OAKLAND, CALIF. (July 8, 2019) – Personal injury lawsuits on behalf of hundreds of patients against drugmaker Gilead Sciences, Inc., are moving forward in numerous California State Courts, having been cleared by state and federal judges. The plaintiffs allege that the Foster City, Calif.-based company withheld from sale for more than a decade a medication for HIV treatment that Gilead knew was safer and more effective than the drug the company promoted on the market during that period.
NEW YORK (June 24, 2019) – The Grant & Eisenhofer ESG Institute announced the filing of a petition to ban importation of palm oil produced in Malaysia by that country’s biggest, and one-third government-owned palm oil producer, FGV Holdings Berhad (formerly known as FELDA Global Ventures Berhad), due to widespread evidence of forced labor and illegal child labor practices on FGV’s oil-palm plantations. The petition was filed with the U.S. Customs and Border Protection, the agency within the Department of Homeland Security that enforces laws and facilitates lawful trade.
Jay Eisenhofer has been inducted into The Legal 500 Hall of Fame. The Hall of Fame distinction is reserved for law firm partners at the pinnacle of their profession that have received constant praise from their clients. Mr. Eisenhofer has been consistently recognized as a leading lawyer by The Legal 500 United States for his expertise in the Dispute Resolution – Securities Litigation: Plaintiff category.
CHICAGO (March 25, 2019) – Leading plaintiffs’ law firm Grant & Eisenhofer announced the formation of a new Civil Rights practice, led by Karyn Bass Ehler, who joins as senior counsel in the firm’s Chicago office. Ms. Bass Ehler brings a distinguished track record in civil rights matters in both private practice and the public sector. She most recently served as Chief of the Civil Rights Bureau for the Illinois Attorney General.
COPENHAGEN, DENMARK (March 18, 2019) – An international coalition of public pension funds, governmental entities, and asset managers have sued Danske Bank A/S, asserting fraud claims stemming from a massive Russian money-laundering scheme and multi-year cover-up by Denmark’s largest bank and its senior leadership.
Wilmington, DELAWARE (March 8, 2019) – Law firm Grant & Eisenhofer has brought suit on behalf of institutional investors against Elon Musk and the board Tesla Inc., asserting that the CEO’s ongoing unchecked misstatements on Twitter have continued to harm the company and its shareholders.
Director Lisa Weinstein and Associate Whitney Siehl have been selected for inclusion to Super Lawyers’ list of 2019 Rising Stars. The Rising Stars list recognizes up to 2.5% of attorneys in each state that are either 40 years old or younger, or in practice for 10 years or less. Ms. Weinstein has been selected to the list for the past eight years, and Ms. Siehl was selected to the list for the first time this year.
Jonathan Oestreich recently joined G&E as a Director to build upon the Firm’s well-established efforts advocating for institutional investors in shareholder matters. Prior to joining G&E, Mr. Oestreich was a managing director at Spotlight Advisors in New York, an advisory firm focused on shareholder activism and proxy contests. Previously, he was a senior M&A banker and led the contested situations practice at Brown Brothers Harriman & Co.
Mr. Oestreich’s arrival aligns with G&E’s historic platform and success representing shareholders and other investors in securities and corporate governance litigation. The Firm’s new push for shareholder engagement comes as public pension funds and other institutional investors increasingly align with activist shareholders to insure the value of retirement portfolios, enhance returns, and advocate for improved governance. As a result, activists and public company boards are applying a more rigorous approach to capital allocation, operations benchmarking, and corporate governance. G&E’s activist practice will advocate for these improvements.
For additional details read Law firm Grant & Eisenhofer hires Oestreich to build activism practice (Reuters.com)
Beth Graham, leader of G&E’s complex pharmaceutical and medical device litigation practice, and Lisa Weinstein, leader of G&E’s birth injury litigation group, have been selected for the Lifetime Achievement award by America’s Top 100 Attorneys®. The honor is bestowed upon only 100 attorneys in each state—less than 0.5% of active attorneys in the United States. Ms. Graham and Ms. Weinstein are recognized for their accomplishments and impact on the legal profession over the course of their careers, representing plaintiffs in product liability and birth injury litigation.
Wilmington, DELAWARE (September 21, 2018) – Grant & Eisenhofer won a jury verdict on behalf of a whistleblower who exposed a scheme by Overstock.com (NASDAQ: OSTK) to avoid reporting and remitting to Delaware millions of dollars in dormant gift cards.
G&E has been selected as one of Law360’s Delaware Regional Powerhouses for 2018. The honor is bestowed upon firms that have made a lasting impact on the law at the state and local level.
AMSTERDAM, The Netherlands (July 13, 2018) – Dutch appeals court officially approved the largest securities settlement ever reached in Europe, clearing the way for international insurance company Ageas N.V./S.A. to begin payment of $1.5 billion (€1.3 billion) to multiple groups of institutional and individual investors from Europe and the United States.
Star Shareholders’ Lawyer Stuart Grant Retiring from Practice
“Grant will stick around for several months to finish up cases, but his focus will be on a start-up litigation finance venture, Bench Walk Advisors, backed by two of his longtime clients and stocked with an advisory board of G&E partners. Grant is retiring from his practice at an unsettling time for shareholders’ lawyers. During an interview earlier this month at his office in Wilmington, he told me his biggest regret, as he looks back at a 31-year career, is that Delaware judges have seemingly spent the past few years ratcheting back shareholder advances against corporate fiduciaries.” The full Reuters article is available here from www.reuters.com.
Stuart Grant “The Dean of the Delaware Plaintiffs’ Bar”
In The Deal’s recent profile, Delaware attorney Stuart Grant has a candid discussion regarding, “his concerns about Delaware doctrine and the state’s self- promotion as he prepares to retire from practice.” Find the full article here at www.thedeal.com.
Stuart Grant, “the most feared corporate lawyer in Delaware”
“Delaware’s feared litigator rounds on state’s judges…In a long career that has made him the most feared corporate lawyer in Delaware, home to a majority of the largest companies in the US, Stuart Grant’s legal work helped expand shareholder rights and secured investor victories over the likes of Hank Greenberg and Mark Zuckerberg among others.” The full Financial Times article is available here from www.ft.com.
“Delaware Plaintiffs’ Bar Trailblazer” Stuart Grant Steps Away from Practice after 30 Years to Focus on New Venture
“…Grant discusses the evolution of the Delaware Chancery Court as it has ruled on shareholder actions, and his next chapter…devoting himself full time to Bench Walk Advisors, a venture he formed with G&E partner Jay Eisenhofer that already has hundreds of millions of dollars at work.” The full Law360 article is available here at www.law360.com.
Law360 has selected Director Lisa Weinstein as one of their Personal Injury & Medical Malpractice Rising Stars for 2018. Law360’s Rising Stars recognizes attorneys under 40 with outstanding career accomplishments. Ms. Weinstein leads G&E’s birth injury litigation practice, and has obtained over $130 million on behalf of her clients.
Following the announcement that two new vice chancellor seats will be added to the five-member Delaware Court of Chancery, attorney Stuart Grant shared his outlook on the expansion. “The advantage of these appointments will be to allow the court to pursue its docket with more vigor and speed,” he said to Law360. Mr. Grant has led many of the Court’s largest and most prominent stockholder suits in Delaware over the last two decades.
Leading U.S. securities and corporate governance litigator one of only 30 lawyers nationally named 10 or more years as a Lawdragon 500 Lawyer; Stuart Grant joins U.S. Supreme Court justices Sotomayor and Thomas, along with small group of distinguished private and public sector lawyers.
Stuart Grant has been inducted into The Legal 500 Hall of Fame after being recognized by The Legal 500 United States as an elite leading lawyer for six consecutive years—repeatedly noted for his expertise in the Dispute Resolution – M&A Litigation: Plaintiff category. The Hall of Fame distinction is reserved for law firm partners at the pinnacle of their profession that have received constant praise from their clients.
Grant & Eisenhofer has been ranked as a “Top Tier Firm” by The Legal 500 United States 2018 guide for Dispute Resolution in two practice areas:
M&A litigation: plaintiff
Securities litigation: plaintiff
The Firm’s managing directors have been named in the elite “Leading Lawyers” list:
Stuart Grant – M&A litigation: plaintiff
Jay Eisenhofer – Securities litigation: plaintiff
Senior counsel Kimberly Evans is named in the “Next Generation Lawyers” list – The Legal 500 United States 2018’s guide to up-and-coming lawyers nationwide –in the area of Dispute Resolution – M&A litigation: plaintiff
Additionally, G&E has 8 lawyers listed as “Recommended Attorneys” in The Legal 500 United States 2018 editorial:
Dispute Resolution – M&A litigation: plaintiff
Dispute Resolution – Securities litigation: plaintiff
With regard to the lawsuit G&E brought against the Republic of Cyprus on behalf of Greek citizens to recover a claim over €300 million, firm director and lead attorney for the case Olav A. Haazen, PhD, explains that the Cypriot bail-in of 2013 wiped out the life-savings, college funds and pensions of thousands of middle-class Greeks in an internationally illegal move that shifted the burden away from Cypriots and onto foreigners.
Read The National Herald online news article.
In its 15th consecutive year as a top-ranked firm, G&E is ranked in the areas of:
Securities: Litigation: Mainly Plaintiff (Nationwide)
Chancery: Mainly Plaintiff (Delaware)
Litigation: Securities Mainly Plaintiff (New York)
WILMINGTON, DEL. (January 17, 2018) – Delaware-based IP trial lawyer and chemist Eric Evain joins G&E as a director. Dr. Evain brings an extensive track record in successfully trying IP disputes involving pharma, chemical, energy, manufacturing and other sectors, securing $500 million for clients; his arrival broadens G&E’s global litigation platform.
Leading investor law firm Grant & Eisenhofer announced the launch of a new ESG Institute, a global thought leadership and advocacy group focused on legal considerations surrounding environmental, social and governance issues in institutional investing.
Stuart Grant was recognized by Benchmark Litigation in their 2018 list of the Top 100 Trial Lawyers in America. Following a six-month study, winners were chosen by both peers and clients as being the leading trial strategists in their respective fields of practice.
Jay Eisenhofer was recognized by The National Law Journal in its fourth annual list of Litigation Trailblazers for his success in groundbreaking litigation in the U.S. and internationally. The list includes only 25 lawyers who have achieved remarkable successes in their field.
Read The National Law Journal supplement excerpt here.
Managing Director Stuart Grant discusses Facebook’s decision to drop issuance of non-voting shares with CNBC’s “Squawk Alley.”
Watch the Video
Read More about the shareholder victory.