Overview
As consumer-facing financial products continue to be attractive targets for litigation — including class actions that may involve thousands, if not millions, of plaintiffs — the defense of these cases has grown in legal and logistical complexity. Katten's Class Action/Consumer Finance Litigation group has extensive experience representing consumer financial services companies in large, high-stakes class actions and individual plaintiff cases in federal and state courts around the country. Our attorneys formulate and execute innovative defense strategies that meet our clients' legal needs and limit the negative impact of litigation on their business operations.
A record of success
The group has a strong track record of successfully resolving cases, either by prevailing on motions to dismiss or, in class actions, by defeating class certification. Depending on our clients' business objectives, we are also adept at leveraging favorable settlements. Underlying this track record is a deep understanding of our clients' businesses, coupled with a comprehensive knowledge of the regulatory framework and consumer protection laws that affect consumer lending.
Preventive measures
We counsel our clients on ways to avoid becoming targets, and, to that end, we closely monitor new case filings and the evolving tactics of the plaintiffs' bar. We are experienced in the use of arbitration agreements and class action waiver clauses, and we regularly advise our clients on using them to prevent future actions.
We have successfully represented clients in matters involving:
- Unfair and deceptive trade practices
- Fair Debt Collection Practices Act
- Equal Credit Opportunity Act
- Truth in Lending Act
- Telephone Consumer Protection Act
- Fair Credit Reporting Act
- Electronic Fund Transfer Act.
"Katten is aggressive, proactive and strategic in representation."
U.S. News – Best Lawyers® 2018 "Best Law Firms"
(Mass Tort Litigation / Class Actions - Defendants) survey response
Experience
Insights
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News | November 2, 2022
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Event | April 12–13, 2022
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Event | February 10-11, 2022
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News | October 27, 2021
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News | July 23, 2021