dickstein shapiro fraud & financial services

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FRAUD & FINANCIAL SERVICES LITIGATION Experience

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For those now finding themselves adverse to major financial institutions, Dickstein Shapiro can help lead the way forward. With more than 170 litigators and billions of dollars recovered for our clients, we have proven we can take on large financial institutions - and win.

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Page 1: Dickstein Shapiro Fraud & Financial Services

F R A U D & F I N A N C I A L S E R V I C E S

L I T I G AT I O N

Experience

Page 2: Dickstein Shapiro Fraud & Financial Services

Reputation matters.

Ranked as a 2014 leading litigation firm

by U.S. News and Best Lawyers.

Named to the 2013 National Law Journal

Plaintiffs’ Hot List.

Named District of Columbia Firm of the

Year by Benchmark Litigation.

Ranked as a 2013 leading litigation firm

by Chambers USA: America’s Leading

Lawyers for Business.

Amount we’ve recovered for

our clients in the courtroom and

through settlements.

BILLIONS

Page 3: Dickstein Shapiro Fraud & Financial Services

In a battle against the biggest banks, we’re on your side.The web of liabilities from the global financial crisis and its

aftermath are still being untangled—and likely will be for

many years to come. For those now finding themselves

adverse to major financial institutions, Dickstein Shapiro can

help lead the way forward. With more than 100 litigators and

billions of dollars recovered for our clients, we have proven

we can take on large financial institutions—and win.

Our litigation teams, which include a deep bench of trial

attorneys, have a thorough understanding of the financial

markets and the increasingly complicated instruments at the

core of many of these disputes. This ensures that we can

develop comprehensive and creative litigation strategies

for our clients, which include Fortune 500 companies,

private equity and hedge funds, and mezzanine lenders,

among others.

Whether you are dealing with disputes involving distressed

debt, interest-rate and credit default swaps, mortgage-

backed securities, or other financial instruments, we will use

our experience to find the optimal solution. We understand

that the ideal result may be found in the courtroom or across

the negotiation table, but the way forward always starts

with a commitment to your particular business strategy and

objectives.

Page 4: Dickstein Shapiro Fraud & Financial Services

Understanding your needs.

Finding counsel that is conflict-free.More than 80 percent of the top law firms represent major financial

institutions, so finding counsel who can help you in disputes with the big banks

can be challenging. We are experienced and readily able to litigate against

large money center banks and major financial institutions. Unlike many firms

that have those entities as institutional clients, we are conflict-free by choice.

Page 5: Dickstein Shapiro Fraud & Financial Services

Resolving your challenges.

Maximizing your existing assets to cover losses.In the aftermath of the

financial crisis, insurance

policies can be a

significant asset, covering

losses and contributing

to a company’s bottom

line. The attorneys in our

nationally recognized

Insurance Coverage Group

have decades of proven

success in recovering

billions on innovative

theories and strategies.

They have handled a wide

range of related claims,

including in the private

equity sector, and for

bankruptcy actions, crime

and fidelity, and bad faith

claims.

Ensuring your voice as a plaintiff is heard. In our experience, the

interests of individual plaintiffs

in class actions are not always

in sync with other participants.

We have a proven track

record of advancing complex

litigation on behalf of

individual plaintiffs and those

that opt out of class actions.

We have been able to secure

settlements and awards for

individual plaintiffs that have

far exceeded those of

parties that remained in the

class actions.

Developing a truly comprehensive legal solution.When the strategy calls

for it, our attorneys work

together closely on parallel

tracks, pursuing litigation

and alternate dispute options

simultaneously to secure the

ideal outcome for clients. Our

Complex Dispute Resolution

Practice has developed

creative solutions for some of

the most challenging cases

in U.S. history, including the

multi-step class resolution of

the nationwide breast implant

litigation and the negotiation

of class and non-class

settlement agreements in the

nationwide average wholesale

pricing pharmaceutical

litigation.

Our focused industry experience. We are at the forefront in working to resolve complex financial disputes on behalf of our

clients: borrowers; official and ad-hoc creditor or equity committees; private equity and

hedge funds; litigation trusts; senior, subordinate, and mezzanine lenders; blue-chip

corporations; and monoline insurers.

Page 6: Dickstein Shapiro Fraud & Financial Services

Experience success.

| Conflict-Free | We have represented clients in actions against: Bank of America;

Bank of New York Mellon; Barclays; Chase; Citigroup; Credit Suisse; Deutsche Bank; Goldman

Sachs; HSBC; JP Morgan; Lloyds Banking Group; Morgan Stanley; and UBS.

Page 7: Dickstein Shapiro Fraud & Financial Services

Financial Crisis Litigation

• Our attorneys are representing the Federal Deposit Insurance Corporation (FDIC) and Freddie Mac in widely publicized cases involving allegations that 16 of the world’s largest commercial banks (such as Bank of America) fraudulently and collusively suppressed the global interest rate benchmark LIBOR.

• We prosecuted a $2.67 billion claim objection and adversary proceeding as special counsel to the official creditors’ committee in Chapter 11 proceedings for General Motors Corporation and then on behalf of the General Unsecured Creditors Trust.

• We serve as lead counsel for the plaintiff in an action against Bank of America seeking repurchase of more than 250 loans due to breaches of representations and warranties concerning the origination and underwriting of loans pooled into a commercial mortgage-backed securities trust. The potential damages in the case exceed $300 million.

• We represented Destiny USA in connection with the construction of a multibillion dollar project that breaks new ground in green technology and retail concepts. The project is financed by both public and private funding from a commercial lender, municipal bonds, state Brownfield tax credits, and federal green bonds. After we obtained a precedent-setting injunction compelling Citigroup to fund the construction loan required to complete the project, the matter settled successfully.

To see how our experience can help you, visit dicksteinshapiro.com.

Plaintiff-Side Litigation

• We represented more than 125 large purchasers of bulk vitamins in a variety of industries in litigation against vitamin manufacturers accused of participating in a global price-fixing cartel, securing billions in recoveries.

• Our attorneys represent several clients who were the major purchasers of polyurethane chemicals against manufacturers accused of conspiring to fix the price of those chemicals for almost a decade.

• On behalf of the liquidator of Investors Equity Life Insurance Co., we prosecuted six lawsuits and arbitrations against securities brokers to recover more than $50 million lost by the company in allegedly illegal financial futures transactions and secured an award in excess of $8 million from a three-judge arbitration panel.

• We represented a large group of plaintiffs, including Tyson Foods, Inc., to recover damages for overcharges resulting from the alleged price fixing of methionine, an ingredient in animal feed.

Number of Dickstein Shapiro litigators. Our team is made up of many former

federal and state prosecutors.100+

Page 8: Dickstein Shapiro Fraud & Financial Services

ATTORNEY ADVERTISING. Prior results do not guarantee a similar outcome. © 2015 Dickstein Shapiro LLP. All Rights Reserved. DC012015-E

Dickstein Shapiro LLP, Market Leading Specialty Firm®, founded in 1953, is internationally recognized for its work with clients, from start-ups to Fortune 500 corporations. Dickstein Shapiro provides strategic counsel and develops multidisciplinary legal solutions by leveraging its core strengths—litigation, regulatory, transactions, and advocacy—to successfully advance clients’ business interests.

dicksteinshapiro.com

Market Leading Specialty Firm®