Banking and Financial Services Litigation

Subject to intense regulation and government scrutiny, financial institutions are also regularly targeted in litigation. Defending these cases requires business acumen, industry knowledge, and litigation savvy.

Stevens & Lee’s banking and financial institution litigation practice is comprised of experienced lawyers who have a long history of representing banks and financial services providers in litigation. This group routinely handles matters related to nearly every type of consumer and commercial financial product, as well as individual and class action litigation, in state and federal courts throughout the mid-Atlantic region. We also litigate and resolve complex disputes for national, regional and community financial institutions, as well as other financial services providers, bringing technical expertise spanning regulation, vendor management, operational matters, cash management, loss prevention and security, claims, and lending and asset recovery. When our banking and financial institution litigators are teamed with our experienced and knowledgeable banking-focused corporate lawyers, the result is a thorough, aggressive and creative representation of our banking and financial institution clients.

Stevens & Lee also regularly assists such clients in responding to state attorney general investigations and banking department examination findings, and we have similarly assisted clients in addressing matters before federal regulators, including the Department of Housing and Urban Development, Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau.

We have particular technical experience in the following:

• Class action defense
• Consumer financial services (TILA, RESPA, ECOA, FCRA, FDCPA, etc.)
• Corporate governance, tender offers, and proxy contests
• Employee benefits/ERISA
• Regulatory investigations and enforcement actions involving the SEC, FINRA and other regulatory organizations
• FINRA arbitration and other broker-dealer disputes
• Intellectual property
• Large-scale financial fraud
• Lender liability claims
• Loan servicing
• Mortgage fraud and mortgage-related litigation
• Mortgage servicing litigation
• Raid and anti-raid of key employees
• Securities, trust and fiduciary
• UCC – Negotiable Instruments (Article 3), Bank Deposits and Collections (Article 4), Fund Transfers (Article 4A) and Secured Transactions (Article 9)