Davidson News

Davidson News

SunTrust Settlement: Black Financial Advisors Eligible for Up to $25,000 Compensation

SunTrust Settlement: Black Financial Advisors Eligible for Up to $25,000 Compensation

Millions of dollars are set to be distributed among eligible Black financial advisors as part of a settlement reached by SunTrust Investment Services, now part of Truist Bank, to resolve allegations of systemic race discrimination. The settlement, totaling $1.4 million, stems from a lawsuit accusing the financial institution of paying Black financial advisors less than … Read more