Firm Director Reuben Guttman comments on blowing the whistle on performance enhancing drugs in Doping and How We Play the Game

Doping and How We Play the Game

Now that Lance Armstrong has admitted that he doped, fans across the globe must be wondering what was he thinking? Perhaps he surmised that breaking anti-doping rules is just a part of the game.

One thing that Lance Armstrong probably did not anticipate was a federal statute known as the False Claims Act, which encourages private citizen whistle-blowers with monetary bounties when their efforts are successful. Undoubtedly, he also did not anticipate that his own teammate, Floyd Landis, would sue him under that statute… Read the full January 26 commentary

Grant & Eisenhofer files consumer class action on behalf of certain MacBook Pro owners

CASE ALERT: APPLE RETINA DISPLAY

PURCHASERS OF APPLE’S MACBOOK PRO WITH RETINA DISPLAY computers (“rMBP”) are advised that they may have purchased or received a product worth significantly less than what they paid for them.

Apple conceals from its customers that the Liquid Crystal Display (“LCD”) screens house Apple’s rMBPs’ high-density retina displays are manufactured by two different companies—Samsung Electronics and LG Electronics. Apple also conceals from its customers that the Samsung version is far superior to the LG version.

Despite the significant disparity in quality between the LG and Samsung versions, Apple’s customers paid (and continue to pay) the same hefty amounts for both, with retail prices ranging from approximately $2,200 to $2,799, regardless of the LCD screen manufacturer.

Indeed, despite numerous and ongoing reports that the LG versions were highly susceptible to “image retention” and “burn-in” issues with their computer displays, Apple has concealed and continues to conceal that there is a difference between the two versions and has publicly denied that the LG version is inferior to the Samsung version. Apple was aware of the difference before bringing the rMBP to market, having spent considerable time testing both versions.

IF YOU PURCHASED OR RECEIVED A MACBOOK PRO WITH RETINA DISPLAY WITH AN LG SCREEN
at any time after May 2012, please click here to discuss your potential claim.

Grant & Eisenhofer named Delaware Firm of the Year at nationwide US Benchmark Annual Awards ceremony in NYC

Grant & Eisenhofer was named Delaware Firm of the Year at the first-ever nationwide US Benchmark Annual Awards ceremony held in NYC (click here to read the article).  The Firm is in the Highly Recommended rankings for 2013 in the areas of United States – Securities as well as Delaware and New York – Plaintiff.  In addition, we are thrilled to have 16 of our directors recognized as Local Litigation Stars.  More information regarding the Firm’s ranking and analysis is available on the Benchmark site.

Grant & Eisenhofer launches Consumer Class Action Practice led by prominent litigator Adam J. Levitt; Firm opens Chicago office

Levitt has directed major consumer and business class actions, recovering more than $1 billion in the last two years for plaintiffs; currently litigating cases against ConAgra, DuPont, and Porsche; will head G&E’s new Chicago office, expanding firm’s platform to include high-profile consumer litigation.

CHICAGO (January 28, 2013) – Leading shareholder and corporate governance law firm Grant & Eisenhofer P.A. has launched a national consumer class action litigation practice led by prominent Chicago-based litigator Adam J. Levitt. Mr. Levitt, who joins G&E as a director, will also head the firm’s newly opened Chicago office, which is expected to add more lawyers in 2013. Mr. Levitt was previously a partner with Wolf Haldenstein in ChicagoRead the full Press Release

Grant & Eisenhofer wins First Circuit Appeal, shareholder suit against UBS subsidiaries to proceed

Appeals court reverses Puerto Rico District Court ruling to dismiss public pension plans’ action against UBS for losses stemming from $757 million in bonds issued in 2008; Grant & Eisenhofer is co-lead counsel to pension plans.

BOSTON/NEW YORK (January 8, 2013) – The U.S. Court of Appeals for the First Circuit has given a green light to a shareholder lawsuit brought by two Puerto Rico-based pension plans against subsidiaries of the Swiss financial giant UBS AG. Shareholders, who own shares in closed-end investment funds advised by UBS Trust Company of Puerto Rico, are challenging the UBS entities’ fund-related dealings, including the funds’ 2008 purchase of some $757 million worth of bonds underwritten by UBS Financial Services Inc. of Puerto Rico, which resulted in substantial losses when the value of these bonds plummeted… Read the full Press Release