K&L Gates’ class action defense lawyers have represented Fortune 500 companies, financial institutions, mortgage lenders, investment companies, broker-dealers, public companies, nonprofits, municipalities, limited partnerships, and law firms, as well as their owners, officers, directors, and partners, in class actions brought throughout the country under federal and state laws.
K&L Gates defends class actions in a broad range of substantive areas, including consumer finance/mortgage banking, securities, environmental/toxic tort, consumer protection/products liability, antitrust/trade regulation, wage and hour, employment, and telecom, among others.
The firm’s class action defense lawyers are organized into teams focusing on particular areas of substantive law under which such actions are often brought. K&L Gates’ class action defense teams include lawyers in the majority of the firm’s U.S. offices, as well as in Europe and Asia, who have handled cases involving potential classes of hundreds of thousands of individuals and alleged damages in the billions of dollars brought in numerous federal and state courts and other tribunals in nearly all of the United States and in the United Kingdom, Taiwan, and other foreign jurisdictions.
K&L Gates combines its command of the rules and procedures governing class actions with an in-depth knowledge of the substantive areas of the law involved to provide clients with the best and most cost-efficient defense possible. K&L Gates’ ability to defend nationwide class actions is further enhanced by the geographic diversity of the firm’s offices and the resources its lawyers can bring to bear in such complex litigation.
K&L Gates lawyers regularly defend banking, mortgage lending, and consumer financial service institutions in consumer class action litigation. The firm has represented banks, mortgage banks, mortgage loan servicers, and other consumer financial service institutions in putative national classes as well as state and multi-state classes involving claims against financial institutions under federal statutes such as the Fair Housing Act, Equal Credit Opportunity Act, Real Estate Settlement Procedures Act, the Truth in Lending Act, Fair Debt Collection Practices Act, the Fair Credit Reporting Act, Credit Repair Organizations Act, and the Racketeer Influenced and Corrupt Organizations Act.
K&L Gates also has represented clients against state statutory law claims, including state unfair and deceptive acts and practices statutes, California Business and Professions Code § 17200, state motor vehicle sales finance acts, and state statutory analogs to the various federal consumer protection statutes as well as common law claims.
K&L Gates lawyers are nationally recognized for their experience and successes in the defense of securities fraud litigation and related derivative litigation. Drawing upon the firm’s deep experience in private securities fraud litigation, dating from the successful representation of a national accounting firm in what is believed to have been the first Rule 10b-5 class action ever to be tried to a conclusion, to cutting-edge investment company litigation, our litigators have had frequent success in achieving early, favorable resolutions of securities cases by obtaining the dismissal of putative class action complaints, defeating motions for class certification, and limiting the scope of alleged class periods.
K&L Gates lawyers defend large publicly held corporations, investment companies, investment advisory firms, underwriters, large and small brokerage firms, and venture capital firms, as well as the officers and directors of these organizations, in class actions and derivative suits. In addition to claims under the federal securities laws, these cases often involve common law claims alleging negligence, fraud, and breach of fiduciary duty.
K&L Gates lawyers regularly defend corporate and municipal clients in a broad range of wage and hour and wage payment class actions, including putative national, international, multi-state, and state classes; potential classes of hundreds of thousands of employees; and alleged damages in the billions of dollars. These actions include off-the-clock work claims; overtime claims; challenges to exempt status; claims for employee status and benefits by temporary workers, third-party contract workers, independent contractors, and volunteers; and technical claims for violations of meal and rest period, termination pay, wage payment, and wage deduction requirements.
The firm’s extensive class action litigation experience, when combined with our substantive knowledge in the wage and hour and wage payment areas, enables K&L Gates’ lawyers to anticipate issues, to identify and raise arcane defenses that other counsel may miss, and to think strategically to avoid or minimize the potential problems these actions present.
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