Jarrod D. Shaw Partner

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Jarrod is co-chair of the Ponzi Litigation team and is a member of McGuireWoods’ Financial Services Litigation group representing clients in complex litigation and class actions. Jarrod focuses his practice on banking and consumer financial services industries while also serving a broader array of clients in complex litigation.

Banking and Financial Services Litigation

Jarrod has significant experience litigating on behalf of clients in the financial services industry, particularly areas involving consumer and financial services. Jarrod has defended numerous credit card issuers, national banks, vehicle finance companies and financial institutions in putative class actions across the country litigating them through class certification and, when warranted, settling cases on a class-wide basis. Jarrod’s experience includes litigating consumer finance claims (FCRA, TCPA, FDCPA, UCC), allegations of improper fees and conduct representing clients in adversary proceedings in bankruptcy court alleging violations of discharge injunctions.

Jarrod also focuses on representing major financial institutions in Ponzi scheme and financial fraud cases involving some of the largest Ponzi schemes in the country. This work involves internal investigations through litigation brought on behalf of individuals, bankruptcy trustees and receivers seeking to hold banks liable for victim’s losses or seeking to recover fraudulent transfers. Jarrod helped to launch and is a frequent author on McGuireWoods’ Ponzi Perspectives blog.

Jarrod also works with private equity firms to counsel them on acquisition-related due diligence issues, including potential fraud, and initiating litigation to recover losses as a result any improper conduct. Jarrod has also assisted management companies in connection with fee disputes resulting from transactions or termination of management fee agreements. Through those relationships, he also assists equity firms in defending and pursuing litigation on behalf of their portfolio companies.

General Commercial Litigation Practice

Jarrod maintains a broad complex commercial litigation practice representing a wide range of industries. Through this practice, Jarrod has handled complex business disputes, including both the defense and prosecution of high-stakes restrictive covenant and trade secret matters, breach of fiduciary duty claims, unfair trade practices and RICO claims.

Jarrod also values service in the community and in 2016 he was appointed to serve on Pennsylvania’s Early Learning Investment Commission. He is a graduate of Leadership Pittsburgh and has significant pro bono experience litigating and taking to trial a prisoner right’s case.

Experience

  • Defense of numerous banks in class action and multi-plaintiff cases across the country alleging that the banks were liable for Ponzi scheme losses.  Some representative examples include the Rothstein Ponzi Scheme in Florida, In re TelexFree Secs. Litig., 2019 U.S. Dist. LEXIS 13681 (D. Mass), NCA Inv’rs Liquidating Tr. v. TD Bank, N.A., 2019 Bankr. LEXIS 3632 (Bankr. D. Del.)
  • Defense of merchant services processers in litigation relating to credit card processing, including class actions relating to allegedly improper fees, theft and chargebacks.
  • Handled numerous consumer class action and individual TCPA cases for clients across the country.
  • Defense of credit furnishers in class actions and individual cases alleging FCRA violations
  • Representation of banks in bankruptcy adversary proceeding where the banks are alleged to violate bankruptcy discharge orders because of credit reporting.
  • Representation of multiple vehicle finance companies facing class actions related to violation of various state and federal consumer protection laws, including “letter cases,” improper fees and failure to disclose fees.
  • Obtained injunction and prosecuted claims against client’s employees for misappropriation of trade secrets and tortious interference with contractual relations.
  • Defense of technology client in connection with multi-case litigation alleging defamation and RICO violations, including obtaining summary judgment on behalf of the client.
  • Co-counsel for technology client in an investigation initiated by the United States House of Representatives Committee on Oversight and Government Reform.