Lawyers / Professionals

Mr. Fratkin co-chairs the firm's consumer financial services litigation practice group. He represents consumer financial services clients involved in credit card, banking, and mortgage litigation, alleging violations of the Fair Credit Reporting Act, Fair Debt Collection Practices Act, Equal Credit Opportunity Act, Bankruptcy Discharge Injunction and Stay, Truth in Lending Act, and state law consumer protection statutes. He also represents business clients in disputes that include allegations of fraud, conspiracy, civil RICO and breach of contract.

Examples of his experience include his representation of a national bank in putative class action litigation, where the plaintiffs alleged an unlawful increase in their interest rates on credit cards. In one of the cases, the district court recently ordered that plaintiffs must pay the defense their costs and attorneys' fees.

He represented a large conglomerate in its multidistrict securities litigation. The company was the subject of a well-publicized corporate scandal, and its former CEO and CFO are currently serving prison sentences for securities fraud and grand larceny. In 2005, Mr. Fratkin spent nearly six months as in-house counsel at this company as part of this representation. He has taken or defended more than 35 depositions in connection with this matter.

He represented the largest direct retailer of hardwood flooring in the United States in a multimillion-dollar dispute with one of its vendors over the terms of a purchase agreement. He received a favorable opinion from an arbitrator that the client's interpretation of the contract was correct.

He helped achieve a $2.5 million arbitration award in a proceeding where McGuireWoods represented a subsidiary of a public company that sued its former CEO for breach of fiduciary duty, fraud and conspiracy. The award included more than $1 million in attorneys' fees.

In several cases brought as putative class actions, he has prevailed on motions requiring arbitration on an individual, non-class, basis.