Close

People

David Lesser is a highly skilled litigator who represents financial institutions and other commercial clients in civil litigation and regulatory matters. He has extensive experience with appellate litigation and defense of complex securities, commodities and consumer banking class actions and has represented clients in cases involving claims arising under securities laws, antitrust, CEA, RICO, FCRA, TILA, contract, and tort law claims, among others.

He has also represented financial institutions and other clients in regulatory examination and enforcement matters involving the CFPB, FDIC, OCC, and other federal and state regulators. He also regularly provides regulatory counseling to financial institutions, including conducting compliance reviews concerning federal and state consumer financial laws.

David received his JD from Yale Law School in 2001. While pursuing his JD, he also obtained a graduate M.Phil. degree in American Studies. Upon graduating from law school, he clerked for the Honorable Rosemary Barkett of the United States Court of Appeals for the Eleventh Circuit.

Full Bio

Credentials

J.D., Yale Law School

M.Phil., Yale University

B.A., University of Virginia

New York

Law Clerk, Hon. Rosemary Barkett, U.S. Court of Appeals for the Eleventh Circuit

French

Recommended for financial services litigation


Legal 500 US, 2017

Honored with the Above & Beyond Award for Excellence in Pro Bono Advocacy by Sanctuary for Families


2015

Named a "New York Rising Star"


Metro Edition magazine, 2011, 2012

Close

Recognition

Recommended for financial services litigation


Legal 500 US, 2017

Honored with the Above & Beyond Award for Excellence in Pro Bono Advocacy by Sanctuary for Families


2015

Named a "New York Rising Star"


Metro Edition magazine, 2011, 2012

Matters

Recent Litigation Matters

Representing a large financial institution in connection with civil litigation arising out of alleged anticompetitive manipulation of Variable Rate Demand Obligation (VRDO) bonds.

Representing a large financial institution in connection with civil litigation alleging anticompetitive manipulation of Government Sponsored Enterprise (GSE) bonds.

Representing a high-frequency trading and technology company in connection with civil litigation alleging spoofing scheme to manipulate futures markets.

See more

Close

Matters

Recent Litigation Matters

Representing a large financial institution in connection with civil litigation arising out of alleged anticompetitive manipulation of Variable Rate Demand Obligation (VRDO) bonds.

Representing a large financial institution in connection with civil litigation alleging anticompetitive manipulation of Government Sponsored Enterprise (GSE) bonds.

Representing a high-frequency trading and technology company in connection with civil litigation alleging spoofing scheme to manipulate futures markets.

Representing a large financial institution in connection with all civil litigation arising out of alleged LIBOR manipulation, alleging antitrust, commodities manipulation and other claims.

Representing a large financial institution in connection with litigation arising out of alleged CDOR manipulation, alleging antitrust, commodities manipulation and other claims.

Representing a large financial institution in litigation concerning various fair lending issues.

Representing a large financial institution in connection with all merchant and consumer antitrust litigation concerning the setting of payment card interchange fees.

Represented large financial institution in connection with high-frequency trading civil class litigation.

Represented large financial institution in connection with federal securities litigation arising out of the subprime crisis and related matters.

Represented large financial institution in connection with litigation concerning alleged market-making of unregistered securities.

Represented large financial institution in connection with consumer class-action litigation concerning forfeiture of credit card rewards points.

Represented two defendant underwriters in connection with 55 industry-wide cases alleging violations of Section 16(b) short swing profit regulations in connection with certain initial public offerings.

Represented large financial institution in connection with consumer class-action litigation concerning overdraft fees and transaction posting order.

Represented several underwriter defendants in IPO-related antitrust and securities class action litigation.

Represented large financial institution in connection with consumer class-action litigation arising out of credit-card APR repricing.

Recent Regulatory Matters

Counseled large financial institution in connection with review of credit-card addon products.

Represented numerous large financial institutions in connection with examinations and enforcement actions by various federal regulators including the CFPB, OCC, and FDIC.

Counseled large financial institution in connection with fair lending issues.

Counseled large financial institution in connection with exportation of interest rates.

Counseled several large financial institutions in connection with compliance with UDAAP and other federal and state consumer financial laws.

Counseled large consumer electronics merchant in connection with review of payment plan and compliance with federal and state consumer financial laws.

Counseled large reverse-mortgage lender in review of compliance with federal consumer financial law.

Matters

Recent Litigation Matters

Representing a large financial institution in connection with civil litigation arising out of alleged anticompetitive manipulation of Variable Rate Demand Obligation (VRDO) bonds.

Representing a large financial institution in connection with civil litigation alleging anticompetitive manipulation of Government Sponsored Enterprise (GSE) bonds.

Representing a high-frequency trading and technology company in connection with civil litigation alleging spoofing scheme to manipulate futures markets.

See more

Close

Matters

Recent Litigation Matters

Representing a large financial institution in connection with civil litigation arising out of alleged anticompetitive manipulation of Variable Rate Demand Obligation (VRDO) bonds.

Representing a large financial institution in connection with civil litigation alleging anticompetitive manipulation of Government Sponsored Enterprise (GSE) bonds.

Representing a high-frequency trading and technology company in connection with civil litigation alleging spoofing scheme to manipulate futures markets.

Representing a large financial institution in connection with all civil litigation arising out of alleged LIBOR manipulation, alleging antitrust, commodities manipulation and other claims.

Representing a large financial institution in connection with litigation arising out of alleged CDOR manipulation, alleging antitrust, commodities manipulation and other claims.

Representing a large financial institution in litigation concerning various fair lending issues.

Representing a large financial institution in connection with all merchant and consumer antitrust litigation concerning the setting of payment card interchange fees.

Represented large financial institution in connection with high-frequency trading civil class litigation.

Represented large financial institution in connection with federal securities litigation arising out of the subprime crisis and related matters.

Represented large financial institution in connection with litigation concerning alleged market-making of unregistered securities.

Represented large financial institution in connection with consumer class-action litigation concerning forfeiture of credit card rewards points.

Represented two defendant underwriters in connection with 55 industry-wide cases alleging violations of Section 16(b) short swing profit regulations in connection with certain initial public offerings.

Represented large financial institution in connection with consumer class-action litigation concerning overdraft fees and transaction posting order.

Represented several underwriter defendants in IPO-related antitrust and securities class action litigation.

Represented large financial institution in connection with consumer class-action litigation arising out of credit-card APR repricing.

Recent Regulatory Matters

Counseled large financial institution in connection with review of credit-card addon products.

Represented numerous large financial institutions in connection with examinations and enforcement actions by various federal regulators including the CFPB, OCC, and FDIC.

Counseled large financial institution in connection with fair lending issues.

Counseled large financial institution in connection with exportation of interest rates.

Counseled several large financial institutions in connection with compliance with UDAAP and other federal and state consumer financial laws.

Counseled large consumer electronics merchant in connection with review of payment plan and compliance with federal and state consumer financial laws.

Counseled large reverse-mortgage lender in review of compliance with federal consumer financial law.

Credentials

J.D., Yale Law School

M.Phil., Yale University

B.A., University of Virginia

New York

Law Clerk, Hon. Rosemary Barkett, U.S. Court of Appeals for the Eleventh Circuit

French

Recommended for financial services litigation


Legal 500 US, 2017

Honored with the Above & Beyond Award for Excellence in Pro Bono Advocacy by Sanctuary for Families


2015

Named a "New York Rising Star"


Metro Edition magazine, 2011, 2012

Close

Recognition

Recommended for financial services litigation


Legal 500 US, 2017

Honored with the Above & Beyond Award for Excellence in Pro Bono Advocacy by Sanctuary for Families


2015

Named a "New York Rising Star"


Metro Edition magazine, 2011, 2012