ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of SunTrust Banks, Inc.

PRNewswire 7-Feb-2019 12:36 PM

NEW YORK, Feb. 7, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against SunTrust Banks, Inc. (NYSE:STI) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by BB&T Corporation (NYSE:BBT). Stockholders will receive 1.295 shares of BB&T Corporation common stock for each share of SunTrust Banks, Inc. stock that they hold. The transaction is valued at approximately $28 billion and is expected to close in the fourth quarter of 2019.

If you are a stockholder of SunTrust Banks, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/suntrust. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com. 

Attorney Advertising. Prior results do not guarantee a similar outcome.

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SOURCE Rowley Law PLLC