Law firm Ballard Spahr is preparing for an increase in consumer lawsuits in New York prompted by new state and federal regulations.
The firm, which already has a large consumer financial services practice, said Tuesday that is has hired litigator Justin Angelo for its New York office. Angelo previously worked for law firm Greenberg Traurig in Fort Lauderdale, Fla., where he defended banks and nonbanks in cases brought under the Truth in Lending Act, the Fair Credit Reporting Act and the Fair Debt Collection Practices Act.
"We expect to handle a high volume of consumer financial services litigation in New York as a result of the avalanche of rulemaking by the Consumer Financial Protection Bureau and the aggressive posture of the New York State Department of Financial Services and attorney general," Alan Kaplinsky, head of Ballard's consumer financial services practice, said in a press release.
Ballard Spahr's consumer financial services group currently has more than 90 attorneys in its 14 U.S. offices. It opened its New York office on July 1 after acquiring boutique litigation firm Stillman & Friedman.