The financial services industry is a vital force in the U.S. economy, contributing 8 percent of the gross domestic product, according to the Wall Street Journal. Nevertheless, because of the financial crisis and its fallout, the financial services industry has come under unprecedented scrutiny from lawmakers, regulators, and government investigators, as well as shareholders, the media, and the public at large. In addition to dealing with this unparalleled spotlight on their companies, financial services firms also must manage the operational challenges posed by volatile economic cycles and dramatic changes in laws and regulations, as well as the day-to-day matters that typically arise in the normal course of business.

Our Services

For more than four decades, Epstein Becker Green (EBG) has been advising and representing domestic and multinational financial services clients in an ever-changing regulatory and economic environment on a wide array of matters. Our financial services clients rely on us for the following:

Health Care Services

We regularly act on behalf of a number of leading private equity houses on health care deals covering, among other things:

  • acquisitions and divestitures of regulated and non-regulated health care companies
  • affiliations
  • commercial lending
  • conversions of nonprofit health care entities
  • creation of licensed health care entities and management services organizations
  • joint ventures
  • offerings of securities

Employment, Labor, and Workforce Management Services

We advise and represent both domestic and multinational financial services employers—from Inc. 100 start-ups to Fortune 500 entities—on labor and employment issues, including those involving:

  • Best practices with regard to employee hiring, compensation, discipline, and terminations
  • Deferred compensation, executive bonus, and equity-based compensation guidance
  • Immigration compliance
  • Investigations into employee complaints
  • Issues unique to foreign banks and other multinational financial services employers 
  • Labor-management relations
  • Litigation avoidance training
  • Preparation of employment, noncompetition, confidentiality, and other critical employment agreements
  • Protection of trade secrets and other proprietary information
  • Wage and hour compliance
  • Whistle blower actions, including compliance with the Dodd-Frank Wall Street Reform and Consumer Protection Act(“Dodd-Frank”)

Litigation Support

EBG’s litigators work hard to resolve complex business disputes between or involving financial services entities. We represent clients in federal and state trial and appellate courts on a broad array of matters. For instance, our litigators regularly handle employment litigation concerning wrongful discharge, breach of contract, confidentiality and non-compete agreements, and various discrimination-based matters, such as class-action discrimination defense.

Additionally, our Financial Industry Regulatory Authority (FINRA) Practice Group is an important part of our financial services focus. This group is made up of attorneys who have extensive experience handling arbitrations before FINRA and the representation of financial services institutions in disputes over a variety of issues, including compensation, termination, raiding, retaliation, and restrictive covenant litigation. And because of their substantive understanding of the financial services industry and the nature of their clients’ business, members of the FINRA Practice Group are able to offer innovative strategies designed to produce sound legal and fiscal results in FINRA-related matters.

Our Clients

The financial services sector continues to be one of the largest components of EBG's diverse client base—a fact that we attribute to our in-depth knowledge of this industry and the challenges that our clients face. Our roster of financial sector clients runs the gamut from small venture capital funds to major international banks. For example, we routinely advise and represent:

  • Asset managers and pension fund fiduciaries
  • Broker-dealers
  • Corporate borrowers and issuers of securities
  • International commercial banks
  • International investment banks
  • Multiline insurance carriers and off shore reinsurers
  • Non-bank commercial lenders
  • Private equity and venture capital funds
  • Regional savings banks