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Steve Farrelly's practice focuses on the litigation needs of large financial institutions. In addition to litigating disputes regarding the valuation of structured financial products, he has counseled clients on common law fraud and breach of contract claims arising out of mortgage-backed securities transactions and other financial products. Recently, he assisted a client in defending against claims arising from the subprime mortgage crisis.Steve takes a keen interest in the rapidly evolving regulatory environment. He has counseled banks on changes in their compliance and reporting policies as a result of Dodd-Frank and other regulatory developments.