Pictured from Left:

Herbert E. Milstein, Steven J. Toll, Michael D. Hausfeld

 

Lynda J. Grant

Lynda J. Grant joined Cohen Milstein in 2007 as a Partner in our New York office, and will concentrate her efforts in the securities practice area.

Ms. Grant is an accomplished lawyer with over 20 years of experience at Labaton Sucharow representing shareholders and limited partners.  Throughout this time, her practice has consisted of class and derivative actions, ranging from large securities fraud cases to those seeking to enjoin unfair buy outs, acquisitions and mergers.  Ms. Grant has also represented employees and pensioners in ERISA class actions.  Her clients have included individual shareholders and limited partners, sophisticated hedge fund managers, major state, local and city pension funds, and union funds.

Ms. Grant’s early career centered on representing limited partners and REIT holders in high-profile matters.  In that capacity, she acted as Lead or Co-Lead Counsel in such cases as:  The Gillette Family Trust v. Insignia Financial Group, Inc., Inc. et al. (the “Shelter Properties” Action); Warren Heller v. McNeil Partners, L.P., et al.; Irving Zakin v. William Dockser, et al. (the “CRITEF” Action): Joan King v. Oxford Tax Exempt Fund II Corporation, and William Wallace v. Devon Associates, et al. (the “Growth Hotel Investors” Action); and Carlstrom v. Arvida/JMB Managers, Inc., (in which she helped to obtain a preliminary injunction after trial, which stopped a $160 million defensive recapitalization).  She also commenced the action,  In Re Estate Associates Limited Partnership Litigation, which eventually resulted in a $184 million jury verdict.  Subsequently, Ms. Grant was part of a team which successfully tried the action Gelfman, et al. v. Weeden Investors, L.P., and helped obtain an injunction in the action In re MONY Group Inc. Shareholder Lit., temporarily stopping the $1.5 billion buyout of MONY Insurance Co. by AXA Financial.  Ms. Grant also successfully tried the books and records action captioned Forsythe, et al. v. CIBC Employee Private Equity Fund (U.S.) L.P. et al. 

More recently, she was instrumental in obtaining a $67.5 million settlement for the class in In re St. Paul Securities Litigation, was part of a team which settled the action In re DHB Industries, Inc. Class Action Litigation, for $40 million and significant corporate governance reforms, and obtained an $8 million settlement in In re Van der Moolen Securities Litigation.  She was one of the Lead Counsel in the action In re Marsh ERISA Litigation, and In re St. Paul Travelers Sec. Litig. II, and numerous other actions.

Ms. Grant is a member of the American Bar Association, and serves as a co-chairperson of the Class and Derivative subcommittee on securities litigation.  Her article “CAFA: Is the Remedy Worse than the Illness?”  was published in the ABA Class and Derivative Action newsletter.  She is also a regular speaker on securities and class action related topics, having recently served as a panelist on the ABA program entitled Class Certification: Looking Beyond the Pleadings, and at the ABA Annual Convention in 2006, on the panel entitled, “It’s a Small World After All:  The Increasing Influence of Foreign and Multinational Class Actions.”  Late last year, she also spoke at a conference in Sydney, Australia regarding the international reach of the federal securities laws. Recently she moderated an ABA Panel concerning the impact of the IPO decision, and was a panelist for a telephone presentation regarding the extraterritorial effect of the federal securities laws.  Given her vast experience in representing investors, Ms. Grant has earned the distinction of being named as one of the top female attorneys in the corporate governance area.

Ms. Grant received a J.D. from Cornell University Law School, and is admitted to practice in New York, and the United States District Courts for the Southern and Eastern Districts of New York.

Contact: lgrant@cmht.com

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