• Contacts

    BARRY W. LEE

    Partner

    Chair, Financial Services Litigation
    Co-Chair, Trial Practice
    email

    Financial Services Litigation

    We Know What It Takes to Protect Your Interests
    Mounting economic challenges and an evolving borderless world economy are raising the stakes for banking and financial services companies. Around the globe, plaintiffs and regulators are targeting the financial services industry with consumer protection claims, shareholder disputes and government enforcement actions. With financial litigation at an all-time high, it’s more important than ever to have a legal partner with the experience and knowledge to defend the interests of financial institutions.

    At Manatt, banking and finance are in our blood. In fact, the firm was founded specifically to advise banking and financial services clients. Today, we are recognized as one of the leading financial services law firms in the United States, counseling more than 300 financial institutions across the nation and around the world.

    We represent virtually every type of financial institution. Our clients include:

    • State and national commercial banks
    • Domestic and foreign financial holding companies and bank holding companies
    • State and federal savings institutions
    • Savings and loan holding companies
    • Representative and agency offices of foreign banks
    • Investment banks
    • Venture capital funds
    • Private equity funds
    • Insurance companies
    • Leasing companies
    • Industrial loan companies
    • Specialty finance companies
    • Trust companies
    • Credit unions   

    In addition, the American Bankers Association and the California Bankers Association have used our services as outside counsel in California and Washington, D.C.

    A Litigation Powerhouse Backed by Deep Industry Experience
    More than half of Manatt’s professionals are litigators, and we have some of the most experienced and respected trial lawyers in the country. Our national Litigation Division was recognized for its “stellar results” in 2008 and 2009, with an Honorable Mention from The American Lawyer in its fifth biennial Litigation Department of the Year issue. The firm was one of only 24 to receive the designation in a competition that included the country’s top 200 firms.

    While our attorneys are accomplished litigators, they are particularly skilled in issues unique to our financial services clients—including practice before all applicable regulatory authorities. Many of our group’s attorneys have served with government agencies and at the senior level in prominent financial institutions. Additionally, our team includes experienced lawyers who previously served as federal or state prosecutors, federal public defenders, SEC officials, high-level White House and congressional staffers, and lawyers with significant experience in crisis management and dealing with the media.

    With lawyers from such varied government and industry-specific backgrounds, Manatt is the ideal choice for financial services clients facing scrutiny from federal or state prosecutors, the SEC, FINRA, federal or state inspectors general, state attorneys general, Congress or a well-coordinated plaintiffs’ bar.

    Strategically Savvy Defenders Against Government Lawsuits
    Manatt’s litigation professionals draw on the deep experience of our banking and regulatory attorneys for innovative defense strategies. Over the years, we have handled complex and novel issues arising under the statutes and regulations governing the financial services industry.

    Our national scope brings us into frequent contact with financial institution agencies in many states, and we constantly interact on compliance and expansion matters with federal regulators at the Comptroller of the Currency, Federal Reserve Board, Federal Deposit Insurance Corporation and similar institutions. Manatt’s deep familiarity with government regulations and regulatory bodies has provided us with a proven track record of defending clients against alleged violations of the Fair Housing Act, Real Estate Settlement Procedures Act (RESPA), Truth In Lending Act (TILA), Equal Credit Opportunity Act, Bank Secrecy and USA Patriot Acts, Fair Debt Collection Practices Act, Telephone Consumer Protection Act, Fair Credit Reporting Act, Fair and Accurate Credit Transactions Act of 2003, and a host of technical banking regulations. Additionally, we have broad experience in litigating claims brought under federal and state unfair competition and consumer fraud laws, which often take the form of class action lawsuits.

    Effective in Negotiations, Aggressive in the Courtroom
    Manatt’s lawyers provide aggressive and effective representation at all stages of disputes. Our primary goal is to quickly resolve problems for our clients, preferably before a lawsuit has been filed. When that’s not possible, we zealously represent our clients throughout the case, including through appeal where necessary. Our skill in the courtroom is well-known to our adversaries, and as a result we are often able to obtain favorable outcomes for our clients short of trial.

    Representative Areas of Expertise

     Manatt in Action 
    We have experience litigating:

    • Claims of unfair competition and consumer fraud relating to business practices in the mortgage lending, auto finance, retail banking, and commercial real estate finance and investment banking industries
    • Statutory and common law claims often made in the form of individual and class action lawsuits involving allegations of lending discrimination, securities fraud and/or financial institution failure
    • Related claims against directors and officers in actions arising out of financial institution failures
    • Claims for alleged violations of the Fair Housing Act, Real Estate Settlement Procedures Act (RESPA), Truth In Lending Act (TILA), Equal Credit Opportunity Act, Bank Secrecy and USA Patriot Acts, and a host of technical banking regulations
    • Controversies involving antitrust implications in bank mergers, grants and denials of permission to engage in nonbanking activities, and administrative enforcement orders 
    • Broker-Dealer disputes, including FINRA arbitrations
    • Claims against the Federal Deposit Insurance Corporation, including for losses caused by changes in legislation that made so-called “supervisory goodwill” ineligible for treatment as regulatory capital
    • Account claims involving disputes over check fraud, privacy issues, attachment and garnishment, wire transfer claims, letters of credit and retirement accounts
    • Lender liability claims in which our clients are sued by consumer or business borrowers that claim fraud, misrepresentation, breach of contract, or breach of fiduciary duty involving their loans or credit cards
    • Claims under mortgage and GAP insurance policies that protect lenders 
    • General commercial claims for breach of contract and business torts, including fraud and breach of fiduciary duty
    • Employment claims, including claims relating to discrimination, harassment and executive compensation
    • Intellectual property claims, including patent, copyright, trademark and trade secret claims

    Attorneys & Professionals

    Email
    Name
    Office
    Phone
    Bassak, Andrew A. San Francisco 415.291.7449
    Brown, Donald R. Los Angeles 310.312.4318
    de Recat, Craig J. Los Angeles 310.312.4319
    Gordon, Michael New York 212.790.4603
    Grumer, Carl L. Los Angeles 310.312.4149
    Heimberger, Ann M. New York 212.704.1959
    Julian, Kenneth B. Orange County 714.338.2745
    Kaplan, Phillip R. Orange County 714.371.2535
    Kelson, Bruce B. San Francisco 415.291.7419
    Lee, Barry W. San Francisco 415.291.7450
    Libby, John F. Los Angeles 310.312.4342
    Mattioli, Eli New York 212.790.4604
    McGuinness, John W. Los Angeles 310.312.4270
    Morrison, Andrew New York 212.790.4581
    Pines, Adam Los Angeles 310.312.4322
    Reichwald, Harold P. Los Angeles 310.312.4148
    Reilly, Brandon P. Los Angeles 310.312.4330
    Rochman, Harvey L. Los Angeles 310.312.4104
    Seiling, Brad W. Los Angeles 310.312.4234
    Shatz, Benjamin G. Los Angeles 310.312.4383
    Wilson, Donna L. Los Angeles 310.312.4144
    Yeh, Jack S. Los Angeles 310.312.4367
    Zimmitti, Andrew Washington, D.C. 202.585.6505

    Financial Services Litigation

    Selected Clients

    • CashCall
    • Central Pacific Bank
    • Community Bank
    • East-West Bank
    • JP Morgan Chase
    • Pacific Capital Bank
    • US Bancorp
  • Awards & Rankings

    logo/img/@altRanked in Los Angeles for Litigation - Banking & Finance for 2014