Gary S. Caplan
Gary is a member of the Financial Industry Group, practicing in the area of Financial Services Litigation. Gary's commercial litigation practice focuses on individual and class actions in the consumer financial services and securities areas. He also has broad experience in general commercial and other complex litigation. Gary has defended numerous class action cases across the country at trial and in appellate courts.
Representative Matters
Won summary judgment and defeated class certification in a class action against a national credit card issuer in case involving allegations of bankruptcy reaffirmation fraud. Prevailed on appeal in the Seventh Circuit.
Successfully represented a variety of national mortgage lenders in numerous class action and individual suits involving TILA, mortgage fraud and foreclosure issues.
Defeated class certification in a TILA class action against a national credit card issuer in a case involving allegations of improper increases in interest rates.
Won motion to dismiss class action against national credit card issuer in case involving alleged misrepresentations regarding fee-based services.
Successfully defended numerous federal securities fraud class actions, including obtaining a defense verdict in a federal jury trial.
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Publications
- "How to Defend A Consumer Class Action Without Breaking the Bank," In-House Litigator, ABA Journal of the Committee on Corporate Counsel, Vol. 22, No. 2 (Winter 2008)
- Author, 2010 Illinois Institute for Continuing Legal Education, Class Actions, Chapter 6, Provide Notice of a Class Action.
- March 2007, "Recent Federal Court Decision on Scope of TILA Concerns for Lenders Offering Adjustable Rate Mortgages."
Speeches / Presentations
- Speaker, ACI Conferences on Consumer Financial Services Class Actions, lecturing on various topics on financial services class action litigation.
Experience
| 2007 | Reed Smith |
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| 1987 | Sachnoff & Weaver (combined with Reed Smith in 2007) |
Legal Education
| 1988 | J.D., Northwestern University School of Law |
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| — | Journal of Criminal Law and Crimonology, Editor |
Undergraduate Education
| 1985 | B.A., The University of Illinois at Urbana-Champaign |
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Professional Affiliations
- Board Member, Past Chairman and Founder of Scholarship Chicago, a non-profit scholarship organization that helps eliminate barriers to collegiate success for underserved Chicago students.
- Recipient of the Chicago Bar Association’s Abraham Lincoln Marovitz Lend-A-Hand Program Making a Difference Award for his vision and significant contributions in helping Chicago-area students attend and succeed in college and beyond through Scholarship Chicago, an organization he helped found in 1996
- Member, American Bar Association