Birmingham Music Plug Files $2 Million Lawsuit Against Truist Bank Alleging Fraud and Retaliation

Birmingham, AL – Birmingham Music Plug, a prominent local music promotion company, has initiated a $2 million lawsuit against Truist Bank, its CEO William H. Rogers Jr., and employee Petra B. Long. The lawsuit, filed by company owner Traon D. Call, alleges financial harm due to the bank’s mishandling of the company’s funds and retaliatory actions.

Allegations of Mishandled Funds and Unprofessional Conduct

The complaint centers on an incident where Truist Bank froze Birmingham Music Plug’s account, citing a fraudulent investigation. During this period, the company asserts that it suffered significant financial losses due to the inability to access its funds. Furthermore, the lawsuit claims that Petra B. Long, a Truist employee, breached confidentiality by sending sensitive information to an incorrect email address, compromising the company’s privacy.

Retaliation Claims Following Account Closure

In a subsequent development, Truist Bank allegedly froze the company’s account once more, conducted another fraud investigation, and closed the account without notifying the owners. Birmingham Music Plug interprets this sequence of events as retaliatory, exacerbating the financial strain on the business.

Broader Implications and Previous Legal Challenges

This lawsuit adds to a series of legal challenges faced by Truist Bank. Notably, in October 2024, Truist agreed to pay over $9 million to resolve allegations concerning its predecessor, SunTrust Bank’s, administration of trust accounts.  Additionally, in December 2023, a family filed a lawsuit against Truist after nearly $1 million went missing, highlighting potential lapses in the bank’s verification processes. 

Seeking Accountability and Public Support

Through this lawsuit, Birmingham Music Plug aims to hold Truist Bank accountable for the alleged financial harm and unprofessional conduct. The company seeks to shed light on these issues, hoping to prevent similar experiences for other businesses and individuals.

For more information on the case, refer to the official court documents.