Girard Gibbs is representing the California State Teachers’ Retirement System (CalSTRS) in a derivative action in the Delaware Court of Chancery against current and former executives and board members of Wal-Mart Stores, Inc.
- Securities Class Action LitigationOpt-Out LitigationCorporate Governance and Shareholder Derivative LitigationMergers and Acquisition LitigationNon-U.S. Securities LitigationSecurities ArbitrationPortfolio MonitoringSecurities Litigation Team
- Daniel GirardDena SharpScott GrzenczykElizabeth KramerAdam PolkWhat Courts & Clients Are SayingRepresentative ClientsAwards & RecognitionRepresentative MattersPortfolio Guard
Our team has participated in a number of the largest, precedent-setting securities cases in the United States, recovering billions of dollars on behalf of institutional and individual investors.
Girard Gibbs served as lead counsel representing investors of SLM Corporation (“Sallie Mae”) in litigation alleging that Sallie Mae, the leading provider of student loans in the U.S., misled the public about its financial performance in order to inflate the company’s stock price.
In 2009, two independent Ponzi schemes collapsed almost simultaneously. Dallas-based Provident Royalties sold interests in shale gas “fracking” projects, while Costa Mesa, California based Medical Capital claimed to finance accounts receivable for the healthcare industry.
Girard Gibbs served as class and derivative counsel in this litigation brought against a timeshare developer and the directors of a timeshare corporation for violations of California state law.
Girard Gibbs LLP has been appointed to the Plaintiffs Executive Committee in a pending class action lawsuit on behalf of investors in Safeway, Inc. On April 8, 2014, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery entered an order consolidating several related cases and approving Plaintiffs’ proposed leadership structure.
Girard Gibbs served as co-lead counsel in this class and derivative litigation brought on behalf of a real estate limited partnership with assets of over $200 million.