Sox v. Truist Bank

1
IN THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF NORTH CAROLINA
CHARLOTTE DIVISION
CIVIL ACTION NO. 3:25-CV-00935-KDB-DCK
DANIEL LEE SOX JR.,
Plaintiff,
v. MEMORANDUM AND ORDER
TRUIST BANK,
Defendant.
Plaintiff Daniel Lee Sox, Jr. and Defendant Truist Bank (“Truist”) (collectively, the “Parties”), by
and through their undersigned counsel, stipulate and agree as follows:
1. Plaintiff’s claims against Truist relate to certain account transactions, as more particularly identified
and described in Plaintiffs’ complaint, and include alleged causes of action for violations of the Electronic
Funds Transfers Act, common law conversion, and violation of the North Carolina Unfair and Deceptive
Trade Practices Act.
2. Truist’s counsel has contacted Plaintiff’s counsel and provided a copy of the Bank Services
Agreement applicable to Plaintiffs’ accounts at Truist. A true and accurate copy of the Bank Services
Agreement is attached as Exhibit A and incorporated in the parties’ joint motion before the court.
3. The Bank Services Agreement incorporates a mutual arbitration agreement, which applies to the
claims alleged in Plaintiff’s complaint.
4. Based upon the Bank Services Agreement and the incorporated mutual arbitration agreement and
the Federal Arbitration Act, 9 U.S.C. § 3, the parties agree that this action must be stayed, and Plaintiff’s
claims referred to arbitration.
Case 3:25-cv-00935-KDB-DCK Document 7 Filed 02/12/26 Page 1 of 2

2
NOW, THEREFORE, IT IS HEREBY ORDERED, ADJUDGED AND DECREED, for good
cause shown and upon consent of Plaintiff and Defendant, that this action is stayed and Plaintiff’s
claims against Truist are referred to arbitration in accordance with the Bank Services Agreement
and the incorporated mutual arbitration agreement. Plaintiff and Truist are hereby ordered to file
an update to the status of this matter on or before August 10, 2026 and every 6 months thereafter.
SO ORDERED.
Signed: February 12, 2026
Case 3:25-cv-00935-KDB-DCK Document 7 Filed 02/12/26 Page 2 of 2