Built on the strength and national reputation of our Litigation and Regulatory team, Stroock has decades of experience responding to investigations, as well as monitoring and resolving issues raised by state attorneys general, district attorneys and regulators. Additionally, we have developed strong relationships with the most active attorneys general and other enforcement authorities in the country, including those in California, New York, Massachusetts, Illinois, Pennsylvania and Washington.

Our team includes a former U.S. Attorney General, former federal and state court judges, former prosecutors with the U.S. Attorney’s office, a former state assistant attorney general, former commissioners of New York City regulatory departments and former lawyers for state and government agencies, including the Securities and Exchange Commission (SEC), Federal Trade Commission (FTC) and the Commodity Futures Trading Commission (CFTC). Many of our attorneys are also former judicial clerks of federal and state trial and appellate courts.

We have successfully resolved hundreds of cases before judges, juries and appellate courts across the country and before the Department of Justice (DOJ), the Consumer Financial Protection Bureau (CFPB), the Federal Communications Commission (FCC), the Financial Industry Regulatory Authority (FINRA), and the Public Company Accounting Oversight Board (PCAOB). 

Representative Matters

• Negotiated the recent $600 million settlement between McKinsey & Co. and all U.S. state and territorial attorneys general in regard to advice McKinsey allegedly gave to opioid manufacturers.
• Successfully resolved a multistate attorney general investigation and multidistrict federal litigation arising out of the Zappos.com data security breach, which allegedly affected more than 20 million consumer accounts. In the federal class action litigation, we obtained approval for a “coupon” settlement that involved no cash payments to class members, despite the very high standard for obtaining such approvals under the Class Action Fairness Act (CAFA).
• Negotiated a settlement with the Massachusetts Attorney General’s Office (MAAG), resolving an investigation pending for more than four years into Altisource’s practices concerning pre-foreclosure property preservation and inspection services, title and valuation services, and services related to lender-placed insurance. 
• Represented one of the nation’s three largest Credit Reporting Agencies in connection with investigations started by the New York Attorney General, the Mississippi Attorney General and 32 other states, which resulted in a historic settlement in the credit reporting industry.
• Represented Synchrony Bank in a multi-county district attorney investigation of telephonic debt collection practices, resulting in a recent California-wide settlement.
• Represented one of the nation’s largest insurance companies in a 49-state investigation relating to the proper branding of automobile titles across the country.
• Represented American Express, Discover and HSBC in a series of class action and representative cases, as well as regulatory investigations by multiple attorneys general, challenging their marketing and sale of certain add-on products relating to credit card accounts.

Practice Contacts

Allen H. Denson

202.739.2805

adenson@stroock.com

Stephen J. Newman

310.556.5982

snewman@stroock.com

Julia B. Strickland

310.556.5806

jstrickland@stroock.com

• Government Affairs & Regulatory Support
• Litigation