For more than 20 years, Mr. Raman has represented financial institutions in connection with their most complex and significant government investigations, class action litigation, enforcement, regulatory and administrative actions. He repeatedly has been ranked in Band 1 in Chambers USA: America’s Leading Lawyers for Business, where he is described “as one of the industry’s finest civil litigators and a sought-after expert on issues that dominate the consumer finance space.”
Mr. Raman’s work has spanned the entire range of consumer financial services issues, and has involved some of the most significant matters in the field, including numerous representations in the areas of fair lending; unfair, deceptive and abusive acts or practices; subprime lending; automobile finance; credit reporting; mortgage fraud; redlining; credit card practices; and mortgage loan servicing.
Mr. Raman has been recognized in Chambers for being “highly valued for the way in which he can ... go to the next level and think creatively about additional strategies,” for his “breadth of experience dealing with financial services matters and with regulators at a very high level,” and for providing “world-class customer service.” He also has been selected as a BTI Client Service All-Star.
In addition to representing clients in litigation and administrative enforcement matters with the U.S. Department of Justice (DOJ), Consumer Financial Protection Bureau (CFPB), federal and state bank regulatory agencies and state attorneys general, Mr. Raman has an active practice counseling financial institutions and service providers on fair lending and compliance matters.
Mr. Raman, whose undergraduate degree is in statistics, has extensive experience in the statistical review and analysis of lending and servicing data. He has published articles on topics including artificial intelligence and machine learning algorithms, social media and marketing, and compliance risk management. He also is experienced in the fields of e-gaming and payment processing, and advises individuals and companies in connection with these issues and with tax evasion, fraud and false statement, and other criminal investigations and prosecutions by the DOJ.
Mr. Raman is a fellow in the American College of Consumer Financial Services Lawyers.