Julie B. Palley, Associate
Philadelphia, PA

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

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Attorneys & Professionals

Julie B. Palley

Julie B. Palley, Associate
Philadelphia, PA

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

Download vCard

Julie B. Palley, an associate in Barrack, Rodos & Bacine’s Philadelphia office, joined the firm in 2008. At BR&B, Ms. Palley has represented investors, including state, local and union pension funds, in several class and derivative actions, including cases involving securities fraud, shareholder rights and corporate governance. Ms. Palley was an integral part of the litigation team that prosecuted In re American International Group, Inc. 2008 Securities Litigation, which resulted in a $970.5 million settlement for defrauded investors, among the largest recoveries ever achieved in a securities fraud class action arising from the 2008 financial crisis. Ms. Palley was also part of the litigation team that prosecuted Pennsylvania Public School Employees' Retirement System v. Bank of America Corp., which resulted in a $335 million settlement in 2016.

Ms. Palley has also represented investors 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 one year.  The settlement of this litigation resulted in the withdrawal of a new equity compensation plan that proposed to grant executives 30 million shares, a new stockholder vote on the shares that were challenged by the litigation, and several other corporate reforms.   Ms. Palley also successfully represented shareholders in a derivative case involving the buyout of Barnes & Noble by its chairman, Leonard Riggio, whereby Riggio agreed to pay $29 million to settle shareholders’ claims.  She has also represented investors in shareholder cases challenging the proposed acquisitions of Wm. Wrigley Jr. Company by Mars, Incorporated, PepsiBottling Group by PepsiCo, and King Pharmaceuticals by Pfizer. 

Ms. Palley is also a contributor to the Delaware Court Business Insider, a publication providing commentary and analysis on recent opinions in the Delaware Court of Chancery.  She recently wrote an article about a decision in Stein v. Blankfein, No. 0354, 2017 (Del. Ch. May 31, 2019), in which the Delaware Court of Chancery reaffirmed that directors’ self-interested decisions regarding their own compensation are subject to review under the entire fairness standard.  The article is reprinted here with permission.

Ms. Palley is an arbitrator for FINRA, as well as for the Philadelphia Court of Common Pleas Compulsory Arbitration Center.  Before joining the firm, Ms. Palley was counsel at the Pennsylvania Securities Commission.

Education:
  • Temple University, Beasley School of Law (J.D. 2007)
  • University of Pennsylvania (B.A. cum laude 2003)
Admissions:
  • Pennsylvania, 2007
  • New Jersey, 2007
  • United States District Court for the Eastern District of Pennsylvania
Publications:Memberships:
  • Pennsylvania Bar Association
    Philadelphia Bar Association
    American Bar Association