Liz Stone focuses her practice primarily in the area of financial services litigation, representing creditors and institutional lenders in both the state and federal courts of North Carolina, with a particular focus on lender liability defense, foreclosure, bankruptcy litigation and related issues arising under ECOA, FDCPA, FCRA, RESPA, TILA, the North Carolina Debt Collection Act and the North Carolina Unfair and Deceptive Trade Practices Act.  Liz’s practice also includes considerable experience litigating cases under the Uniform Commercial Code, to include disputes concerning the enforceability and priority of security interests, negotiable instruments and sale of goods contracts.  Outside of the financial services industry, Liz has developed a complex commercial litigation practice that runs the gamut of trade secrets litigation, software development disputes, class actions and other general commercial litigation matters.

Liz Stone focuses her practice primarily in the area of financial services litigation, representing creditors and institutional lenders in both the state and federal courts of North Carolina, with a particular focus on lender liability defense, foreclosure, bankruptcy litigation and related issues arising under ECOA, FDCPA, FCRA, RESPA, TILA, the North Carolina Debt Collection Act and the North Carolina Unfair and Deceptive Trade Practices Act.  Liz’s practice also includes considerable experience litigating cases under the Uniform Commercial Code, to include disputes concerning the enforceability and priority of security interests, negotiable instruments and sale of goods contracts.  Outside of the financial services industry, Liz has developed a complex commercial litigation practice that runs the gamut of trade secrets litigation, software development disputes, class actions and other general commercial litigation matters.

In addition to her litigation experience, Liz devotes a portion of her practice to the areas of employment law and employment litigation. She has experience defending companies against allegations of discrimination and harassment arising under Title VII and the ADEA, as well as various employment-related actions arising under North Carolina law, including the North Carolina Wage and Hour Act and the North Carolina Retaliatory Employment Discrimination Act. Liz also has experience conducting compliance audits under the FLSA and addressing compliance with the ADA's accessibility requirements.

Liz is licensed to practice in North Carolina and New Hampshire and regularly litigates in both state and federal court. She is admitted to practice before the Fourth Circuit Court of Appeals, all three U.S.. District Courts in North Carolina and the Bankruptcy Court for the Eastern District of North Carolina. Liz is a member of the American Bar Association, the North Carolina Bar Association, the Tenth Judicial District Bar, and the New Hampshire Bar Association. She has been named a "Rising Star" by North Carolina Super Lawyers magazine (2016-present). 

Liz received a Bachelor of Arts degree, with distinction, from the University of North Carolina at Chapel Hill and a Juris Doctor degree, with honors, from the University of North Carolina School of Law.  While in law school, Liz clerked with Judge Martha Geer at the North Carolina Court of Appeals. She served as comments editor of the North Carolina Law Review and received the Gressman-Pollit Award for Excellence in Oral Advocacy. Liz is the author of “Bargain Basement Annexation: How Municipalities Subvert the Intent of North Carolina Annexation Laws,” 29 North Carolina Central Law Journal 77 (2006) and “Tillman Case Could Undermine Arbitration,” Business North Carolina: Law Journal (2008).

  • Represented large regional bank in multi-million dollar deficiency/lender liability action involving more than thirteen individual defendants.  All counterclaims were dismissed, judgment was entered for the client and the defendant’s appeal to the Fourth Circuit Court of Appeals was dismissed.
  • Represented national bank in lender liability action pursued by investors in alleged real estate Ponzi scheme.  After extensive discovery, all claims were settled at no additional cost to the bank.
  • Represented company that purchased assets of a competitor against creditor’s claim of de facto merger.  Summary judgment was granted on behalf of the client in an issue of first impression in N.C.