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'''Grant & Eisenhofer P.A.''' (also known as '''G&E''') is an American plaintiffs' law firm.
'''Grant & Eisenhofer P.A.''' (also known as '''G&E''') is an American law firm that specializes in complex litigation and arbitration, particularly in the areas of securities, antitrust, and shareholder rights.


==History==
==History==

Revision as of 12:06, 6 January 2023

Grant & Eisenhofer P.A.
HeadquartersWilmington, Delaware
No. of offices4
No. of attorneys70
No. of employees150
Date founded1997
FoundersStuart M. Grant and Jay W. Eisenhofer
Websitehttps://www.gelaw.com

Grant & Eisenhofer P.A. (also known as G&E) is an American law firm that specializes in complex litigation and arbitration, particularly in the areas of securities, antitrust, and shareholder rights.

History

The founding partners commenced their legal careers as litigators in Skadden Arps Slate Meagher & Flom's Wilmington office. They left Skadden together to join Philadelphia-based law firm Blank Rome Comisky & McCauley. During their time there, Grant and Eisenhofer acted as resident litigation partners.[1]

In 1997, they founded Grant & Eisenhofer P.A. Eisenhofer has stated that they decided to switch from corporate defense to exclusively representing plaintiffs because "they wanted to be on the side of the good guys."[2]

Stuart Grant argued the provisions of the PSLRA which allowed an institutional investor to act as lead plaintiff in securities class action cases.[3] In this case, Gluck et al. v. Cellstar, The State of Wisconsin Investment Board was lead plaintiff and G&E was appointed lead counsel. The class recovered 56% of their losses.[4] In 2000, the Kansas Public Employees Retirement System filed a suit against Digex, in which G&E was lead counsel for the plaintiff.[5] The case settled in 2001 for $420 million.[6] In 2004, Grant & Eisenhofer was recognized by Pensions & Investments magazine for "a hallmark in corporate governance" regarding the settlement in which HealthSouth's board of directors was completely replaced.[7] Firm partners Jay Eisenhofer and Michael Barry co-authored the Shareholder Activism Handbook in 2005. The handbook is a guide for shareholders on matters relating to shareholder activism.[8]

In 2014, the firm was reported to have been a major donor to state attorneys general associations, candidates, state party committees, and attorneys general running for governor.[9]


References

  1. ^ "Grant & Eisenhofer P.A., Our History". Gelaw.com. Archived from the original on 2011-07-11. Retrieved 2011-08-08.
  2. ^ The Lead Plaintiff Provisions of the PSLRA After a Decade or "Look What's Happened to My Baby"[1]
  3. ^ "Widener Law School, Stuart Grant Profile". Law.widener.edu. Archived from the original on 2012-07-09. Retrieved 2011-08-08.
  4. ^ "SEC Info Digex Inc". Secinfo.com. Retrieved 2011-08-08.
  5. ^ "The New York Times, Settlement in WorldCom Deal is Approved". The New York Times. 2001-04-07. Retrieved 2011-08-08.
  6. ^ Stanford Law School Securities Class Action ClearingHouse, 2004 News and Press Releases, HealthSouth Settlement "Archived copy". Archived from the original on 2010-04-16. Retrieved 2009-07-30.{{cite web}}: CS1 maint: archived copy as title (link)
  7. ^ "Aspen Publishers, Shareholder Activism Handbook". Aspenpublishers.com. 2010-11-17. Retrieved 2011-08-08.
  8. ^ "Political Gifts from Plaintiffs' Lawyers". The New York Times. 18 December 2014. Retrieved 26 October 2021.