Consumer protection disputes often have drastic consequences. In addition to costly litigation, government investigations, and regulatory inquiries, a company may suffer unfavorable publicity and irreparable damage to its reputation. While assertively maintaining regulatory compliance is key to avoiding problems, quick resolution of issues that arise is essential when a company’s competitive position is at stake.
Combining extensive class action defense experience with in-depth knowledge of the laws governing consumer transactions, Akerman's Litigation Practice Group aggressively defends and successfully prevents exposure to consumer protection class action lawsuits. Our lawyers work closely with clients to create proactive programs that identify risks and modify practices before potentially devastating litigation arises. In addition, we counsel clients with respect to policies and procedures related to regulatory compliance in preparation for state and federal audits, Consumer Financial Protection Bureau supervision, and self-disclosures.
Our diverse sector experience includes pharmaceuticals, medical devices, motor vehicles, food and beverages, and construction materials. We also defend financial institutions, including banks, non-bank financial institutions, fintech companies, debt buyers, and servicers, in consumer claims arising out of state and federal consumer protection laws, including Truth in Lending, Fair Debt Collection Practices (state and federal), Consumer Leasing, Equal Credit Opportunity, Fair Credit Reporting (federal and state), Telephone Consumer Protection Act, and Real Estate Settlement Practices Act.