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, joined the Firm in 1990.  Mr. Golan graduated with honors from Harvard College in 1976 with a degree in Government.  After working as an aide to Senator Edward W. Brooke, he attended the joint degree program in law and foreign service at Georgetown University.  Mr. Golan graduated from the Georgetown University Law Center in 1980, where he also 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., a United States District Court Judge in the District of Delaware, from 1980 to 1981, 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, Mr. Golan has been BR&B’s primary attorney in many major securities fraud cases throughout the country.  Of particular note, he served as BR&B’s lead trial attorney in the WorldCom securities fraud 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.

Mr. Golan also served as BR&B’s primary attorney for the landmark Cendant case, in which the previously highest recovery ever achieved in a securities fraud class case was achieved ($3.32 billion), for the DaimlerChrysler case ($300 million obtained for the class), as well as in cases against Employee Solutions, Marion Merrell Dow, General Instrument and One Bancorp, among others.  He served as the Firm’s lead attorney in the securities fraud class action involving Mills Corporation, which settled in 2009 with the defendant real estate investment trust corporation, its officers and directors, its auditor, Ernst & Young, and a foreign real estate development company, for $202.75 million.  Mr. Golan was the Firm’s lead attorney, representing the State of Michigan Retirement Systems, in In re American International Group, Inc. 2008 Securities Litigation, Master File No. 08-CV-4772-LTS (S.D.N.Y.), which settled in 2014 for $970.5 million.  In approving the settlement, Judge Laura Taylor Swain found the settlement to be an “outstanding result obtained on behalf of the settlement class.”    

Mr. Golan also served as the lead trial attorney for the Firm in an action in the Delaware Chancery Court, 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 several cases challenging proposed corporate transactions.  Mr. Golan 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 when Lafarge N.A. agreed to make additional disclosures about the company and the proposed transaction.  He was appointed 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, a $232 million benefit to class members.  And, among other cases, Mr. Golan 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.  The court approved the settlement of the case on June 1, 2010.  Mr. Golan was also part of the trial team for Airgas shareholders that took that case to trial in October 2010 and January 2011.

For several years, Mr. Golan was selected 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, and on the staff of the Mayor’s Task Force for the Employment of Minorities in the Philadelphia Police Force.  He is currently serving on the Philadelphia Bar Association's Pro Bono Task Force.

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:
  • Corporate Governance Tips for Independent Board Members
    ExecSense (November 2012), available for purchase here.

    Stock Option Backdating: The Ultimate in Greed
    Barrack Bulletin, Vol. 11 (Spring 2007)

    Director Liability as Developed in WorldCom and Some Suggestions for the Future
    Prepared for the ALI-ABA Twelfth Annual Corporate Governance Institute, December 1–2, 2005, Fordham University School of Law, New York, NY

    The Client’s Role in Prosecuting WorldCom: New York State Comptrollers Lead the Charge
    Barrack Bulletin, Vol. 9 (Fall 2005)

    Damages from the Plaintiff’s Perspective — A Case Study: The WorldCom Case
    Prepared for Law Seminars International program, Estimating Damages in Securities Litigation, June 6, 2005, Marriott Financial Center, New York, NY

    DaimlerChrysler Agrees to Pay $300 Million to Settle Class Action
    Barrack Bulletin, Vol. 7 (Fall 2003)

    Important Legal Decisions In DaimlerChrysler
    Barrack Bulletin, Vol. 7 (Fall 2004)

    Cross Pens Caught In The Cross Fire
    Barrack Bulletin, Vol. 4 (Spring/Summer 2002)

    District Court Upholds Class Complaint Against DaimlerChrysler
    Barrack Bulletin, Vol. 4 (Spring/Summer 2002)

    Delaware Court Appoints Group of Institutional Investors to Lead Class Action Against DaimlerChrysler AG
    Barrack Bulletin, Vol. 2 (Spring 2001)

    Cendant Settlement Approved
    Barrack Bulletin, Vol. 1 (Spring 2000)

    Third Circuit Approval of Partial Settlement Has Wide-Ranging Implications for Creative Resolutions of Class Action and Securities Cases
    Securities News, Vol. 4, No. 4 (Fall 1995) (ABA Litigation Section publication)

    Control Person Liability: How To Plead It And How To Prove It
    Securities News, Vol. 4, No. 2 (Spring 1995)

    Contributing Author for ABA Section of Litigation, Secondary Liability Surveys (1993 and 1994)

    U.S. Technology Transfers to the Soviet Union
    11 Law & Policy in International Business 1037 (1979)

    Presentations:

    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?”)