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Wallace LLP is experienced in litigation against major banks and financial institutions. With a balanced claimant and defendant practice, ‘highly intelligent and capable partner’ Alexander Weinberg leads the team and has a strong track record acting both for and against financial institutions and hedge funds. Oli Goldman is experienced in fraud litigation within the banking sector and disputes around financial and interest rate hedging products. Philip Blyghton acts against financial institutions in group litigation, representing investors and retailers, and for them in misrepresentation and breach of contract claims.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Wallace runs a very tight and efficient practice to get difficult and ambitious group litigation up and running. They are very much about quality over quantity. The quality of their work is excellent, at both partner and associate level.’

  • ‘Alex Weinberg is a highly intelligent and capable partner who thinks in great detail about the case and works brilliantly with counsel. The same applies to Philip Blyghton.’

Key clients

  • Retail investors in the LF Woodford Equity Income Fund
  • RGL Management Limited

Work highlights

  • Acting for a claimant group of thousands of retail investors in the LF Woodford Equity Income Fund who have issued High Court claims against Hargreaves Lansdown and Link Fund Solutions following the Fund’s high-profile suspension in June 2019 and subsequent announcement that it will be wound down, with losses of up to £1bn.
  • Acting for a prominent claimant group, including a number of high-street retailers, in claims against MasterCard and Visa in relation to the unlawful fixing of interchange fees valued in excess of £100m.