Ponzi Scheme Litigation
For more than a decade, McGuireWoods has represented major U.S. banks and other financial institutions in cases involving victim-driven mass and class actions, and actions and claims initiated through receiverships and bankruptcy trustees, in relation to Ponzi schemes. From traditional investment fraud to niche investments (e.g., cattle futures), our nationwide litigation group defends entities against claims of negligence, aiding and abetting, fraudulent transfer claims and other legal theories.
Our lawyers have defended some of the largest banks in the country, involving some of the largest Ponzi schemes ever perpetrated. Frequently, the cases come in multiple forums and require a more nuanced strategy addressing not just the merits, but also complex procedural issues. Our lawyers understand the challenges defendants face in these matters and are skilled at navigating those challenges. And we have obtained favorable resolutions for our clients, including precedential law through appellate courts.
Our statement that we have experience is not simply a platitude. For more than a decade, we have specialized in defending financial institutions in these cases. Leveraging the deep knowledge and experience of McGuireWoods’ Financial Services Litigation Practice Group — which represents the top 10 U.S. banks ranked by assets — our team is adept at spotting emerging issues in this ever-changing litigation landscape. Through McGuireWoods’ Ponzi Perspectives blog, our attorneys track key decisions in Ponzi scheme civil and criminal litigation and keep clients informed of allegations by the U.S. Securities and Exchange Commission, Commodity Futures Trading Commission, Federal Trade Commission, U.S. Department of Justice and other regulatory agencies.
McGuireWoods is an industry leader in defending Ponzi scheme cases seeking to hold financial institutions responsible for victims’ damages. Through those matters, we have developed robust strategies, knowledge and capabilities in defending financial institutions.
National tier 1 ranking for litigation in banking and finance law and in mass tort litigation / class actions for defendants.
– Best Law Firms
Nationally ranked in financial services regulation for broker dealer (compliance and enforcement) and banking and finance.
– Chambers USA
Recognized as a “standout” for securities and finance litigation in the “BTI Litigation Outlook 2025.
– BTI Consulting
