Experienced Financial Services Litigator Marcos Sasso Joins Ballard Spahr in Los Angeles
Marcos D. Sasso, an accomplished consumer financial services litigator with a national practice, has joined Ballard Spahr in the firm's Los Angeles office, firm Chair Mark Stewart announced today.
Mr. Sasso represents large national banks, credit card issuers, and other lenders in class actions, regulatory enforcement proceedings, and other complex litigation and arbitration matters in California and throughout the country. He also counsels clients on regulatory compliance matters. He has substantial experience with a wide variety of consumer financial services laws, including the Telephone Consumer Protection Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and state laws such as California's Unfair Competition Law and Consumers Legal Remedies Act.
The addition of Mr. Sasso in Los Angeles adds depth in the West to Ballard Spahr's Consumer Financial Services Group, which recently was named a Practice Group of the Year for banking and financial services by Law360. In addition, the Group is one of only four in the country to earn a Band One ranking from Chambers USA. With more than 125 attorneys nationwide, the Group advises financial institutions of every size and type on regulatory matters, assists in the design and documentation of credit products, and represents clients in class actions, regulatory enforcement proceedings, and other lawsuits.
Mr. Sasso joins the firm from the Los Angeles office of Stroock & Stroock & Lavan. "Having worked closely with Marcos for many years, I know he is an exceptional attorney who delivers terrific results for his clients," said Scott Pearson, a Los Angeles-based consumer financial services partner. "We're thrilled to add a lawyer of his caliber to our California team."
Mr. Sasso's experience includes matters involving preemption, identity theft, credit reporting, fair debt collection, as well as auto financing, health care financing, commercial contracts, and retail banking disputes. He has served as lead trial counsel for financial services companies in defeating class and individual claims, and has successfully argued for the enforceability of consumer arbitration agreements in trial and appellate courts. He has designed and executed litigation strategy, led teams of attorneys, and negotiated favorable settlements for his clients.
Ballard Spahr's Los Angeles office has seen explosive growth in the area of consumer financial services over the last three years. The office also is home to highly rated practices in commercial and entertainment litigation, real estate, bankruptcy, renewable energy, and employee benefits.
"The strength of Ballard Spahr's financial services practice is well-known nationwide," Mr. Sasso said. "I'm excited to join a team that has a sterling reputation and does such great work for its clients in the financial services industry. Our experience will be critical to helping banks and other lenders throughout the country navigate a rapidly evolving business and regulatory environment."