Spotlight on Balch & Bingham

BB&T’s “High-Level Inquiry”

Yesterday, we, the CDLU, received an email from Mark Booz, the Deputy General Counsel of BB&T, a major Southeastern bank based in North Carolina.

Balch & Bingham has represented BB&T in the past.

He kindly acknowledged receipt of our email dated May 16th and let us know directly that the bank has “conducted a high-level inquiry into your concerns” about Balch.

We applaud Mr. Booz and BB&T’s corporate leadership for seriously looking into the matter.

In our email to the the corporate leadership at BB&T, we discussed the various scandals, two indictments, and serious allegations surrounding Balch.

We wrote, “What would we like? That BB&T immediately suspend Balch & Bingham from representing BB&T until Balch conducts a top-to-bottom review of the firm and gets rid of any bad apples, settle the Burt Newsome matter,  and apologize to the North Birmingham African-American community.”

Since Balch won’t take ownership of the alleged misconduct at the firm, responsible corporate leadership from the outside could change that ineptitude.


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