Andy Sandler | |
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Born | Andrew L. Sandler |
Nationality | American |
Citizenship | United States of America |
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Occupation |
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Organization | Asurity |
Title | Chief Executive Officer & Founder |
Andrew L. Sandler (Andy) is an entrepreneur, business leader, lawyer and investor.
Sandler leads Temerity Capital Partners, his family office based in Washington, D.C. He founded and leads Asurity, a technology company that offers tech-enabled solutions for the mortgage industry with an emphasis on compliance. Because of his work with Asurity, HousingWire named Andy a “Vanguard” in 2019, writing that he is "Undoubtedly one of the biggest names in the housing industry."[1]
Sandler is the Board Chairman of cutting-edge consumer payments company DigitalPay, which provides an enterprise SaaS digital payments platform. Sandler is also a lead investor in many other companies at the intersection of financial services operations and regulatory compliance, including Oliver and Covered. He is also an adviser to Figure, which uses blockchain technology to simplify financial transactions for consumers.[2]
Sandler founded and led Treliant Risk Advisors in 2008, which became one of the nation's preeminent financial services industry regulatory consulting firms. Sandler sold Treliant in 2017.
Sandler has had a distinguished career as a lawyer and law firm leader. Sandler spent 15 years as a partner in Skadden's enforcement and litigation group, where he started and led the firm's consumer financial services enforcement and litigation practice.
He left Skadden to found Buckley Sandler in 2009 and led the firm until 2017.[3] The Washington Post described BuckleySandler as a cutting-edge boutique firm that found its niche "by refusing to play it safe."[4]
Sandler returned to the practice of law in 2019 as a founding partner of Mitchell Sandler,a law firm specializing in financial services, fintech and litigation[5].
For more than a decade, Chambers USA has placed Sandler in its top tier of attorneys in the financial services regulation and consumer finance space. Chambers notes Sandler is "Among the most technically expert and well plugged-in lawyers in the world of consumer finance."[6]
Following his representation of Shawmut Bank in one of the two initial DOJ fair lending enforcement actions in the early 1990's[7], Sandler has handled a significant number of additional DOJ investigations for lenders throughout the last 25 years. Among the most significant of those matters were the Chevy Chase Bank matter described as a "landmark" case in the fair lending space.[8] He also represented Fleet Mortgage[9], First American[10] and many others.
Over this same period Sandler also defended many of the most significant consumer protection enforcement investigations and proceedings brought by federal government agencies including the FTC versus Citigroup and Associates First Capital Corp[11] as well as ones brought by the Consumer Financial Protection Bureau such as Discover Financial,[12] Fifth Third[13] and Verizon.[14]
He represented AmSouth Bank in the first criminal anti money laundering (AML) investigation brought by DOJ[15] and in a number of subsequent AML matter brought by federal banking agencies.
Sandler also has represented lenders in litigation against the FDIC and other federal banking agencies including the landmark Beal Bank case where he and his team recovered $90 million from the FDIC on behalf of the bank[16] and the IndyMac bankruptcy case where Sandler and colleagues successfully defended the Bankruptcy Trustee in defeating an FDIC claim for $55 million.[17] He has been lead defense counsel in well over 50 class action cases brought against banks and mortgage lenders. He defended lenders in a number of investigations by DOJ, federal banking agencies and HUD following the financial crisis. He has represented numerous lenders in lending practices litigation including Wells Fargo, Bank of America and Citigroup.
In 2015 Sandler won the largest settlement ever granted by the United States on behalf of the Navajo Nation. In that case, the Navajo Nation alleged the government had mismanaged its lands for more than 50 years. The suit ended in a $554 million settlement.[18] Public Justice named Sandler a finalist for their "Trial Lawyer of The Year" for his work on this case.[19] Since representing them, Sandler has continued his involvement with the Navajo people, most recently in working with the Cancer Support Community and the Biden Cancer Initiative to fund a chemotherapy clinic for the Navajo Nation.[20]
Presently, Sandler co-leads a lawsuit representing nearly two dozen Minor League Baseball teams against major insurers for failure to pay business interruption insurance owed to them due to the COVID-19 pandemic and subsequent cancellation of the 2020 season. [21]
A lifelong baseball aficionado who played in senior amateur national tournaments into his fifties, Sandler is now the owner of a Minor League Baseball team, the Kannapolis Cannon Ballers which he purchased in 2018.[22] Following his purchase of the team, Sandler worked closely with the City of Kannapolis to develop and build a state-of-the-art downtown baseball stadium.
Sandler and his team at Temerity Baseball are working with development partners and the city to bring more businesses downtown, including a planned hotel project adjacent to the stadium.[23]
According to ESPN, Sandler is the lead member for MiLB's negotiations with Major League Baseball regarding the Professional Baseball Agreement between the two entities.[24]
Sandler and his family have supported social impact entrepreneurs since 2017 through The Global Good Fund. Sandler and his family regularly support entrepreneurs working in the areas of financial access and civic reforms.
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