Three Gateway Center
401 Liberty Ave.
 22nd Floor
Pittsburgh, PA 15222
Fax: 412-281-4499
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Financial Services Litigation

Phone: 412-281-5060

Financial Services Litigation


Our firm represents financial institutions in lawsuits under the Fair Credit Reporting Act and also handles contested mortgage foreclosures and investment management lawsuits. From our office in Pittsburgh, Pennsylvania, our lawyers serve clients primarily in Pennsylvania, but also in other jurisdictions on a special admission basis.

FCRA Defense

The Fair Credit Reporting Act is a complex federal law that regulates creditors and credit reporting agencies. The FCRA provides statutory damages including attorney fees to a successful plaintiff, so seemingly minor violations can have significant consequences for defendants. The FCRA’s pro-consumer provisions attract plaintiffs’ lawyers who specialize in “repeat” litigation and also pro se lawsuits filed by consumers themselves.See our blog Fair Credit Reporting Act Blog at FCRA on Fridays.

Attorney Jason Spak has defended credit reporting agencies, credit resellers, and creditors in scores of FCRA lawsuits since 2003, often serving as national or “quarterback” counsel in single-consumer lawsuits from Maine to California and from Minnesota to Texas. Mr. Spak and attorney Alan Miller have also defended class action lawsuits alleging systematic violations of the FCRA by retailers and credit reporting agencies.

The firm’s lawyers understand that most FCRA suits are small cases that can have big consequences. We review not just the facts and the law, but also the expressed needs of the plaintiff and his or her counsel, before helping clients to resolve disputes quickly and cost-effectively through litigation or settlement. Mr. Spak has filed successful motions for judgment on the pleadings or for summary judgment in a number of different federal courts, but he often resolves cases through settlement where that approach makes more sense for the client.

Pennsylvania Contested Foreclosures Attorneys

Most mortgage foreclosures are filed and prosecuted by specialized firms through the mail; these cases do not require much litigation because the borrower admits default and relinquishes possession. But when a borrower retains counsel and actively defends a foreclosure suit, lenders need counsel with litigation experience who can handle discovery, appear in court, and bring the suit to a fair conclusion.

Attorneys  Anthony Picadio and Jason Spak have that experience. Together and separately, they have taken over the prosecution of numerous mortgage foreclosure cases, litigating on behalf of lenders and also the FDIC. They are familiar with lenders’ need to reach a cost-effective solution to each case, be it foreclosure or a refinanced loan. They are also familiar with the various procedures that local courts have adopted to streamline foreclosure cases.

Investment Management Litigation

When unhappy investors sue their brokers or investment advisors, both money and the defendants’ reputation are at stake. Attorneys Anthony Picadio and Jason Spak have handled numerous lawsuits between investors and their advisors, and they understand how sensitive these cases are for both plaintiffs and defendants. Working under the rules of court or of arbitration, and often with experts, Mr. Picadio and Mr. Spak translate seemingly arcane investment concepts into plain English that courts and juries alike can appreciate. This approach has helped to take some of the emotion out of these cases and to allow the arbitrators or courts to resolve them fairly and, from our clients’ perspective, satisfactorily.

Contact Our Financial Litigation Law Firm Today: Business Litigation. Pittsburgh Strong. ®

For more information, call 412-288-4000 or send our PSMN ® Pittsburgh financial services litigation attorneys an e-mail by completing the contact form on this website.