Grant & Eisenhofer P.A.
HeadquartersWilmington, Delaware
No. of offices4
No. of attorneys70
No. of employees150
Date founded1997
FoundersStuart M. Grant and Jay W. Eisenhofer
Websitehttps://www.gelaw.com

Grant & Eisenhofer P.A. (also known as G&E) is an American plaintiffs' law firm.

History

The founding partners commenced their legal careers as litigators in Skadden Arps Slate Meagher & Flom's Wilmington office. They left Skadden together to join Philadelphia-based law firm Blank Rome Comisky & McCauley. During their time there, Grant and Eisenhofer acted as resident litigation partners.[1]

In 1997, they founded Grant & Eisenhofer P.A. Eisenhofer has stated that they decided to switch from corporate defense to exclusively representing plaintiffs because "they wanted to be on the side of the good guys."[2]

Stuart Grant argued the provisions of the PSLRA which allowed an institutional investor to act as lead plaintiff in securities class action cases.[3] In this case, Gluck et al. v. Cellstar, The State of Wisconsin Investment Board was lead plaintiff and G&E was appointed lead counsel. The class recovered 56% of their losses.[4] In 2000, the Kansas Public Employees Retirement System filed a suit against Digex, in which G&E was lead counsel for the plaintiff.[5] The case settled in 2001 for $420 million.[6] In 2004, Grant & Eisenhofer was recognized by Pensions & Investments magazine for "a hallmark in corporate governance" regarding the settlement in which HealthSouth's board of directors was completely replaced.[7] Firm partners Jay Eisenhofer and Michael Barry co-authored the Shareholder Activism Handbook in 2005. The handbook is a guide for shareholders on matters relating to shareholder activism.[8]

In 2014, the firm was reported to have been a major donor to state attorneys general associations, candidates, state party committees, and attorneys general running for governor.[9]

References

  1. ↑ "Grant & Eisenhofer P.A., Our History". Gelaw.com. Archived from the original on 2011-07-11. Retrieved 2011-08-08.
  2. ↑ The Lead Plaintiff Provisions of the PSLRA After a Decade or "Look What's Happened to My Baby"
  3. ↑ "Widener Law School, Stuart Grant Profile". Law.widener.edu. Archived from the original on 2012-07-09. Retrieved 2011-08-08.
  4. ↑ "SEC Info Digex Inc". Secinfo.com. Retrieved 2011-08-08.
  5. ↑ "The New York Times, Settlement in WorldCom Deal is Approved". The New York Times. 2001-04-07. Retrieved 2011-08-08.
  6. ↑ Stanford Law School Securities Class Action ClearingHouse, 2004 News and Press Releases, HealthSouth Settlement "Archived copy". Archived from the original on 2010-04-16. Retrieved 2009-07-30.{{cite web}}: CS1 maint: archived copy as title (link)
  7. ↑ "Aspen Publishers, Shareholder Activism Handbook". Aspenpublishers.com. 2010-11-17. Retrieved 2011-08-08.
  8. ↑ "Political Gifts from Plaintiffs' Lawyers". The New York Times. 18 December 2014. Retrieved 26 October 2021.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.