Santa Monica Partner Doug Thompson addressed the continuing evolution of TILA (Truth in Lending Act) at the American Conference Institute’s 9th Annual Conference on Consumer Finance Class Actions & Litigation, held recently at the Millennium UN Plaza Hotel in New York. His presentation addressed the latest amendments to TILA and how new regulations will affect lenders and litigators in the home mortgage and credit card space. In addition, Thompson commented on a variety of recent class action case rulings involving TILA and outlined practical tips for risk awareness and mitigation.

Each year, the Consumer Finance Class Actions & Litigation Conference brings together leading outside and in-house counsel in the consumer finance industry to provide insights and strategies for clients in this complex arena. Participants gain up-to-date knowledge on emerging claims and obtain information on rolling out the most strategic defenses. A number of federal and state court judges, two state Attorneys General and other top industry specialists also attended.

Thompson focuses his practice on defending financial institution clients against consumer financial services class action litigation and complex transaction-level litigation. He has experience in defending clients in various federal and state courts against putative nationwide and statewide class action matters asserting violations of lending regulations and other consumer protection statutes. Prior to joining the firm, Thompson served as managing director and general counsel of litigation for Countrywide Financial Corporation, where he headed the litigation department and managed the company’s nationwide litigation portfolio.