Stradley Ronon Adds Leading In-House Financial Services Litigator
Stradley Ronon announced that high-profile financial services litigator Joe N. Nguyen has joined the firm as a partner in its Philadelphia office. Nguyen was most recently vice president and assistant general counsel at firm client Ocwen Financial Corporation, one of the country’s largest mortgage companies.
Nguyen has experience in consumer-related litigation matters and class-action defense, as well as extensive first-chair trial work. He managed the Fort Washington, Pennsylvania, office of Ocwen’s litigation group where he was lead in-house counsel for the company’s nationwide class action portfolio and was responsible for the day-to-day strategic management of significant borrower litigation, including class actions and high-exposure single borrower matters. He also advised executive leadership on legal issues and risk management, provided regulatory and compliance advice to internal business clients, and managed internal and government investigations.
In a news release, the firm said:
“Joe’s hiring enhances our financial services litigation practice group and helps to fulfill our strategic goal of adding accomplished lateral hires in the specific areas in which our clients seek counsel,” said Stradley Ronon Chairman William R. Sasso. “Stradley Ronon has long been known for its prowess in the financial services sector and Joe’s experience will help to bolster our strong reputation in this area.”
Prior to joining Ocwen, Nguyen was associate counsel at GMAC ResCap. He also worked at a large international law firm where his financial services litigation and trial practice included state and federal matters as well as arbitration proceedings before the American Arbitration Association and the Financial Industry Regulatory Authority. Nguyen also spent time as a trial lawyer with the Office of the Philadelphia District Attorney.
“I have worked with several Stradley Ronon attorneys over the years and have always been impressed by the firm and its talented attorneys,” said Nguyen. “I am excited to join a group that is committed to providing clients with first-rate, practical legal counsel and delivering results that help their businesses.”
Nguyen is the second lateral hire for Stradley Ronon’s litigation department in the past month. Prominent white-collar defense and government investigations lawyer Michael J. Engle joined the firm in December.
“Joe’s significant financial services litigation experience is a terrific complement to our existing offerings in this area and we are confident our clients will benefit from his skillset,” said Stradley Ronon Litigation Department Chair Michael D. O’Mara.
Stradley Ronon’s litigation group, which was recently named by The Legal Intelligencer as the top litigation department for midsize firms, routinely handles high-risk, high-stakes litigation in a wide array of matters spanning state and federal courts, before governmental agencies, and in international and domestic arbitrations. The firm’s financial services litigation practice represents clients in matters involving nearly every type of consumer and commercial financial product, including litigation arising from the origination and servicing of residential mortgages.
Nguyen was named a 2016 Rising Star by HousingWire and has been recognized as a “Lawyer on the Fast Track” by The Legal Intelligencer and a Rising Star by Pennsylvania Super Lawyers. He received his B.A. from Franklin and Marshall College and his J.D., magna cum laude, from the University of Pittsburgh School of Law.
