Paul H. Schieber Presents on New Consumer Whistleblower Rules at the National Settlement Services and Compliance Summit

PHILADELPHIA, PA, June 14, 2011 – Stevens & Lee Shareholder Paul H. Schieber outlined how companies could mitigate their exposure to investigations and litigation arising out of new whistle blowing regulations during the National Settlement Services and Compliance Summit sponsored by October Research June 7-8, 2011 in Cleveland, Ohio.

With the Dodd-Frank Act regulations taking effect, companies need to find ways to mitigate the potential for investigations and litigation. Mr. Schieber suggested a number of ways companies could reduce these risks, including updating or drafting new compliance policies and procedures, conducting training sessions, reviewing insurance coverage, renegotiating vendor contracts and conducting risk analysis of company policies, procedures and forms.

Mr. Schieber represents banks, thrifts, credit unions, mortgage companies, finance companies, mortgage insurance companies and other financial services providers across the country, with particular focus on consumer finance, regulatory compliance and litigation defense matters.

He has addressed numerous financial services and other professional organizations on the legal aspects of recently enacted whistleblower regulations. He frequently lectures on behalf of the Mortgage Bankers Association of America, the Pennsylvania Bankers Association and the American Conference Institute. He is widely published on banking and finance issues and is the co-author of The Lender’s Guide to Consumer Compliance and Anti-Discrimination Laws, co-author of the six volume Pratt’s State Regulation of Second Mortgages and Home Equity Loans and is the original author of the Allregs©State Law Compliance Module.

He is past Chair of the Business Law Section of the Pennsylvania Bar Association, a member of the Mortgage bankers Association of America and the Mortgage Bankers Association of Greater Philadelphia. He has been recognized as one of the leading banking and finance lawyers in Pennsylvania by international legal research publisher Chambers & Partners.

Mr. Schieber received a J.D. from Catholic University of America Columbus School of Law, an M.A. from the State University of New York at Stony Brook, a B.A. from Columbia University and a B.H.L. from the Jewish Theological Seminary.