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 Chicago… Read the full Press Release
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
The impact of the world economy and changes in regulatory laws have left companies exposed. This candid conversation with attorney Stuart Grant … discusses key issues and market trends facing today’s institutional investors… Click here to view video
Public pension fund seeks court order to inspect Hershey’s books; shareholders claim board has long known of company’s dealings with suppliers utilizing illegal child labor in Ghana and the Ivory Coast and committing human trafficking violations; suit filed by Grant & Eisenhofer in Delaware Chancery Court.
WILMINGTON, DE (November 1, 2012) – A public pension fund has filed suit today against Hershey Company (NYSE: HSY) to inspect the company’s books and records, contending that the Pennsylvania-based confectioner uses cocoa produced as a result of unlawful child and forced labor in the West African countries of Ghana and the Ivory Coast… Read the full Press Release
“Doing the Right Thing” – Are global corporations under just a moral obligation rather than a legal duty to behave responsibly around the world? Reuben Guttman makes the case for both… read the Oct 5 commentary The European Lawyer
“Professional Melting Pot” – The International Bar Association has a well-deserved reputation for partying hard at its annual bash, but, says Reuben Guttman, its multinational delegates also tackle crucial issues of legal practice around the world… read the Oct 3 commentary The European Lawyer
“Puckering Up” – “Whether to blow or not to blow – that intriguing issue triggered heated debate at a session on criminal fraud and the global economic recession at this week’s International Bar Association annual meeting” in Dublin, Ireland Reuben Guttman reports… read the Oct 2 commentary The European Lawyer
“Backing Barack” – The U.S. President wins some heavyweight economic support as Reuben Guttman sees the curtain rise on the International Bar Association’s annual gathering in Dublin, Ireland… read the Oct 1 commentary The European Lawyer