journalists out of the hearing [...]

A fired worker’s complaint is the 2nd in a month claiming banks took part in fraudulent loans in Mitchell County.
A former corporate investigator for BB&T filed suit Thursday against North Carolina’s third-largest bank, saying the company fired her in June for refusing to participate in the coverup of a $20 million loan fraud.
Amy Stroupe, a [...]