Lynda J. Grant

• Representative Cases
• Lead Counsel Cases
• Lecture/Panels

LYNDA J. GRANT

• lgrant@grantfirm.com
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• The Grant Law Firm, PLLC
• 521 Fifth Avenue, 17th Floor
• New York, NY 10175
• TEL: 212 292 4441
• FAX: 212 292 4442

Lynda J. Grant is an accomplished lawyer with over 30 years of experience representing shareholders, limited partners, consumers and others in class actions and derivative suits. She has been repeatedly selected as a New York Metro Super Lawyer, and served as a co-chair of the American Bar Association’s (“ABA”) Securities Litigation and Class Actions and Derivative Suits Committees. She is presently the co-chair of the ABA Securities Litigation Book Committee and is co-writing a book regarding Delaware Chancery Court practice. She was named by Sky Radio as one of the top women lawyers in the corporate governance area. Prior to founding TheGrantLawFirm, Ms. Grant was a partner in two major plaintiffs’ class action firms. She has recently added data breach cases to her already impressive roster of matters.

Early in her career, she specialized in representing limited partners who were subject to unfair tender offers by their general partners, and by way of those cases, significantly shaped the fiduciary duty law in Delaware governing the rights of limited partners. She is also well known in the merger and acquisition area, among other things, having helped obtain an injunction of a $160 million defensive recapitalization of Arvida/JMB, and having commenced the action In Re Real Estate Associates Limited Partnership, which eventually resulted in a $184 million jury trial. More recently, she was able to obtain the disclosure of free cash flows in a proxy seeking approval of the merger between AMAG Pharmaceuticals, Inc. and Allos Therapeutics, Inc. Thereafter, the AMAG shareholders rejected the merger.

She has been involved in litigating major securities class actions and derivative actions arising from mismanagement and corporate governance violations. For instance, she led a nine year action against Canadian financial giant, Canadian Imperial Bank of Commerce. In this action, she successfully tried a books and records action, and substantially defeated both motions to dismiss and for summary judgment. She also obtained major corporate therapeutic changes to Bovie Medical Corp. (“Bovie”), as part of settlement valued at over $13 million, and was part of a team which provided millions of dollars in benefits to Google, Inc. shareholders.

Ms. Grant is a sought after speaker on securities litigation and corporate governance issues, and was interviewed on the Dylan Ratigan Show concerning the action Brown v. Blankfein,et al. contesting bonuses paid to Goldman Sachs executives after the financial crisis.

Representative Cases

• In re Apple E-book Derivative Litigation, Case No. 1-14-CV-269543 (Sup. Ct., St. Clara Co.) (derivative action)
• In re General Motors Derivative Litig., C.A. No. 9627-VCG (Del. Ch.) (derivative action)
• In re Google Inc. Class C Shareholder Litig., C.A. No. 7469-CS (Del. Ch.)
• Bruce A. Arbit v. Andrew Makriedes, et. al., Case No. 8:11-cv-2020-T-30TBM (M.D. Fla.) (the “Bovie” derivative action)
• Gaines v. Narachi, et al., C. A. No. 6784-VCN (Del. Ch.) (the “AMAG” class action)
• In re St. Paul Travelers Sec. Litig., Civ. 04-3801 (JRT), 2006 WL 1116118 (D. Minn. April 25, 2006) (securities fraud action)
• In re DHB Industries, Inc., Class Action Litig., CV-05-4296 (JS) (E.D.N.Y.) (securities fraud action)
• In re Van der Moolen Holding, N.V., Sec. Litig., CV-03-8284 (RWS) (S.D.N.Y.) (securities fraud action)
• Forsythe, et al. v. ESC Fund Management Co. (U.S.), Inc., et al., C.A. No. 1091-N (Del. Ch.) (derivative action on behalf of employee co-invest fund against Canadian Imperial Bank of Commerce)

Lead Counsel Cases

Ms. Grant was, or is presently, lead counsel or on the executive committee in the following cases:

• In re Apple E-book Derivative Litigation, Case No. 1-14-CV-269543 (Sup. Ct., St. Clara Co.) (derivative action)
• In re General Motors Derivative Litig., C.A. No. 9627-VCG (Del. Ch.) (derivative action)
• Arbit, et al. v. Makrides, et al., Case No. 11-02020 (M.D. Fla.) (derivative action)
• Gaines v. Narachi, et al., C. A. No. 6784-VCN (Del.Ch.) (class action)
• In re Mannkind Corporation Derivative Shareholder Litigation, Case No. BC 454931 (Sup. Ct., L.A. Co.) (derivative action)
• In re Alfa Corp. S’holders Litig., Cir. Ct. Ala., Montgomery Co., CV-07-900485
• In re Republic Services, Inc. Litig., Del. Ch., C.A. No. 3923-CC
• In re Genentech, Inc. S’holders Litig., Del. Ch., Cons. C.A. No. 3911
• In re NYMEX S’holders Litig., Del. Ch., Cons. C.A. No. 3621
• In re Take Two Interactive Software, Inc., Del. Ch., C.A. No. 3604
• In re Yahoo! Shareholder Litig., Del. Ch., C.A. No. 3561
• In re Countrywide Corp. S’holders Litig., Del. Ch., Cons. C.A. No. 3464
• In re Anheuser-Busch Cos. Inc. S’holders Litig., Del. Ch., Cons. C.A. No. 385

Lectures/Panels

• Cornell Law School, Ithaca, NY: February 17, 2015: “Opportunities in Business Law”
• Legal Tech, NY, NY: February 3, 2015: “Seven Secrets for Overcoming Underearning”
• ABA Annual Meeting, Chicago, IL: August 2012: “Unsecure Footing: A Critical Look at the Matrixx Revolution and Other Changes to the Securities Landscape”- panel member
• Cornell Law School, Ithaca, NY: June 2012: “The Ethics of Securities Litigation” – panel member
• ABA Section Annual Meeting: New York: April 2010: Twombly versus Conley: The Fight of the Century—panel host
• ABA Section Annual Meeting: New York: 2009: Issues Regarding International Securities Litigation
• ABA Section Annual Meeting: Chicago: 2008: Issues in Class Actions—debate with defense counsel regarding current class action issues
• National Institute on Class Actions: New York: 2008: U.S. Class Actions versus Canadian Class Actions
• Continuing Education Panel: Telephonic: 2007: The Impact of In re Polymedica Corp. Sec. Litig.
• ABA Annual Meeting: Hawaii: 2007: “It’s a Small World After All”- international securities panel
• Clayton Utz Annual Meeting: Australia: 2007: U.S. Class Action Seminar—seminar given to Australian attorneys regarding U.S. class action system

Publications

• ABA Litigation Journal, Spring 2015: “The Investor’s Perspective: ATP Tour and Delaware’s Proposed Legislation”: Edited article by Jeff Mahoney, General Counsel, Council of Institutional Investors
• Cornell Law Forum, Fall 2012: Profile, “Taking the Plaintiffs’ Side”
  • ABA Litigation Journal, Winter 2012: “The Gyntech Hypothetical: Shareholders’ Response”