CAG Lawsuit, CAG Class Action

Merger News

Levi & Korsinsky Investigates SunTrust Merger; STI Merger

Levi & Korsinsky

February 7, 2019

NEW YORK, February 7, 2019 – Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of SunTrust Banks, Inc. (“SunTrust” or the “Company”) (NYSE: STI) to BB&T Corporation (NYSE: BBT). Under the terms of the transaction, SunTrust shareholders will receive 1.295 shares of BB&T for each share of SunTrust stock they own. To learn more about the STI merger and your rights, go tohttps://www.zlk.com/mna/suntrust-banks-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The SunTrust merger investigation concerns whether the Board of SunTrust breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether BB&T Corporation is underpaying for SunTrust shares, thus unlawfully harming SunTrust shareholders.