Overview
Christopher Leach is a litigation partner in Golden Flag’s Washington, D.C., office. As a former attorney with the U.S. Federal Trade Commission (FTC), his practice focuses on consumer-facing issues, including data privacy, false advertising, marketing practices and other aspects of customer acquisition. He represents and advises clients in a broad range of industries, including the fintech, financial services, food and beverage, automotive and telecommunications industries, defending those companies in litigation, before government agencies and in self-regulatory proceedings such as the National Advertising Division (NAD).
As a lawyer in the FTC’s Division of Financial Practices, Christopher investigated and litigated consumer protection enforcement actions and developed enforcement policy. His relevant areas of experience include fintech, cryptocurrency, consumer financial data privacy, gig economy, fair lending and consumer telecommunications. He worked on some of the agency’s most visible fintech actions, including active litigation against FleetCor Technologies, Inc. and its CEO for deceptive advertising and charging customers hundreds of millions of dollars in unauthorized fees through its B2B payment system; a $10 million settlement with Yellowstone Capital in connection with the company’s merchant-cash-advance practices; and advised on cryptocurrency issues.
Experience
Representative Matters
FTC Consumer Protection Matters
- Represented US company selling automotive products in FTC investigation related to Made in USA claims.
- Represented service providers in major multi-level marketing company in FTC investigation.
- Represented gig-economy platform in FTC investigation related to earnings claims and Business Opportunity Rule.
- Represented trading platform in connection with FTC order compliance.
- Represented digital healthcare marketplace operator in investigations related to compliance with FTC order.
- Represented for-profit education company in FTC investigation related to advertising and telemarketing practices.
- Represented international technology company before FTC in connection with investigation into advertising and telemarketing practices.*
- Represented cryptocurrency company in FTC investigations related to advertising and fraud prevention.*
- Represented SaaS provider in connection with multiple state AG and FTC investigations related to customer activities.*
- Represented automotive company before the FTC in connection with data privacy and right-to-repair issues.*
- Represented industry group in connection with rulemaking on automotive sales.*
- Represented social media company in suit by privacy group under the Freedom of Information Act to obtain confidential documents produced to the FTC.*
Advertising Disputes
- Represented consumer cooking oil manufacturer in dispute with competitor before National Advertising Division related to purity claims.
- Represented telecommunications company before National Advertising Division in connection with alleged deceptive advertising.*
Consumer Protection Counseling
- Advise companies in connection with potential acquisitions and deal diligence.
- Advise international technology company on automatic renewal laws.
- Advised social media company regarding privacy issues.
- Counseled pharmaceutical manufacturer on health privacy issues.
- Counseled direct marketing companies regarding earnings claims and advertising compliance.
- Advised online retailer regarding pricing and advertising practices.*
- Counseled major consumer brand regarding warranty practices.*
Consumer Litigation
- Defended social media company in litigation brought by class action plaintiffs and government entities relating to alleged data misuse by a third party. Claims included the Stored Communications Act, the Wiretap Act, the Video Privacy Protection Act, various state consumer protection statutes and common law privacy torts.*
- Defended social media company in suit brought by the Irish Data Protection Commissioner to prohibit data transfers from the EU to the United States under the EU’s GDPR (and predecessor statute). The matter involved a seven-week trial in the Irish High Court and an appeal to the Court of Justice for the European Union.*
- Defended food and beverage company in the Ninth Circuit appeal against alleged violations of the Alien Tort Statute, arguing a position that ultimately succeeded before the U.S. Supreme Court.*
- Defended food and beverage company in multidistrict litigation against class action claims that the company deceptively marketed food products made with genetically modified corn as “all natural.”*
- Defended food and beverage company in class action suit alleging that “sustainable” representation was misleading in light of labor practices in supply chain.*
Other Government Litigation
- Defended prison contractor against suit brought by the Mississippi Attorney General in connection with an alleged billion dollar bribery scheme in connection with prison contracts.*
- Represented hedge fund manager before the Securities and Exchange Commission in connection with alleged market manipulation.*
- Represented hedge fund in decade-long litigation against the Republic of Argentina for repayment of defaulted bonds.*
Government Experience
- Represented the FTC in enforcement action against B2B payments company FleetCor Technologies, Inc. and its CEO, alleging that the defendants misled consumers and charged hundreds of millions in unauthorized fees. Led summary judgment briefing and the agency’s decision to move the litigation from federal court to administrative court after the Supreme Court ruled that the FTC could not obtain monetary relief for claims under Section 5 of the FTC Act.*
- Represented the FTC in enforcement action against B2B financing company Yellowstone Capital (now Fundry) and its two principals, alleging unfair and deceptive acts and practices with respect to the defendants’ merchant cash advance products. The matter settled for $10 million.*
- Represented the FTC against debt collection firm, Midwest Recovery, alleging violations of the Fair Debt Collection Practice Act and the Fair Credit Reporting Act, among others. The settled complaint also included the first-ever federal charge of “debt parking” or “passive debt collection” in which the collector reports a debt to the consumer reporting agencies before first communicating with the consumer, a practice that the CFPB subsequently outlawed via regulation.*
- Represented the FTC against a car dealership network, alleging discrimination under the Equal Credit Opportunity Act and UDAP violations in connection with mark-ups on vehicle purchases. The case settled for $10 million.*
*Prior to joining Golden Flag
Clerk & Government Experience
Judicial ClerkHonorable Gerald B. TjoflatUnited States Court of Appeals for the Eleventh Circuit2010–2011
Prior Experience
Mayer Brown LLP, 2022–2023
Federal Trade Commission, 2019–2021
Gibson, Dunn & Crutcher LLP, 2011–2019
PRO BONO
More
Thought Leadership
Publications
“A Closer Look At Auto Renewal Risk Post-CFPB Guidance,” Law360, March 17, 2023
“Pratt’s Privacy & Cybersecurity Law Report,” LexisNexis, January 2023
“Calculating FTC Section 19 Monetary Relief After AMG,” Law360, August 15, 2022
“Looking Ahead at the FTC’s Enforcement Agenda,” Bloomberg Law, August 3, 2022
“Fintech & The Federal Trade Commission,” CPI TechREG Chronicle, May 2022
“Prepare For FTC’s Expanded Use of Gramm-Leach-Bliley,” Law360, January 28, 2022
Speaking Engagements
“The CFPB and FTC’s War on ‘Junk Fees’ and What You Need to Know,” May 3, 2023
“Consumer Financial Services Breakfast Briefing: The CFPB and FTC’s War on ‘Junk Fees’ and What You Need to Know,” April 13, 2023
“Navigating US Agency Subpoenas: Tips for a Fintech’s First Time,” April 12, 2023
“The FTC’s Rulemaking on Non-Compete Agreements with Workers: What You Need to Know,” February 8, 2023
“Artificial Intelligence & Financial Services Symposium,” October 27, 2022
“Industry Deep Dive: Insights From Capitol Hill & How the Performance Marketing Industry Can Influence Change, Consent Summit,” October 25, 2022
“FTC and CFPB Priorities for the Auto Industry,” September 29, 2022
“Fair Lending Symposium,” September 20, 2022
“Future of Business Lending,” Lend360, September 13, 2022
“Emerging Issues for Fintech Companies,” September 7, 2022
“2022 OLA Compliance University,” Online Lenders Alliance, July 19–20, 2022
“Investigating Misuse of Cryptocurrency: DOJ and FTC Enforcement Panel,” March 30, 2022
“Managing Compliance Risk in Outsourced Customer-facing Functions,” March 9, 2022
“Understanding the CFPB and FTC in 2022 (and What to Expect Ahead),” March 3, 2022
Podcasts
“Navigating Litigation Challenges in Explainable AI,” Global Financial Markets Podcast, February 2, 2023
“CFPB Update—Constitutional Crisis or Business as Usual?” Global Financial Markets Podcast, December 13, 2022
“Consent Summit Podcast Episode 3 with Christopher Leach of Mayer Brown,” LeadsCon, October 18, 2022
Press Mentions
“Congress or FTC? What About SEC? Where U.S. Federal Privacy Legislation Efforts Stand in 2023,” Compliance Week, February 28, 2023
“The FTC Lost Their Last Republican Commissioner. What Happens Next?” AdExchanger, February 16, 2023
“FTC’s Enforcement Action Against GoodRx Unveiled a New Regulatory Threat. Should Digital Health Apps Be Concerned?” Healthcare Dive, February 13, 2023
“FTC Shows Privacy Heft With Groundbreaking GoodRx Action,” Law360, February 7, 2023
“Commanders Financial Misconduct Investigation Could Be Next for DC Attorney General,” Fox 5 Washington D.C., November 11, 2022
“US Lenders Could Face Less Scrutiny After Ruling on US Watchdog,” Bloomberg Law, October 21, 2022
“6 Key Takeaways for Influencers from Kim Kardashian’s $1.26 Million SEC Settlement — And What it Means for Crypto Marketing,” Business Insider, October 5, 2022
“FTC’s Move to Link Data Privacy With Antitrust Has Attorneys Waiting for Clarity,” Law.com, September 13, 2022
“The FTC And DOJ Are Rewriting The Rules,” Law360, September 6, 2022
“The Rise of the Crypto Hype Men: How Youtubers Are Making Fortunes By Promoting Cryptocurrencies, Making Wild Predictions, and Profiting Off Their Loyal Fans,” Business Insider, August 2022
“Pace of Cryptocurrency Fraud Losses Accelerates in Q1 – FTC,” S&P Global Market Intelligence, June 8, 2022
“The Fed’s New Framework Ages Fast,” Morning Money, Politico, June 7, 2022
“FTC Reports More than $1 Billion Lost to Crypto Fraud Since 2021,” Crowdfund Insider, June 4, 2022
“Cryptocurrency Suits Could Provide Road Map for Litigation Against NFT Marketplaces Exchanges,” Law.com, May 11, 2022
“Commanders Deny Allegations of Financial Misconduct,” Fox 5 Washington D.C., April 18, 2022
Recognition
Credentials
Admissions & Qualifications
- 2018Maryland
- 2012District of Columbia
- 2011New York
Courts
- United States District Court for the District of Columbia
- United States District Court for the District of Maryland
Education
- Duke University School of LawJ.D.magna cum laude2010
Order of the Coif
Duke Law Journal
- Dartmouth CollegeB.A., Governmentsumma cum laude2006Phi Beta Kappa