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Bank Consumer Class Actions Teleconference

March 08, 2011

By LARRY KAPLAN, KEVIN PETRASIC & CARLA WALWORTH

Topics of discussion in this complimentary 60-minute teleconference included:

  • New State Involvement: What is the likelihood that banks will be subject routinely to federal and state investigations, and how can you prepare for it?

  • Simultaneous Litigation and Investigation: What is the prospect of regulators launching informal inquiries into matters that are already the subject of litigation?

  • Undermining the Finality of Settlements: Why is it unlikely that a litigation settlement will end a dispute with regulators?

  • Challenged on Multiple Fronts: How can you proactively address the increased risk that will come from class action suits, including simultaneous investigation by federal bank regulators, the CFPB, and state attorneys general?

  • Strategy: How can you best develop a long-term strategy that navigates the new complex regulatory hurdles arising from multi-jurisdiction consumer class actions?

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Image: Lawrence D Kaplan
Lawrence D Kaplan
Of Counsel, Corporate Department