About Gregory S. Korman
All consumer-facing businesses face an inherent risk of class action litigation. Gregory Korman manages that risk for his clients — and, when push comes to shove, defends them in court. He is one of the nation's leading class action defense attorneys, with more than two decades of class action experience and a particular focus on consumer financial services. He also advises on issues relating to state and federal consumer protection laws.
Honest risk assessment in class action litigation
Greg represents a variety of defendants in high-profile class action and consumer fraud lawsuits, including banks, credit unions, food manufacturers, national retailers and celebrities. Using his accumulated knowledge of such cases, he honestly communicates with clients about the risk they face in any given situation. Then, using his clients' business goals as a guide, he identifies the best solution. With his approach, Greg has established a track record of consistently resolving class actions with speed and efficiency.
Greg often defends consumer class actions involving financial products such as credit cards and mortgages. Auto finance lenders have repeatedly sought him out defend class claims alleging deficient consumer repossession notices. Despite the tendency of such cases to settle based on the complex web of state laws and the likelihood that juries will rule against defendants, his clients often prevail in these cases through successful motions.
In addition to his class action work, Greg represents clients in select, high-stakes matters critical to their commercial success. He represents national real estate developers in development-related litigation, and in one billion-dollar case defeated requests for a temporary restraining order and preliminary injunction that would have halted a major redevelopment. While he brings many cases to quick conclusions, Greg has also tried cases to verdict in both state and federal court.
- Consumer class actions
- Financial services
- Real estate litigation
- Represented manufacturer of instant ramen product in nationwide class action challenging the presence of trans fats. The court dismissed plaintiff's product labeling and public nuisance claims at the outset, then ordered expedited limited discovery on the issue of Article III standing. After we submitted the results of that discovery and conducted further briefing, the court dismissed the case with prejudice.
- Represented two of the largest banking institutions in nationwide class action alleging improper application of minimum credit card payments in violation of the CARD Act. The court dismissed all claims against both defendants based on the legality of the clients' practices in light of guidance from the Federal Reserve Board and the Consumer Financial Protection Bureau.
- Represented large US financial institution in class action asserting that client's post-repossession automobile loan notices did not sufficiently disclose fees required to reinstate said loans. The court granted summary judgment on all but one claim, and denied class certification as to the remaining claim.
- Represented professional athlete in a pair of proposed class action lawsuits arising from public disclosure of client's use of performance-enhancing substances. The claims in the first action, brought by consumers of energy supplements for which the client served as spokesperson, were dismissed because allegations were mere puffery and no reasonable person would be misled by the advertising statements. The claims in the second action, brought by purchasers of client's autobiographies, were dismissed pursuant to California's Anti-SLAPP statute because the statements in the books, even if false, were protected free speech under the First Amendment.
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Presentations and Events
February 13, 2020Speaker
November 1, 2018Panelist | Appraisal Arbitration and Mediation
July 28, 2016American Conference Institute's 26th National Conference on Consumer Finance Class Actions & LitigationPanelist | Consumer Finance Class Action Litigation and Settlement Trends and New and Emerging Procedural Considerations: Certification, Class Ascertainability Issues, and Other Procedural Developments, New Cases, Emerging Theories of Liability, and Recent Developments in Settlement Strategies
July 29–30, 2013Moderator | How Corporate Counsel are Managing Consumer Finance Claims/Class Actions and Compliance Challenges
2013Consumer Credit Reports In A Don't Ask, Don't Tell World: Latest Developments In Fair Credit Reporting Act LitigationPresenter