Skip to main content
Menu Icon Menu Icon
Close
Benjamin B. Klubes
A very cerebral and thoughtful lawyer. He is terrific at solving a problem. Chambers USA

Biography

Over a 25-year career, Benjamin B. Klubes has established himself as one of the nation’s leading financial services and white collar enforcement lawyers. A Co-Managing Partner of Buckley Sandler LLP since its inception, Mr. Klubes represents financial services companies in federal and state enforcement agency investigations, examinations, and litigation, as well as in private civil and class action litigation. He also conducts corporate internal investigations and represents companies and individuals in criminal and civil enforcement matters, including multinational investigations relating to the Foreign Corrupt Practices Act (FCPA).

Mr. Klubes has a robust enforcement and litigation practice representing bank and non-bank financial institutions in investigations and examinations by the Consumer Financial Protection Bureau (CFPB), Department of Justice (DOJ), Federal Trade Commission (FTC), Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), state attorneys general, and financial regulators, as well as in private class action litigation involving the Fair Housing Act (FHA), Equal Credit Opportunity Act (ECOA), Civil Rights Act, unfair and deceptive trade practices statutes, and privacy law claims.

He has represented a variety of mortgage lenders, mortgage servicers, and automobile lenders in enforcement, regulatory, and class action proceedings arising from the financial crisis, including matters involving the False Claims Act (FCA) and the Financial Institutions Reform Recovery and Enforcement Act (FIRREA). Mr. Klubes has assisted in the implementation of fair and responsible lending and anti-mortgage fraud compliance programs for numerous financial institutions, and developed programs for FCPA and Bank Secrecy Act (BSA)/anti-money laundering (AML) compliance. He represents corporations and individuals in criminal and related civil enforcement matters, including FCPA, BSA, and criminal FCA actions.

Representative matters include:

  • Representation of three top-20 banks (US Bank, Regions Bank and, BB&T) in separate successful resolutions of FCA investigations concerning FHA lending, reaching agreements with the DOJ, various U.S. Attorneys’ Offices,  and HUD, totaling approximately $335 million that included no admissions of liability, no administrative sanctions, no prospective reliefs, and a settlement payment in one case that was the lowest amount paid by any bank in this type of matter
     
  • Representation of Flagstar Bank in the first CFPB enforcement action regarding the CFPB’s mortgage servicing rules that resulted in an administrative consent order settlement for $37.5 million relating to default servicing loss mitigation practices
     
  • Representation of several major bank and non-bank mortgage and automobile lenders in connection with CFPB and DOJ fair lending examinations and investigations, resulting in multiple non-public supervisory resolutions
     
  • Mayor and City Council of Baltimore v. Wells Fargo Bank, N.A. (D. Md. 2008) — Obtained repeated dismissals of a FHA action by the City against Wells Fargo

Mr. Klubes also represents corporations and individuals in criminal and related civil enforcement matters, including FCPA, BSA, and criminal FCA actions:

  • Representation of Universal Entertainment Corporation, a large Japanese gaming company, and its subsidiary Aruze USA, Inc. in FCPA-related litigation brought by Wynn Resorts, Ltd, involving multi-billion dollar claims and related parallel matters
     
  • Representation of a Chief Executive Officer in a multi-jurisdictional investigation by the DOJ including potential FCPA violations and United Kingdom's Serious Fraud Office for alleged violation of the Prevention of Corruption Act of 1906

Mr. Klubes was ranked by Chambers USA (2010-2016) as a leading lawyer in Financial Services Regulation: Consumer Finance (Litigation) and in Financial Services Regulation: Banking (Enforcement & Investigations), where clients noted he is "a truly outstanding lawyer with very good judgment" who is “a very cerebral and thoughtful lawyer… He is terrific at solving a problem.”  Mr. Klubes has been recognized in Legal 500 (2015) for Financial Services Litigation and White Collar Criminal Defense. He has been repeatedly recognized as an exceptional attorney by Best Lawyers in America for Criminal Defense: White Collar (2010-2016) and Banking and Finance (2014-2016). He has also been recognized by Super Lawyers (2010-2016) for Banking. Mr. Klubes is a former Barrister in the Edward Bennett Williams Inn of Court, and in 2016, he was named a Fellow of the American College of Consumer Financial Services Lawyers. He serves as a board member on the Washington Lawyers’ Committee for Civil Rights and Urban Affairs.

Mr. Klubes is a co-author of Consumer Financial Services, a leading treatise in the area, and has written numerous articles on a wide range of legal topics. He is a frequent speaker on enforcement, litigation, examination, and compliance issues regarding the consumer financial services industry.

Prior to joining Buckley Sandler, Mr. Klubes was a Partner at Skadden, Arps, Slate, Meagher & Flom LLP, and served as an Assistant Independent Counsel from 1995 through 1997. He received his J.D. from Harvard University and his B.A. from The George Washington University.

A very cerebral and thoughtful lawyer. He is terrific at solving a problem. Chambers USA

Webcasts & Speaking Engagements

In The News

Articles & Special Alerts

Awards and Recognitions

Awards & Recognitions

  • Best Lawyers 2017: Banking and Finance Law, Criminal Defense - White-Collar
  • Legal 500 2016: Recognized in the Finance - Financial Services: Litigation and Litigation - White Collar Criminal Defense practice areas
  • Chambers USA 2016: Band 2, Financial Services Regulation: Consumer Finance (Litigation); Band 3, Financial Services Regulation: Banking (Enforcement & Investigations)
  • Super Lawyers 2016: Banking, Class Actions/Mass Torts, Criminal Defense: White Collar
  • Chambers USA 2015: Band 3, Financial Services Regulation: Banking (Enforcement & Investigations); Band 2, Financial Services Regulation: Consumer Finance (Litigation)
  • Legal 500 2015: Recognized in the Finance - Financial Services: Litigation and Litigation - White Collar Criminal Defense practice areas
  • Fellow, American College of Consumer Financial Services Lawyers
  • Former Barrister, Edward Bennett Williams Inn of Court
  • Member, Steering Committee of the English-American Litigation Forum
  • Best Lawyers 2016: Banking and Finance Law, Criminal Defense - White Collar
  • Super Lawyer 2015: Banking, Class Action/Mass Torts, Criminal Defense: White Collar
  • Best Lawyers 2015: Banking and Finance Law, Criminal Defense - White Collar
  • Chambers USA 2014: Band 3, Financial Services Regulation: Banking (Enforcement & Investigations); Band 2, Financial Services Regulation: Consumer Finance (Litigation)
  • Legal 500 2014: Recognized in the Finance - Financial Services: Litigation and Litigation - White Collar Criminal Defense practice areas
  • Super Lawyers 2014: Banking, Class Action/Mass Torts, Criminal Defense (White Collar)
  • Best Lawyers 2014: Banking and Finance Law, Criminal Defense - White Collar
  • Chambers USA 2013: Band 3, Financial Services Regulation: Banking (Enforcement & Investigations); Band 3, Financial Services Regulation: Consumer Finance (Litigation)
  • Super Lawyers 2013: Banking, Class Action/Mass Torts, Criminal Defense (White Collar)
  • Best Lawyers 2013: Criminal Defense - White Collar
  • Chambers USA 2012: Band 3, Financial Services Regulation: Banking (Enforcement & Investigations)
  • Super Lawyers 2012: Banking, Class Action/Mass Torts, Criminal Defense (White Collar)
  • Washingtonian's Best Lawyers List 2012: Star of the Bar (Banking and Financial Services)
  • Best Lawyers 2012: Criminal Defense - White Collar
  • Chambers USA 2011: Band 3: Financial Services Regulation: Banking (Enforcement & Investigations)
  • Super Lawyers 2010-2011: Banking
  • Best Lawyers, 2010-2011
  • Chambers USA 2010: Band 3, Financial Services Regulation: Banking (Enforcement & Investigations)
  • DC's Top Financial Services Lawyers list, Washingtonian magazine, Dec. 2009
  • Outstanding Achievement Award by the Washington Lawyer's Committee for Civil Rights and Urban Affairs in June 2004

Education

  • J.D., Harvard University, 1990 (magna cum laude)
  • B.A., George Washington University, 1987 (summa cum laude)

Admissions

  • District of Columbia
  • Maryland
  • U.S. District Court, District of Columbia
  • U.S. District Court, District of Maryland
  • U.S. Court of Appeals for the Sixth Circuit
  • U.S. Court of Appeals for the District of Columbia Circuit
  • U.S. Supreme Court

Government Service

    • Assistant Independent Counsel (In re Michael Epsy)

Save Biography as PDF