Mr. Raman has been repeatedly ranked in Chambers USA, and in 2023 was the only lawyer nationwide ranked in Band 1 for both Consumer Finance/Litigation and Consumer Finance/Enforcement & Investigations.
He has been recognized in Chambers “as one of the industry’s finest civil litigators and a sought-after expert on issues that dominate the consumer finance space.” In addition, Mr. Raman has been noted by clients for his “depth of knowledge,” “world-class customer service,” “business-minded approach” and “breadth of experience dealing with financial services matters and with regulators at a very high level.” He also has been selected as a BTI Client Service All-Star and named a leading lawyer for financial services litigation by The Legal 500.
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; credit reporting; unfair, deceptive and abusive acts or practices; debt collection; mortgage pricing; redlining; credit card practices; mortgage loan servicing; and automobile finance.
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 counsels numerous financial institutions and service providers on fair lending and other consumer compliance matters.
Mr. Raman, whose undergraduate degree is in statistics, has extensive experience in the review and analysis of lending and servicing data. He has published articles on topics including fair lending implications of artificial intelligence and machine learning algorithms, social media and marketing, and compliance risk management. He also counsels clients in the fields of e-gaming and payment processing, and advises individuals and companies in connection 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.