Georgia Federal Judge Certifies Class Of SunTrust 401(k) Plan Participants
(August 25, 2016, 3:30 PM EDT) -- ATLANTA — a Georgia federal judge on Aug. 17 certified a class of participants in or beneficiaries of the SunTrust Banks Inc. 401(k) Savings Plan who allege that they sustained a loss to their account as a result of investment in SunTrust stock, saying it would “help bring an efficient resolution to this case” (In re SunTrust Banks Inc. ERISA Litigation, No. 1:08-CV-03384, N.D. Ga.; 2016 U.S. Dist. LEXIS 108916).
(Opinion available. Document #54-160914-035Z.)
U.S. Judge Richard W. Story of the Northern District of Georgia denied...