Bryan Cave's Financial Services Class Action Team represents financial institutions in high stakes cases nationwide. We have defended literally hundreds of putative class actions for our financial institution clients.
Our class action lawyers focus on accurately assessing up front our client’s risk and putative class scoping, and the best ways to mitigate that risk, including appropriate corrective measures. We develop effective early exit strategies, such as pleading, standing and venue challenges, grounds for defeating, or limiting, the claims on their merits and class certification, and ways to limit the burden of litigation on our client’s resources. Our substantive expertise includes claims brought under TILA, HOEPA, RESPA, FCRA, FDCPA, ECOA, FHA, BSA, RICO, state unfair and deceptive practices statutes (UDAP), privacy laws, and the common law.
Our team, which includes former in-house counsel at major financial institutions, understands the variety of risk considerations involved in consumer litigation and regulatory enforcement. We work to achieve matter resolutions that meet both our clients' short term needs and broader strategic goals. Current representations involve:
We also assist clients in pre-suit mitigation measures, such as internal investigations and root cause analyses to identify potential class claim triggers, development of internal company procedures, analysis of emerging trends/risks, and advice about avoidance of class claims. Because we handle large volumes of individual claims against many of our financial institution clients, we are adept at identifying and mitigating class action risk often before such claims are asserted.