Title: Managing Director
Phone: (646) 722-8505
Villanova University School
of Law, J.D., magna cum laude,
Order of the Coif (1986)
University of Pittsburgh, B.A. (1978)Admissions:
Delaware, New York, Pennsylvania, New Jersey, Supreme Court of the State of Delaware, U.S. Court of Appeals for the 1st Circuit, U.S. Court of Appeals for the 2nd Circuit, U.S. Court of Appeals for the 3rd Circuit, U.S. Court of Appeals for the 5th Circuit, U.S. Court of Appeals for the 9th Circuit, U.S. Court of Appeals for the 10th Circuit, U.S. District Court for the District of DE, U.S. District Court for the Southern District of NY, U.S. District Court for the Eastern District of PA, U.S. District Court for the District of NJ
Jay Eisenhofer, co-founder and managing director of Grant & Eisenhofer P.A., has been counsel in more multi-hundred million dollar cases than any other securities litigator, including the $3.2 billion settlement in the Tyco case, the $895 million United Healthcare settlement, the $450 million settlement in the Global Crossing case, the historic $450 million pan-European settlement in the Shell case, as well as a $400 million settlement with Marsh & McLennan, a $303 million settlement with General Motors and a $300 million settlement with DaimlerChrysler. Mr. Eisenhofer was also the lead attorney in the seminal cases of American Federation of State, County & Municipal Employees, Employees Pension Plan v. American International Group, Inc., where the U.S. Court of Appeals required shareholder proxy access reversing years of SEC no-action letters, and Carmody v. Toll Brothers, wherein the Delaware Court of Chancery first ruled that so-called "dead-hand" poison pills violated Delaware law.
Mr. Eisenhofer has served as litigation counsel to many public and private institutional investors, including, among others, California Public Employees Retirement System, Colorado Public Employees Retirement Association, the Florida State Board of Administration, Louisiana State Employees Retirement System, the Teachers' Retirement System of Louisiana, Ohio Public Employee Retirement Systems, State of Wisconsin Investment Board, American Federation of State, County & Municipal Employees, Service Employees International Union, Amalgamated Bank, Lens Investment Management, Inc. and Franklin Advisers, Inc.
Mr. Eisenhofer is consistently ranked as a leading securities and corporate governance litigator and he has been named by Lawdragon to its list of the top 500 lawyers in America for the past two years. The National Law Journal has selected Grant & Eisenhofer as one of the top ten plaintiffs' law firms in the country for the last eight years, earning the firm a place in The National Law Journal's Plaintiffs' Firms Hall Of Fame.
Mr. Eisenhofer has written and lectured widely on securities fraud and insurance coverage litigation, business and employment torts, directors' and officers' liability coverage, and the Delaware law of shareholder rights and directorial responsibilities. Among the publications he has authored: "The Shareholders Activism Handbook" Aspen Publishers; "Proxy Access Takes Center Stage - The Second Circuit's Decision in AFSCME Employees Pension Plan v. American International Group, Inc." Bloomberg Law Reports, Vol. 1, No. 5; "Investor Litigation in the U.S. - The System is Working" Securities Reform Act Litigation Reporter, Vol. 22, #5; "In re Walt Disney Co. Deriv. Litig. and the Duty of Good Faith Under Delaware Corporate Law" Bank & Corporate Governance Law Reporter, Vol. 37, #1; "Institutional Investors As Trend-Setters In Post-PSLRA Securities Litigation" Practicing Law Institute, July, 2006; "In re Cox Communications, Inc.: A Suggested Step in the Wrong Direction," Bank and Corporate Governance Law Reporter, Vol. 35, #1; "Does Corporate Governance Matter to Investment Returns?" Corporate Accountability Report, Vol. 3, No. 37; "Loss Causation in Light of Dura: Who is Getting it Wrong?" Securities Reform Act Litigation Reporter, Vol. 20, #1; "Giving Substance to the Right to Vote: An Initiative to Amend Delaware Law to Require a Majority Vote in Director Elections," Corporate Governance Advisor, Vol. 13, #1; "An Invaluable Tool in Corporate Reform: Pension Fund Leadership Improves Securities Litigation Process," Pensions & Investments, Nov. 29, 2004; and "Securities Fraud, Stock Price Valuation, and Loss Causation: Toward a Corporate Finance-Based Theory of Loss Causation," Business Lawyer, Aug. 2004.
Mr. Eisenhofer serves as a member of the Board of the American Constitution Society and the Anti-Defamation League. He is a graduate of the University of Pittsburgh, and a 1986 magna cum laude graduate of Villanova University School of Law, Order of the Coif. He was a law clerk to the Honorable Vincent A. Cirillo, President Judge of the Pennsylvania Superior Court and thereafter joined the Wilmington office of Skadden Arps Slate Meagher & Flom. Mr. Eisenhofer was a partner in the Wilmington office of Blank Rome Comisky & McCauley until forming Grant & Eisenhofer P.A. in 1997.