Dycus_Jamie

Jamie Dycus

Jamie Dycus represents financial institutions and other commercial clients in a wide variety of complex litigation, regulatory and enforcement matters. 

In his litigation practice, Mr. Dycus represents clients in high-stakes matters in federal and state trial and appellate courts as well as in arbitration proceedings. He has handled numerous large class actions and commercial disputes for banks, broker-dealers, trading firms and other clients subject to claims under federal and state banking, antitrust, consumer protection and securities laws, RICO, the Commodity Exchange Act, and the Truth in Lending Act, as well as a wide variety of contract and tort claims. 

In his regulatory and enforcement practice, Mr. Dycus has represented financial institutions in many public and non-public CFPB, OCC, FDIC and other supervisory and enforcement matters. His experience spans a wide range of issues, including consumer deposits, overdraft services, remittances, prepaid cards, home lending, small-dollar lending, credit cards, credit reporting, anti–money laundering requirements and wholesale wire transfers. Mr. Dycus also frequently counsels financial institutions concerning compliance with consumer financial law.

Mr. Dycus has an active pro bono practice. He has represented individual clients in numerous immigration matters involving claims for relief from removal and family reunification issues and has participated on behalf of amici in trial and appellate immigration-related matters addressing restrictions on asylum-seeking, pretrial detention and jurisdiction over habeas challenges. He has also participated on behalf of amici in criminal law matters, including matters in the US Supreme Court addressing police practices and the doctrine of qualified immunity.

Prior to joining WilmerHale, Mr. Dycus clerked for the Honorable Reena Raggi of the US Court of Appeals for the Second Circuit and the Honorable Raymond J. Dearie of the US District Court for the Eastern District of New York. Mr. Dycus was also previously a Liman Fellow in the Racial Justice Program of the American Civil Liberties Union.

Experience

  • Litigation Highlights

    • Representing a large international financial institution in multi-district litigation concerning alleged manipulation of USD LIBOR, including dozens of class and individual actions alleging antitrust, securities, RICO, CEA, fraud and other claims
    • Representing a large international financial institution in connection with multiple putative class actions asserting antitrust, RICO, CEA and common law claims based on alleged manipulation of Yen LIBOR
    • Representing a large international financial institution in connection with a putative class action asserting antitrust, RICO, CEA and common law claims based on alleged manipulation of the Australian Bank Bill Swap Rate
    • Obtained dismissal with prejudice of putative class actions asserting antitrust, RICO, CEA and common law claims against a large international financial institution based on alleged manipulation of the ICE LIBOR benchmark, Swiss franc LIBOR, the Singapore Interbank Offered Rate, Euribor and GBP LIBOR
    • Obtained dismissal with prejudice of contract, fraud and other claims asserted by commercial borrowers against an international financial institution and its national and state bank affiliates arising from alleged misrepresentations related to USD LIBOR, then successfully defended the dismissal before the Second Circuit
    • Obtained dismissal with prejudice of contract, fraud and other claims asserted by commercial borrowers against an international financial institution and its national and state bank affiliates arising from alleged misrepresentations related to USD LIBOR, then successfully argued in defense of the dismissal to the Third Circuit
    • Obtained dismissal with prejudice of a putative class action asserting antitrust, RICO, CEA and common law claims against a large international financial institution based on alleged manipulation of the Canadian Dollar Offered Rate
    • Representing a high-frequency trading and technology company in connection with civil litigation alleging a spoofing scheme to manipulate futures markets
    • Representing a national bank in connection with civil litigation arising out of alleged facilitation of a pyramid scheme
    • Representing a multinational commodity trading company in a putative class action alleging violations of federal securities law
    • Represented a large international financial institution in connection with FINRA arbitration alleging misconduct in relation to foreign exchange transactions
    • Represented a national bank in multiple putative class actions asserting federal and state law claims related to payroll cards and debit cards used for government payments
    • Represented a national bank in multiple putative class actions asserting state statutory and
      common law claims based on alleged deficiencies in a retail coin-counting service
    • Obtained dismissal of federal and state securities law claims against a large broker-dealer in connection with alleged market-making of unregistered securities
    • Represented a national bank in connection with a putative class action concerning overdraft fees and transaction posting order
    • Obtained dismissal of a putative class action asserting against a credit card issuer based on alleged violations of the Truth in Lending Act
  • Regulatory and Enforcement Highlights

    • Represented financial institutions in enforcement actions related to consumer deposits, overdraft practices, credit card add-on products, credit reporting, small-dollar lending and prepaid cards
    • Assisted clients with responding to government subpoenas, civil investigative demands, 15-day letters, Proposed Action Response Requested (PARR) letters, and Notice and Opportunity to Respond and Advise (NORA) letters
    • Counseled multiple national banks and credit card issuers concerning compliance with UDAP/UDAAP prohibitions and state consumer protection laws
    • Counseled multiple financial institutions concerning compliance with the overdraft and error resolution requirements of the Electronic Fund Transfer Act and Regulation E
    • Counseled multiple financial institutions concerning requirements governing international consumer remittances and wholesale wire transfers, including the Electronic Fund Transfer Act, Regulation E, the Uniform Commercial Code and network rules
    • Counseled a large national bank concerning regulatory requirements for prepaid cards and other similar consumer and commercial payment solutions
    • Counseled multiple financial institutions concerning branching and exportation of interest rates under the National Bank Act
    • Counseled a large international financial institution concerning establishment of a commercial cash management business
    • Counseled a large participant in the Paycheck Protection Program concerning development of applicable policies and procedures
  • Pro Bono Highlights

    • Represented individual clients in immigration and related proceedings in the New York, Newark and Los Angeles Immigration Courts and in US district court
    • Co-authored multiple briefs to the US Supreme Court and the Tenth Circuit on behalf of legal scholars acting as amici in support of challenges to the qualified immunity doctrine
    • Co-authored a brief to the US Supreme Court on behalf of legal scholars acting as amici in a Suspension Clause challenge to denial of habeas corpus review to a person in immigration proceedings
    • Co-authored a brief to the US Supreme Court on behalf of legal scholars acting as amici in support of a challenge to the 2017 Executive Order banning entry to the United States by noncitizens from predominantly Muslim countries
    • Co-authored a brief to the Ninth Circuit on behalf of retired immigration judges acting as amici in support of a challenge to lengthy pretrial detention of persons in immigration proceedings
    • Co-authored a brief on behalf of legal scholars acting as amici in support of a challenge to family separation practices at the US-Mexico border
    • Co-authored a brief on behalf of members of Congress acting as amici in support of a challenge to arbitrary limitations on asylum seekers at the US-Mexico border
    • Successfully argued to the Sixth Circuit and litigated on remand in US district court in a First Amendment lawsuit brought by a federal prison inmate
    • Co-authored a brief to the US Supreme Court on behalf of a cross-ideological group of non-profit organizations acting as amici in a Fourth Amendment challenge to police practices

Insights & News

Credentials

  • Education

    • JD, Yale Law School, 2006

      Editor, Yale Law Journal
    • MFA, Creative Writing, University of Iowa Writer’s Workshop, 1999

    • MA, Secondary Education, University of Mississippi, 1997

    • BA, with Distinction, Stanford University, 1993

      Phi Beta Kappa

  • Admissions

    • New York

  • Clerkships

    • The Hon. Reena Raggi, US Court of Appeals for the Second Circuit, 2009 - 2010

    • The Hon. Raymond J. Dearie, US District Court for the Eastern District of New York, 2006 - 2007

Credentials