Financial Services Operations

Steinberg Law understands the business of banking, the complexities of commercial finance, and the importance of consumer claims and complaints and how to defend and address them.

Financial service entities rely on our firm for operational know-how, regulatory acumen, and our understanding of products and services.

We are also relied on to ensure compliance with the complicated banking and lending laws and to prosecute and/or defend legal actions which may arise from any financial service operation.

From community banks to national financial services companies, our clients turn to us, in diverse economic climates, for our unique blend of experience, depth and perspective that only industry longevity can bring.

These Areas of Specialty Include:

  • Banking Practices and Procedures
  • Credit Union Service Organizations (CUSOs)
  • Commercial Lending
  • Truth in Lending

Related Claims Experience

  • Consumer Financial Protection Act (CFPA)
  • Equal Credit Opportunity Act (ERCOA)
  • Fair Credit Reporting Act (FCRA)
  • California Consumer Credit Reporting Agencies Act (CCCRAA)
  • Violation of Song-Beverly Consumer Warranty Act Claims

$75 Million Dollar Victory

Steinberg Law recently prevailed in a 75 Million Dollar ($75,000,000) Federal Court case where its banking client was accused of aiding and abetting an alleged Ponzi Scheme by a banking client.

The claims presented against Steinberg Law’s client included Fraud, Breach of Fiduciary Duty, Violation of Penal Code §496 (Receiving Stolen Property) and Elder Abuse. The case posed the potential for being a class action.

Steinberg Law successfully argued on Summary Judgment, that under both Texas and California Law, its client could not be liable as a matter of law and fact. The Court agreed.

Steinberg Law’s client prevailed and was vindicated. The banking client and its Officers and Board of Directors were ecstatic with this most favorable result.

Contact for a Consultation

An initial consultation is complimentary and will be conducted either by email, phone, or video conference. In order to help us prepare for the initial evaluation, we ask that you provide information in the form below.