Grant & Eisenhofer
American law firm
From Wikipedia, the free encyclopedia
Grant & Eisenhofer P.A. (also known as G&E) is an American plaintiffs' law firm. It is headquartered in Wilmington, Delaware.
| Headquarters | Wilmington, Delaware |
|---|---|
| No. of offices | 4 |
| No. of attorneys | 75 |
| No. of employees | 150 |
| Date founded | 1997 |
| Founders | Stuart M. Grant and Jay W. Eisenhofer |
| Company type | Legal services |
| Website | https://www.gelaw.com |
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]