Financial Institutions

FINANCIAL INSTITUTIONS
Baker Sterchi Cowden & Rice’s attorneys have successfully handled and are currently handling a wide variety of cases involving financial institutions, which include statutory, tort and contract-based claims against banks and credit unions, insurance companies, insurance agents, mortgage brokers and bankers, securities brokers/dealers and a variety of other entities which provide financial services.  The following practice areas are representative of services we can provide in defense of financial institutions:

BANKS, INVESTMENT BANKS AND FINANCING COMPANIES

• Errors and omissions committed by officers and directors including claims of theft and fraud
• Negligent and fraudulent misrepresentation
• Predatory Lending, Truth-in-Lending Act violations
• Real Estate Settlement Procedures Act violations
• Mortgage Disclosure Improvement Act violations
• Fair Debt Collection Practices Act violations
• Fair Credit Reporting Act violations
• Homeowner’s Equity Protection Act violations
• Fair Housing Act and Equal Credit Opportunity Act violations
• Missouri Merchandising Practices Act violations
• Conversion and breaches of the Uniform Commercial Code
• Security interest priority actions involving repossession of secured collateral
• SEC violations
• Artisans’ liens, breach of contract actions
• Check honoring issues

SECURITIES BROKER/DEALERS

• SEC Rule violations (10b-5)
• Fraud
• State statute securities claims
• Non-compete actions
• Breach of fiduciary obligations
• Experience conducting audits of corporate financial statements, including audits to insure compliance with SEC filing requirements for securities broker/dealers

MORTGAGE BANKS

• Errors and omissions committed by officers and directors including claims of theft and fraud
• Fraudulent misrepresentation
• Predatory Lending, Truth-in-Lending Act violations
• Real Estate Settlement Procedures Act violations
• Homeowner’s Equity Protection Act violations
• Fair Debt Collection Practices Act violations
• Fair Housing Act and Equal Credit Opportuity Act violations
• Fair Credit Reporting Act violations

INSURANCE COMPANIES AND AGENTS

• Errors and omissions of insurance agents
• Fair Debt Collection Practices Act violations
• Negligent and fraudulent misrepresentation
• Bad faith and wrongful denial of coverage claims
• Conversion
• Breaches of the Uniform Commercial Code
• Truth-in-Lending Act violations
• Bad Debt Collection Practices Act violations

SURETY COMPANIES

• Accountant liability and surety liability on commercial tax returns