Jeffrey W. Golan, Partner
Philadelphia, PA

e: jgolan@barrack.com
p: (215) 963-0600
f: (215) 963-0838

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Attorneys & Professionals

Jeffrey W. Golan

Jeffrey W. Golan, Partner
Philadelphia, PA

e: jgolan@barrack.com
p: (215) 963-0600
f: (215) 963-0838

Download vCard

Jeffrey W. Golan, a partner in Barrack, Rodos & Bacine, graduated with honors from Harvard College in 1976 with a degree in Government.  He graduated in 1980 from the Georgetown University Law Center, where he served as the Topics Editor for the school’s international law review, and from the School of Foreign Service, with a Master’s of Science Degree in Foreign Service.  In 1980, he received the Francis Deák Award from the American Society of International Law for the year’s best student writing in an international law journal.  Mr. Golan served as a Law Clerk for the Honorable Edwin D. Steel, Jr., in the United States District Court for the District of Delaware, and thereafter joined a large firm in Philadelphia, where he concentrated on commercial litigation, including the representation of plaintiffs and defendants in federal securities and antitrust cases.  

Since joining BR&B in 1990, Mr. Golan has been the Firm’s primary attorney in many major securities fraud cases throughout the country.  Of particular note, he was BR&B’s lead trial attorney in the WorldCom securities class action – a prosecution that yielded a record-breaking recovery of more than $6.19 billion for defrauded investors – one of the most notable fraud cases ever to go to trial.  In April 2005, Mr. Golan led the BR&B team that took the only non-settling defendant, WorldCom’s former auditor Arthur Andersen LLP, to trial.  Andersen agreed to settle in the fifth week of trial, shortly before closing arguments.  In approving this and other settlements, Judge Denise Cote found “the quality of the representation given by Lead Counsel is unsurpassed in this Court’s experience with plaintiffs’ counsel in securities litigation” and that “the quality of representation that Lead Counsel has provided to the class has been superb.”  From 2008 to 2015, Mr. Golan was the Firm’s lead attorney in In re American International Group, Inc. 2008 Securities Litigation, which settled for $970.5 million.  In approving the settlement in March 2015, Judge Laura Taylor Swain found the recovery to be an “outstanding result obtained on behalf of the settlement class.”

Mr. Golan also served as BR&B’s primary attorney for the landmark Cendant case, in which the lead plaintiffs and lead counsel achieved what is still the third highest recovery ever achieved in a securities fraud class case ($3.32 billion), which included the most ever paid in a securities fraud class case by an outside auditor ($335 million).  He served as the Firm’s lead attorney in the securities fraud class action involving The Mills Corporation, which settled with the defendant real estate investment trust corporation, its officers and directors, its auditor, and a foreign real estate development company, for $202.75 million, as well as in the DaimlerChrysler case ($300 million obtained for the class), the DFC Global Corp. case ($30 million recovered), and many others.   

Mr. Golan also served as the lead trial attorney in an action in the Delaware Court of Chancery, Equity Asset Investment Trust, et al. v. John G. Daugman, et al., in which the Firm represented Iridian Technologies, Inc. (the world leader in iris recognition technologies) and its common shareholder-elected directors.  The case was brought against the Company and the common directors, prepared for trial on an expedited basis under the Chancery Court’s “fast-track” procedures for Board contests, and went to trial two months after the complaint was filed.

Mr. Golan has also headed up the Firm’s representation of lead plaintiffs in a number of derivative actions stemming from the stock option backdating scandal, and served as the Firm’s lead attorney in cases challenging proposed corporate transactions.  He served as a co-lead counsel in consolidated shareholder cases challenging PepsiCo’s acquisition of Pepsi Bottling Group.  After such lawsuits were filed, PepsiCo increased its offer price from $29.50 to $36.50 per share, which provided PBG’s public shareholders with an additional $1.022 billion in value.  He represented institutional and individual lead plaintiffs in a case that challenged the proposed buy-out of Lafarge N.A. by its majority shareholder, Lafarge S.A., which was settled when Lafarge S.A. agreed to increase the buy-out price from the $75.00 per share initially offered to $85.50 per share (a $388 million increase in the amount paid to Lafarge N.A.’s public shareholders) and to make additional disclosures about the company and the proposed transaction.  And, among other cases, Mr. Golan served as a co-lead counsel in consolidated shareholder cases challenging the majority shareholder buy-out of Nationwide Financial Services, Inc., where as part of a settlement the acquirer raised its offer price from $47.20 per share to $52.25 per share, thereby providing a $232 million benefit to class members. 

Mr. Golan also successfully represented investors in the class and derivative action in the Delaware Court of Chancery in In re Cheniere Energy Stockholders Litigation, which challenged whether shareholders approved an equity compensation plan that provided Cheniere’s CEO with $126 million in equity compensation for one year.  The successful settlement of this litigation resulted in the withdrawal of a new equity compensation plan that had earlier been proposed to grant executives 30 million shares that would have had a market value of $565 million at the time, a new stockholder vote on the shares that were challenged by the litigation, and several other corporate reforms. 

Mr. Golan has been selected many times since 2005 as a “Pennsylvania Super Lawyer” in the field of securities litigation.  In June 2000, he was honored as the “Featured Litigator” in the on-line magazine published by Summation Legal Technologies, the legal software company.  Mr. Golan has also served in numerous capacities for the Public Interest Law Center of Philadelphia, including as Vice-Chair of the Board, on the staff of the Mayor’s Task Force for the Employment of Minorities in the Philadelphia Police Force, and as a member of the Philadelphia Bar Association's Pro Bono Task Force (report issued October 2017).

Education:
  • Georgetown University Law Center (J.D. cum laude 1980)
  • Georgetown University School of Foreign Service (M.S.F.S. 1980)
  • Harvard College (B.A., cum laude, 1976)
Admissions:
  • Pennsylvania, 1981
  • United States Court of Appeals, Second Circuit
  • United States Court of Appeals, Third Circuit
  • United States Court of Appeals, Fourth Circuit
  • United States District Court for the Eastern District of Pennsylvania
Publications:Presentations:
  • National Institute for Trail Advocacy (NITA), Deposition Skills:  Delaware
February 23-25, 2018, Widener University School of Law, Wilmington, DE
  • PBI Seminar, The Art of the Deposition: A Two-Day "On-Your-Feet" Training Workshop
November 17-18, 2016, The CLE Conference Center, Wanamake Building, Philadelphia, PA
  • Law Seminars International Workshop, Estimating Damages in Securities Litigation
May 7, 2007, The Yale Club of New York City, New York, NY 
(Speaker on “Challenges in Proving Damages from the Plaintiff’s Perspective”)
  • Corporate Governance Seminar, Georgetown Law School 
October 17, 2006 (class of Professor Donald Langevoort)
  • Law Seminars International Workshop, Current Damages Issues in Securities Litigation
June 5, 2006, The Yale Club of New York City, New York, NY 
(Speaker on “Challenges in Proving Damages from the Plaintiff’s Perspective”)
  • Law Seminars International Workshop, Estimating Damages in Securities Litigation 
June 6, 2005, Marriott Financial Center, New York, NY 
(Speaker on “Damages from the Plaintiff’s Perspective”)
  • ALI-ABA’s Twelfth Annual Corporate Governance Institute, 
December 1–2, 2005, Fordham University School of Law, New York, NY 
(Speaker on “Due Diligence After WorldCom: Is It Possible to Protect Directors?”)