Phone: (302) 622-7065
University of Pittsburgh School of
Law, J.D., summa cum laude, Order of the Coif (1993)
Carnegie Mellon University, B.F.A. (1990)Admissions:
Delaware, Pennsylvania, New Jersey, 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 9th Circuit, U.S. District Court for the Eastern District of PA, U.S. District Court for the Middle District of PA, U.S. District Court for the District of CO, U.S. District Court for the District of CT, U.S. District Court for the District of NJ
Michael Barry is a director at Grant & Eisenhofer. His practice focuses on corporate governance and securities litigation, as well as advising clients on SEC matters. As a foremost practitioner in these areas, Mr. Barry has been significantly involved in groundbreaking class action recoveries, corporate governance reforms and shareholders rights litigation.
Mr. Barry has been instrumental in landmark corporate governance cases, including AFSCME v. AIG, where the Court of Appeals for the Second Circuit recognized the right of shareholders to introduce proxy access proposals; Bebchuk v. CA, Inc., which opened the door for shareholders to introduce proposals restricting the ability of boards to enact poison pills; and CA, Inc. v. AFSCME, an historic 2008 decision of the Supreme Court of Delaware regarding the authority of shareholders to adopt corporate bylaws. Mr. Barry's case work also includes, among others, In re Global Crossing Ltd. Securities Litigation, which resulted in a $450 million settlement; a well-publicized derivative litigation action challenging the terms of the Caremark Rx, Inc. and CVS merger that resulted in a $3.2 billion settlement; and litigation between the Chicago Board of Trade and the Chicago Mercantile Exchange, which produced a $485 million settlement. Each of these cases resulted in substantial reforms to the terms of merger agreements to provide increased consideration and structural benefits to shareholders.
Mr. Barry has spoken widely on corporate governance and related matters. In addition to serving as a frequent guest lecturer at Harvard Law School, he speaks at numerous conferences each year. Mr. Barry has authored several published writings, including the Shareholder Activism Handbook, a comprehensive guide for shareholders regarding their legal rights as owners of corporations, which he co-authored.
Prior to joining Grant & Eisenhofer, Mr. Barry practiced at a large Philadelphia-based firm, where he defended the Supreme Court of Pennsylvania, the Pennsylvania Senate and Pennsylvania state court judges in a variety of trial and appellate matters. He is a 1990 graduate of Carnegie Mellon University and graduated summa cum laude in 1993 from the University of Pittsburgh School of Law, where he was an Executive Editor of the University of Pittsburgh Law Review and a member of the Order of the Coif.