Subprime Financial Litigation

With the recent decline in the financial markets, WTP has assembled a group of bankruptcy and litigation attorneys who are uniquely experienced and well-positioned to prosecute claims resulting from the subprime financial crisis. WTP attorneys are well-suited to protect the interests of institutional investors and corporate entities in the wake of the downfall of the subprime mortgage industry, and related misconduct by brokers, asset managers, analysts, lenders, investment bankers, financial institutions, and rating agencies.

WTP attorneys are experienced in the primary areas at the core of the financial collapse, including (i) securities and investor claims relating to false or unsupported representations by financial institutions about earnings, fiscal health, and, impending defaults amid the declining economy and markets, (ii) corporate governance claims relating to mismanagement, fraud, and branches of fiduciary duties by officers and directors, (iii) predatory lending and fraud claims against mortgage lenders and brokers for wrongful practices that resulted in foreclosures and financial harm, and (iv) wrongful investment claims against financial consultants, advisors and asset managers for improperly advising pension and ERISA funds as well as institutional investors to invest in high risk funds tied to subprime mortgages or mortgage-backed securities.

Our extensive experience with financial and securities litigation positions us well to prosecute subprime industry-related claims before all federal and state courts.