J. Daniel Albert


  • Emory University
    B.A. 2001, magna cume laude
  • Wharton School of Business at University of Pennsylvania
    Certificate of Study in Business and Public Policy 2005
  • University of Pennsylvania Law School
    J.D. 2005 (James Wilson Fellowship in Corporate Law)
  • Pennsylvania
  • USDC, Eastern District of Pennsylvania

J. Daniel Albert, a partner of the Firm, has devoted his career to prosecuting shareholder litigation, recovering substantial damages on behalf of shareholders stemming from corporate directors’ breaches of fiduciary duties, vindicating shareholders’ rights, and ensuring that public companies engage in good corporate governance.  Dan’s practice focuses on the areas of mergers and acquisitions and shareholder derivative litigation.

Dan has served as lead or co-lead counsel in dozens of shareholder class and derivative actions nationwide, prosecuting violations of state and federal law and breach of fiduciary duty claims in connection with controlling stockholder transactions, management-led buyouts, related-party transactions, executive compensation, insider selling and stock option manipulation.

Representative Outcomes
  • Obtained injunction in class action litigation that stopped a proposed private equity buyout from going forward at an inadequate price. 

    The court ordered the company to disclose to shareholders that it had received—and refused—a superior offer from a third party. As a result, the proposed transaction broke up and the company sold for a 13% premium on the original deal. The court complimented the “exceptionally favorable result for Amicas’ shareholders.”

  • Represented the Erie County Employees’ Retirement System, shareholders of GSI Commerce (GSI), in a class action challenging the company’s acquisition by eBay.

    We alleged that GSI’s founder breached his fiduciary duties by negotiating a secret deal with eBay to buy several GSI subsidiaries at below market prices before the eBay acquisition—significantly reducing the acquisition price paid to GSI stockholders. In addition,  we alleged that GSI’s board breached its fiduciary duties to stockholders by allowing the founder’s acquisition and failing to disclose it to stockholders. Plaintiffs achieved a $24 million settlement to address the claims of unfair dealing.

  • On September 12, 2017, the Delaware Chancery Court approved one of the largest class action M&A settlements in the history of the Delaware Chancery Court, a $86.5 million settlement relating to the acquisition of ExamWorks Group, Inc. by private equity firm Leonard Green & Partners, LP.

    The settlement caused ExamWorks stockholders to receive a 6% improvement on the $35.05 per share merger consideration negotiated by the defendants. This amount is unusual especially for litigation challenging a third-party merger. The settlement amount is also noteworthy because it includes a $46.5 million contribution from ExamWorks’ outside legal counsel, Paul Hastings LLP.


American Bar Association