Our Firm’s experience with class action matters dates back to 1989, when Eric Houser was an attorney on the Charles Keating ACC/Lincoln Savings litigation, at the time one of the biggest and most infamous cases in the country. From there, Mr. Houser and members of the Firm have handled class action matters in both state and federal courts.
We have experience defending class claims for consumer fraud, regulatory and financial claims. Our class action clients have included financial institutions, national banks, mortgage servicers, and other consumer service providers.
We have the experience, knowledge and ability to staff cases cost-effectively, using the most efficient mix of resources around the firm. To align our interests with our clients’ interests and give our clients more certainty with respect to cost, we embrace a variety of alternative fee arrangements. We can price discrete stages of litigation, or develop other non-hourly pricing structures to meet our clients’ objectives.
In defending putative Class Actions or Mass Party litigation, our lawyers focus on accurately assessing up front our client’s risk and the best ways to mitigate that risk, including appropriate corrective measures. We develop effective early exit strategies, such as pleading, standing and venue challenges, grounds for defeating, or limiting, the claims on their merits and class certification, and ways to limit the burden of litigation on our client’s resources.
We also assist clients in pre-suit mitigation measures, such as internal investigations and root cause analyses to identify potential class claim triggers, internal company procedures, analysis of emerging trends/risks, and advice about avoidance of class claims. Because we handle large volumes of individual claims against many of our financial institution clients, we are adept at identifying and mitigating class action risk often before such claims are asserted.