Financial Services Litigation
With more than 350 litigators and a long history of high-profile trial victories, Jenner & Block is one of the world’s leading litigation firms. Unlike other major law firms, which almost exclusively defend large financial institutions, we also have the willingness and experience to act against these institutions on behalf of investors, counterparties and other plaintiffs. And while we focus mainly on litigation, Jenner & Block also has dynamic restructuring and transactional practices, which provide invaluable assistance in complex financial disputes. We combine the creativity of the most successful plaintiffs’ lawyers with the sound judgment and deep industry knowledge that comes from regularly representing Fortune 500 companies.
Our financial services team includes more than 100 skilled trial lawyers in New York, London, Washington, Los Angeles, and Chicago. Many of them have relevant governmental experience, including as financial regulators who oversaw investigations and litigation against major financial institutions, including: the former inspector general of the US $700 billion Troubled Asset Relief Program (TARP); the former Associate Attorney General who, among other things, led the US government’s efforts to negotiate a $25 billion settlement to resolve claims against the US’ largest banks; the former US Department of Justice Fraud Section chief who oversaw the Securities and Financial Fraud unit’s prosecution of HSBC, State Street and TierOne Bank, among others; the former US Department of Justice Civil Division Deputy Assistant Attorney General for the Torts Branch; a senior counsel in the Consumer Financial Protection Bureau; and other senior alumni of the US Department of Justice, the UK Serious Fraud Office, the US Securities and Exchange Commission, the Consumer Financial Protection Bureau, and US Attorney’s Offices in New York, Chicago, Washington, and elsewhere.
Jenner & Block has a long tradition of representing both plaintiffs and defendants in high-value financial services disputes. Since the 2008 financial crisis, we have represented investors and other clients in multiple litigations and arbitrations against large financial institutions arising from mortgage-backed securities, collateralized debt obligations, auction rate securities, contentious restructurings, credit default swaps, structured notes, and other financial products. For plaintiffs, we often enter into alternative fee arrangements, including litigation funding arrangements, which help align our financial interests with those of our clients.
We also have extensive experience with examinerships and monitorships of major financial institutions, having handled some of the most high-profile matters of the last decade. These extraordinary representations have enhanced the firm’s expertise with respect to complex financial matters by allowing Jenner & Block to interact with bankers all the way from the trading floor to the executive suite, and from the back office to the boardroom.