Their relationship is over, but Grant & Eisenhofer's 2007 hiring of veteran labor union executive Sean Harrigan offers a glimpse into the sometimes murky, always competitive world of landing securities class action plaintiffs. The law firm paid the price for retaining Harrigan, who was a Los Angeles Fire and Police Pensions board member. In late 2007, the Los Angeles city attorney's office had the pension board boot G&E from a pool of firms eligible for fund work to avoid the appearance of a conflict of interest.
May 20, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
When Grant & Eisenhofer retained Sean Harrigan in 2007 the match seemed shrewd.
The Delaware securities boutique, already one of the top shareholder recovery firms in the nation, was seeking more plaintiffs work from Taft-Hartley pension funds. Harrigan was the past president of California’s largest retirement system and a veteran labor union executive.
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