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Practice Overview

The Consumer Financial Services Enforcement and Litigation Group at Skadden, Arps, Slate, Meagher & Flom LLP and affiliates (”Skadden, Arps” or “Skadden”) represents many of the nation’s leading banks, insurance companies, securities firms and other consumer financial services companies in a broad array of government investigations, enforcement actions and class action litigations focused on the sale of financial products to consumers. The group comprises more than 20 Washington, D.C.-based lawyers with extensive experience as federal prosecutors and financial services regulators, and in defending corporations in civil and criminal governmental investigations. The group also includes litigation partners and associates in the firm’s New York, Boston, Chicago, San Francisco and Los Angeles offices. Drawing upon the resources of the firm's litigation, banking and insurance practices areas, the Consumer Financial Services Enforcement and Litigation Group handles federal and state investigations and multiple private class action lawsuits. The group also has an active examination and regulatory compliance practice that provides ongoing advice regarding day-to-day compliance, regulatory examinations and the acquisition approval process, as well as litigation risk management. The group regularly performs due diligence for clients considering strategic partnerships or acquisitions.

Hot Topics
06.30.08Complaint in State of Florida v. Countrywide
06.25.08Complaints in State of California v.Countrywide, State of Illinois v. Countrywide, and In the Matter of State of Washington v. Countrywide
06.10.08Complaint in FTC v. CompuCredit Corporation
06.10.08FDIC Enforcement Actions with Columbus Bank & Trust, CompuCredit, First Bank of Delaware, and First Bank & Trust and Related Release
05.22.08Interagency Final Illustrations Regarding Hybrid ARM Products and Related Release
05.22.08FBI Report Regarding 2007 Financial Crimes
05.20.08Bill from Senators Dodd and Shelby Regarding the FHA and Government Sponsored Enterprises
05.02.08Interagency Proposed Rule and Related Summary Regarding Unfair or Deceptive Acts and Practices for Credit Cards and Overdraft Programs
04.30.08FDIC Homeownership Preservation Loan Proposal, Related Loan Examples, and Question and Answer Sheet
04.28.08OCC and FinCEN Release, Consent Order, and Assessment of Civil Money Penalty Regarding United Bank of Africa

 
  Andrew L. Sandler
asandler@skadden.com
Partner | Washington, D.C.
T: 202.371.7400
F: 202.371.7917
     
  William J. Sweet, Jr.
wsweet@skadden.com
Partner | Washington, D.C.
T: 202.371.7030
F: 202.661.8240
     
  Benjamin B. Klubes
bklubes@skadden.com
Partner | Washington, D.C.
T: 202.371.7508
F: 202.661.8296
     
  Gary DiBianco
gdibianc@skadden.com
Partner | Washington, D.C.
T: 202.371.7858
F: 202.661.8323
     
  Anand S. Raman
araman@skadden.com
Partner | Washington, D.C.
T: 202.371.7019
F: 202.661.9023
     
  Joseph L. Barloon
jbarloon@skadden.com
Partner | Washington, D.C.
T: 202.371.7322
F: 202.661.8254
     
  Jamie L. Boucher
jboucher@skadden.com
Partner | Washington, D.C.
T: 202.371.7369
F: 202.661.8258
 

 


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