Showcasing a strength in fintech regulation, Cooley LLP is skilled in representing clients in examinations and investigations by the CFPB, DOJ, FDIC, OCC, and Federal Reserve. This extends to compliance matters at the forefront of CFPB regulation and enforcement processes, including matters of first impression. As such, the lending and fair banking space is an additional area of prominence for the team, as well as fraud control. Washington DC-based Michelle Rogers, chair of the financial services enforcement and regulatory group as chair, oversees the practice. On the broker dealer and consumer finance side, the group has notable credentials within credit card compliance, and payment and consumer lending compliance more widely, for which Obrea Poindexter in Washington DC is an important point of contact.
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Testimonials
Collated independently by Legal 500 research team.
- 'This practice is both incredibly knowledgeable and also extremely relatable and practical. This practice has the ability to take complex legal issues and questions and respond in a way that is understandable and practical for the business partners as well as the in-house attorneys.'
Key clients
- MidFirst Bank, a Top-thirty National Bank, in HUD-OIG Audit
- Regional Federal Credit Union
- First Citizens v. HSBC
- Bhoge v. Frenkel Lambert Weiss Weisman & Gordon LLP and MidFirst Bank
- CFPB v. Fay Servicing
- CFPB v. Branch Messenger Technologies
- CFPB v. Carrington Mortgage Services
- CFPB v. MoneyLion Technologies
- NYAG v. MoneyLion Technologies
- Congressional Investigation of ChexSystems, Inc.
Work highlights
Represented MidFirst Bank in an audit conducted by the Office of the Inspector General (OIG) to the Department of Housing and Urban Development (HUD) regarding the manner in which the bank serviced government loans during the pandemic.
Representing First Citizens Bank & Trust Company in litigation filed against HSBC entities and employees in the Northern District of California involving trade secret, breach of contract, and other tort claims.
Represented a regional federal credit union in a DOJ investigation arising from an NCUA exam that preliminarily concluded the institution engaged in redlining in violation of the Fair Housing Act and Equal Credit Opportunity Act.
Practice head
Michelle Rogers
Other key lawyers
Obrea Poindexter; Kate Goodman