14 Facts About Joseph Grundfest

Joseph Grundfest was born on 1951 and is an American academic.

Joseph Grundfest is the William A Franke Professor of Law and Business at Stanford Law School and co-director of the Rock Center on Corporate Governance at Stanford University.

Joseph Grundfest joined Stanford's faculty in 1990 after having served for more than four years as a Commissioner of the United States Securities and Exchange Commission, a position to which he was appointed by President Ronald Reagan.

Joseph Grundfest was born in New York City on October 8,1951.

Joseph Grundfest is founder and director of Directors' College at Stanford Law School, and principal investigator for Stanford Law School's Securities Class Action Clearinghouse.

Joseph Grundfest has served on the New York Stock Exchange's Legal Advisory Board, on the NASDAQ Legal Advisory Committee, on a rules committee of the United States District Court for the Northern District of California, and has been elected to membership in the American Law Institute.

Joseph Grundfest is admitted to practice in California and in the District of Columbia.

In 1996, Grundfest co-founded Financial Engines with Stanford Professor William F Sharpe and Silicon Valley lawyer Craig W Johnson.

Joseph Grundfest has twice received the John Bingham Hurlbut Award for Excellence in Teaching as well as the Associated Students of Stanford University award as the best professor at the Stanford Law, Business, and Medical Schools.

Joseph Grundfest is chairman of the board nominating committee of the NASDAQ Stock Market, and was formerly a director of Oracle Corporation.

Joseph Grundfest was a member of the Special Litigation Committee in the 2003 case In Re Oracle Corp.

In 2010 Grundfest filed an affidavit with the US District Court in SEC v Bank of America Corporation, complaint under cause of action of Securities Fraud.

Joseph Grundfest's affidavit supported the Settlement Agreement then before the Court, which was eventually rejected.

In September 2019, Grundfest put forth a solution to deal with the impact of Cyan, Inc v Beaver County Employees Retirement Fund which ruled that plaintiffs could bring Section 11 suits in state courts and not just in federal courts, in which he suggested that companies could add federal forum provisions to their charter documents to the effect that plaintiffs could only bring Section 11 Suits in federal court.