Securities Litigation

• Representation of former CEO of now bankrupt technology company in securities class action alleging violations of Section 10(b).  Obtained dismissal for failure to plead scienter and false statements.
• Representation of the underwriter defendants in a major pharmaceutical company’s securities litigation class action arising out of the issuance of the $4.1 billion of securities by the pharmaceutical company.  The case alleges that the results of a certain drug study were known by the pharmaceutical company before the study was officially unblinded and should have been disclosed to investors.
• Representation of former officers and directors of failed investment bank who were sued in connection with a $180 million investment of pension fund monies.
• Representation of a public company and its directors in class actions challenging the fairness of the purchase price of shares in connection with a sale of the company.
• Representation of a number of underwriters in a multi-district securities class action arising out of an internet telephone provider’s initial public offering.
• Representation of a financial management and advisory company in a class action alleging fraud under the securities laws in connection with the marketing and sale of "B Class" mutual shares. The action alleged B Class shares are not a proper investment vehicle for mutual fund purchasers who invest $100,000 or more in mutual funds.
• Representation of a leading multi-national pharmaceutical company obtaining the dismissal of a securities class action alleging fraud in connection with failure to disclose whistleblower litigation involving plant conditions and the possible impact of these conditions on a rare blood disease.
• Representation of a major Wall Street investment bank in dismissing securities fraud and related putative class claims, valued at over $100 million, by investors in commercial real estate partnerships.
• Representation of independent directors of pharmaceutical company sued in shareholder derivative action arising out of the withdrawal from the market of blockbuster drug.
• Representation of a major New York bank, as lead defense counsel, in an antitrust and civil RICO class action alleging a conspiracy among lenders to fix the prime rate, obtaining dismissal of the action.
• Representation of acquirer of technology company in class action challenging fairness of the acquisition price.
• Representation of the underwriters in a securities class action filed against a major financial institution and the underwriters arising out of the issuance of securities by the financial institution before the collapse of Lehman Brothers and the turmoil in the markets.
• Representation of the underwriters in class actions involving public issuances of securities by internet telephone provider.
• Representation of a number of underwriters in a multi-district securities class action arising out of an internet telephone provider’s initial public offering.
• Representation of independent board members of a public chemical company in a class action and derivative action alleging breach of fiduciary duty in connection with a going private transaction.
• Representation of an investment fund of a global investment bank and four directors in an action against them seeking to retain control of the Board instituted by the founder and former CEO and Chairman of the Board.
• Representation of an insurance company and its directors in two class actions brought against them on behalf of all shareholders by two investment funds challenging the sale of this public company for alleged inadequate consideration.
• Representation of defendant class members, in a case with national implications for defendant class actions, who have dissented from the lead defendant’s settlement of a fraudulent conveyance claim against all shareholders who received shares in a subsidiary spun off from a now insolvent parent.
• Representation of a public company in a hostile proxy contest and attempted takeover in which we successfully obtained injunctive relief from the federal district court and the hostile offer was rebuffed.

Representative Decisions

• Petrie v. Electronic Game Card, Inc., 2012 U.S. Dist. LEXIS 31037 (C.D.C.A. March 6, 2012)

  3/6/2012 Jeffrey J. Greenbaum

• Botton v. Ness Techs., Inc., 2011 U.S. Dist. LEXIS 85950, Fed. Sec. L. Rep. (CCH) P96505 (D.N.J. August 4, 2011)

  8/4/2011 Jeffrey J. Greenbaum

• Bauer v. Prudential Fin., Inc., 2010 U.S. Dist. LEXIS 64384, Fed. Sec. L. Rep. (CCH) P95792 (D.N.J. June 29, 2010)

  6/29/2010 Jeffrey J. Greenbaum

• N.J. Dep't of Treasury, Div. of Inv. v. Fuld, 604 F.3d 816, 2010 U.S. App. LEXIS 9991 (3d Cir. N.J. 2010)

  5/17/2010 Jeffrey J. Greenbaum

• State v. Fuld, 2009 U.S. Dist. LEXIS 81084 (D.N.J. August 31, 2009)

  8/31/2009 Jeffrey J. Greenbaum

• In re Schering-Plough Corp., 2009 U.S. Dist. LEXIS 43665 (D.N.J. 2009)

  5/22/2009 Jeffrey J. Greenbaum

• In re Schering-Plough Corp., 2009 U.S. Dist. LEXIS 42219 (D.N.J. 2009)

  5/19/2009 Jeffrey J. Greenbaum

• In re Vonage Initial Pub. Offering Secs. Litig., 2009 U.S. Dist. LEXIS 28255 (D.N.J. 2009)

  4/6/2009 Jeffrey J. Greenbaum

• DeBenedictis v. Merrill Lynch & Co., 492 F.3d 209 (3d Cir. 2007)

  6/18/2007 Jeffrey J. Greenbaum

• In re Integra Realty Resources, Inc., 354 F.3d 1246 (10th Cir. 2004)

  11/14/2004 Jeffrey J. Greenbaum

• In re Integra Realty Resources, Inc., 262 F.3d 1089 (10th Cir. 2001)

  8/21/2001 Jeffrey J. Greenbaum

• In re Party City Securities Litigation, 147 F. Supp.2d 282 (D.N.J. 2001)

  5/29/2001 Jeffrey J. Greenbaum

• Castlerock Management Ltd. v. Ultralife Batteries, Inc., 114 F.Supp. 2d 316 (D.N.J. 2000)

  9/28/2000 Jeffrey J. Greenbaum

• Castlerock Management Ltd. v. Ultralife Batteries, Inc., 68 F.Supp.2d 480 (D.N.J. 1999)

  9/28/1999 Jeffrey J. Greenbaum

• Brosious v. Children’s Place Retail Stores, 189 F.R.D. 138 (D.N.J. 1999)

  8/23/1999 Jeffrey J. Greenbaum

• In re Party City Securities Litigation, 189 F.R.D. 91 (D.N.J. 1999)

  8/6/1999 Jeffrey J. Greenbaum

• In re MobileMedia Securities Litigation, 28 F. Supp. 2d 901 (D.N.J. 1998)

  10/21/1998 Jeffrey J. Greenbaum