Our global financial services lawyers regularly represent many of the largest financial institutions in the United States in high-stakes litigation and government investigations. We also assist clients in avoiding potential litigation by performing internal investigations, communicating with government agencies, and developing robust and compliant business procedures. Our team has the industry knowledge and litigation experience necessary to provide innovative and effective representation, no matter what challenges our clients face.
Recognized for the depth and strength of our practice, we defend complex class actions for a broad array of financial institutions. Our litigation and counseling work is enhanced by ready access to our leading practitioners in other disciplines, such as bankruptcy, finance, regulatory, mergers and acquisitions, real estate, criminal investigations, Employee Retirement Income Security Act (ERISA) matters, and securities, tax, employment, insurance, corporate, and environmental law.
Our team has a proven track record across a broad client base of financial services institutions, including banks and other financial institutions, such as mortgage companies and credit card issuers; trust companies; investment banks; broker-dealers; hedge funds; savings and loan associations; and insurance companies.
Whether a company needs transactional, operational, or regulatory work, our in-depth business and legal knowledge of the banking industry can be invaluable during litigation. As recognized leaders in defending class actions, for example, our financial services litigators are knowledgeable in protecting our clients’ interests. We work to identify weaknesses in plaintiffs’ cases, and have a strong track record of defeating these cases, often at the early stages, saving our clients the cost and aggravation of full-scale litigation.
Our recent experience in consumer class actions, general banking, loan and lender liability, and insurance-backed financing litigation includes:
Morgan Lewis is well known for our sophisticated securities talent. More than 100 securities lawyers are resident in our US offices alone, including dozens who joined us after distinguished careers at the US Securities and Exchange Commission (SEC). Our mix of Wall Street know-how, veteran regulatory history, and litigation savvy ensures our clients receive sound strategic business advice and shrewd legal guidance.
Our team of trial-seasoned securities litigators includes a former chief trial counsel for the SEC Division of Enforcement and several lawyers who are members of the American College of Trial Lawyers. The strength of our litigation team allows us to prevail at trial and on dispositive pretrial motions in courts throughout the United States against leading plaintiffs’ firms. Our reputation as adept lawyers and fierce courtroom advocates enables us to negotiate settlements, when appropriate, from a position of strength.
Leading investment banking and brokerage firms, investment advisers, mutual fund organizations, and many of the best-known broker-dealers in the United States are among our clients. In the investment management area, we advise clients with more than $1 trillion in assets under management.
We represent clients in:
Financial services litigation often involves complicated intellectual property (IP) issues. Our IP practice is strong, with more than 150 IP professionals, 95 of whom are lawyers. Our IP lawyers advise some of the world’s largest financial institutions about all types of IP matters. We provide strategic advice and representation throughout the life cycles of products and services, including research and development, financing, marketing, licensing, and enforcement of relevant rights. Financial services clients turn to us for advice with their patent business processes and we represent them in related patent infringement cases.
The Morgan Lewis labor and employment team is nationally recognized for its litigation capabilities, and its lawyers have substantial backgrounds in counseling and representing financial services clients. Our combination of litigation preeminence and in-depth understanding of labor and employment matters makes Morgan Lewis a top-tier choice in the financial services arena.
We represent financial services clients in arbitration proceedings sponsored by the Financial Industry Regulatory Authority (FINRA), New York Stock Exchange (NYSE), and American Stock Exchange (AMEX). These arbitrations address claims of age discrimination, disability discrimination, sex discrimination, sexual harassment, wrongful denial of bonus, compensation disputes, and defamation.
E-commerce matters require sophisticated knowledge and experience with evolving technologies. Morgan Lewis brings both to its representation of some of the world’s largest financial institutions and affiliates, in matters involving electronic trading platforms, the interconnectivity of financial institutions to electronic brokerage and trading, mergers of foreign exchange (FX) trading platforms, related bankruptcy and insolvency proceedings, data supply agreements, and litigation.
Companies that require legal services for either a workout or bankruptcy can rely on the experience of Morgan Lewis lawyers in complex reorganizations and our reputation with financial institutions.
Our clients are diverse, from retailers and telecommunications providers to ocean carriers and mortgage trusts. Each one relies on us to identify the structure and solution best suited to its situation.
The tax implications of our clients’ transactions and litigation matters are often complex. Our tax group provides key advice on US federal, state, local, and international taxation aspects of our clients’ transactions, and works closely with our financial services litigators to develop and implement tax-efficient structuring to satisfy each client’s business objectives. Our lawyers litigate tax matters before courts and government agencies.
If environmental issues surface during litigation, Morgan Lewis lawyers offer an impressive resource.
Our environmental lawyers handle environmental diligence and help negotiate environmental concerns in business and financial transactions. These matters include federal and state voluntary cleanup and brownfield program transactions, remediation matters under the New Jersey Industrial Site Recovery Act (ISRA), environmental claims in bankruptcy, and international environmental issues.
Our lawyers design environmental credit systems for lending institutions, including those involved in international project finance. Several partners lead the environmental audit functions for our financial services clients, including those seeking assurances under International Organization for Standardization (ISO) and other international consensus standards.