With a notable presence in the payment services, fintech and consumer finance sectors, Paul Hastings LLP is capable in both representing banking and finance clients in investigations by federal authorities including the FTC, CFPB, and state attorneys general as well as in antitrust and class action litigation for short-term and mortgage lenders, online retailers, and payment companies. One notable recent case concerned novel statutory arguments made for an intervenor relating to the applications of the CFPB’s enabling statute. The group is by Allyson Baker and Jonice Gray, who are highly experienced in consumer finance disputes and financial crime investigations respectively. Matthew Previn advises on regulatory investigations and enforcement orders, and Meredith Boylan specialises in fintech investigations and follow-on litigation. All attorneys based in Washington DC.
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Key clients
- Early Warning Services, LLC
- Block
- Acima Digital and Acima Holdings
- Apple Bank
- Assurance
- Cleo AI
- Comerica Bank
- Cypress Loan Servicing
- Dave Inc.
- Evolve Bank & Trust
- Klover Holdings Inc.
- Guild
Work highlights
Represented Early Warning Services, LLC, a fintech company that operates the Zelle Network, in wide-ranging investigations by the CFPB, United States Senate Permanent Subcommittee on Investigations (PSI), and other actors regarding the company’s operation of the Zelle Network.
Represented Block, Inc., in connection with the CFPB’s investigation into Block’s payment product, Cash App.
Represented Acima in a wide-ranging CFPB investigation regarding Acima’s short-term lease-to-own transactions that allow consumers to take possession of household merchandise and durable goods purchased by Acima from third-party retailers.
Practice head
Allyson Baker; Jonice Gray
Other key lawyers
Matthew Previn; Meredith Boylan