BB&T v. Mass Mutual


11/20/09 – 11/20/09


Hearing on motion to dismiss.

Via the North Carolina Business Litigation Report: "...alleged mismanagement of $55 million securities investment by BB&T, which BB&T claims was to be reallocated into less risky investments if the value fell below a certain amount. BB&T claims "despite knowing of the meltdown in the mortgage-backed securities market and that [the fund] was heavily investment in [mortgage backed securities] investments, [Defendant] failed to take timely steps to protect BB&T's premiums."

View free video clips from the case:
-- Clip 1
-- Clip 2


Recording Disclaimer: This proceeding was recorded in full.

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