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.