Carolee Hoover has more than a decade of experience representing financial institutions and Fintech companies in a broad range of consumer finance-related litigation, including state and federal preemption, and true lender issues. In addition, Carolee represents entities in navigating state regulatory investigations, including with California’s new Department of Financial Protection and Innovation. She also provides due diligence advice to clients on true lender issues. Deeply knowledgeable in class action litigation practice and strategy, Carolee has extensive experience in matters relating to deposit accounts, mortgages and vehicle loans.
She regularly defends financial institutions in alleged violations of the Fair Credit Reporting Act, the Servicemember Civil Relief Act, federal and state debt collection statutes, mortgage foreclosure and repossession laws, loan modification and other servicing-related claims, among others. Additionally, Carolee handles complex matters involving indemnity claims and mortgage securitization.
Carolee is involved in all aspects of litigation for her clients, including large-scale discovery, dispositive motion practice, and trial. She is recognized by clients for her business acumen and holistic approach to matters, as well as her responsiveness and skill in managing parallel proceedings related to consumer finance and other complex litigation matters.
Defended large national bank in multi-district class action litigation related to the collateral protection insurance while navigating parallel regulatory actions.
Defended large national bank in nationwide class action related to alleged violations of the Servicemember Civil Relief Act.
Defended large national bank in nationwide class action related to overdraft and insufficient funds fee assessment on checking and savings accounts.
Defended federal savings bank in California class action involving federal preemption of state interest on escrow requirements and the valid-when-made doctrine.
Defended fintech lender in California class action involving bank partnerships and true lender issues.
Successfully defended auto lender in an arbitration matter involving alleged violations of the California Automobile Sales and Finance Act and a request for a public injunction under the California Unfair Competition Law.
Defended small financial institution against indemnity claims related to the sale and securitization of mortgage loans.
The Bar Association of San Francisco
New York State Bar Association
Phi Beta Kappa
McGuireWoods Fintech Trio Pens Law360 Article on CFPB Earned Wage Access Order
February 24, 2021
McGuireWoods’ Growing San Francisco Office Relocates to Two Embarcadero Center
February 23, 2017