Morrison & Foerster is recognized for its depth and expertise in financial services litigation. We represent financial services clients throughout the United States in federal and state court matters, and have experienced financial services litigators resident throughout the United States, Europe and Asia. Our financial services clients include national banks, federal and state savings associations, commercial banks, independent and industrially-owned finance companies and limited purpose banks, mortgage bankers and brokers, insurance companies, and securities firms.
We have been at the forefront of consumer class action litigation in the financial services industry, representing banks and other financial services companies in suits involving deposit and checking accounts, credit cards, real estate, mortgage transactions, consumer loans, loan-related fees, mortgage insurance, auto loans, ADR clauses, and other consumer relationships. We have extensive experience in all aspects of financial services class action litigation, including opposition to class certification, early resolution through motions to dismiss or for summary judgment based on preemption, exportation, or substantive grounds, constitutional and other challenges to class actions in bankruptcy courts, and, where necessary, the organization and retrieval of extensive documents, mediation, settlement administration, and fairness hearings, as well as trials and appeals.
We have acted as national coordinating counsel on many matters, coordinating litigation strategy within companies and across industries. We are frequently called on by major trade organizations, such as the American Bankers Association, the Mortgage Bankers Association, the Consumer Bankers Association, and the California Bankers Association, to present industry positions in amicus curiae briefs filed in federal and state appellate courts, including the U.S. Supreme Court.
Our litigators also have defended financial services firms in an array of criminal and civil investigations involving SEC enforcement actions, FTC investigations, alleged embezzlement, alleged violations of the Bank Secrecy Act, investment management firm practices, and whistle-blower allegations.