An investigation on behalf of current investors of BB&T Corporation NYSE:BBT over possible shareholder claims concerning breaches of fiduciary duty related to the historical and potential compensation that was awarded certain senior officers was announced.

According to the investigation by a law firm the investigation focuses on possible claims that certain BB&T Corps senior officers were unjustly enriched through their receipt of unwarranted, excessive or unearned compensation from 2005-2007. BB&T Corporation is a financial holding company. BB&T conducts its business operations primarily through its commercial banking subsidiary, Branch Banking and Trust Company. Certain senior officers at BB&T X, were awarded salaries, bonuses, stock options and other forms of long-term, incentive or retirement compensation that was, so the investigation, excessive or unwarranted based on the BB&Ts performance as compared to what senior officers at comparable companies were making and/or results that were fraudulent, misleading or not long-lasting. The investigation by the law firm is also investigating claims that the prior compensation awarded at BB&T is now clearly improper based upon its current operating condition. Finally the investigation focuses also on possible claims that would allow BB&T Corporation (NYSE:BBT) stockholders to influence or control future compensation decisions at BB&T. BB&T Corporation is located in Winston-Salem, North Carolina and had $152billion in total assets with a net income of $1.519Billion in 2008. Shares of BB&T Corporation (NYSE:BBT) traded at $17.17 recently and reached over $41 in September 2008.