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SunTrust Banks, Inc. (NYSE:STI) Investor Investigation over potential Wrongdoing

  • If you purchased shares of SunTrust Banks, Inc. (NYSE:STI) and currently hold any of those NYSE:STI shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
SunTrust Banks
Security
NYSE: STI

Summary

January 11, 2017 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of SunTrust Banks, Inc. (NYSE:STI) was announced over potential breaches of fiduciary duties by certain officers and directors at SunTrust Banks.

The investigation by a law firm concerns whether certain SunTrust Banks officers and directors breached their fiduciary duties.

SunTrust Banks, Inc. reported that its annual total Revenue rose from over $1.34 billion in 2013 to over $1.93 billion in 2015. Shares of SunTrust Banks, Inc. grew from $32.60 per share in September 2013 to as high as $56.48 per share in late 2016.

On January 11, 2017, NYSE:STI shares closed at $56.03 per share.

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