Jordan Eth

Jordan Eth
Partner

425 Market Street

San Francisco, CA 94105-2482

jeth@mofo.com

(415) 268-7126

BAR ADMISSIONS

California

CLERKSHIPS

Hon. Robert F. Peckham, U.S. District Court, N.D. California

EDUCATION

Swarthmore College, B.A.

Stanford Law School, J.D.

Jordan Eth is a partner in Morrison Foerster's Securities Litigation group. Jordan is one of the leading securities litigators in the United States, known for his success in handling complex, high-stakes cases. He has more than 30 years of experience representing public companies and their officers and directors in:

  • Securities class actions
  • SEC investigations
  • Derivative suits
  • Mergers and acquisitions litigation
  • Internal investigations

Jordan understands the big-picture challenges facing companies and individuals in securities litigation, as well as the intricacies of the legal issues. As co-leader of the successful defense of JDS Uniphase Corp. and its former executives in a securities class action jury trial seeking $20 billion in damages—the largest in history—Jordan is one of the few lawyers who has taken a securities class action to trial and won a complete jury defense verdict.

Jordan’s clients cover a broad range of industries, including financial services, computer software and hardware, life sciences, manufacturing, and consumer products. He is routinely recognized for his exceptional client service, including in Best Lawyers in America, where a client noted that, “Jordan Eth is in a class of his own. He is deeply knowledgeable and experienced and a natural leader without ego issues. He thinks strategically and is extremely responsive, realistic, and clear in his assessments of situations. He is able to marshal resources within Morrison Foerster as necessary. And if that were not enough, he is easy to work with. I could not recommend him more highly.” Jordan is also regularly praised by clients for his strong courtroom advocacy and deep expertise in securities litigations and class actions:

“Jordan is impressive before the courts. He is straight to the point and his voice carries a lot of weight with the bench.” – Chambers USA

“Jordan understands the CEO mentality with respect to securities actions and navigates the corporate politics of these matters with the same expertise with which he handles the legal case.” – Client

“Jordan Eth is a superstar. He has actual trial experience – extremely rare in securities litigation. He is even-handed, calm and very direct. Very helpful in cutting through the noise with board members.” – Legal 500 USA 

A frequent speaker on securities litigation topics at events and conferences across the United States, Jordan actively participates in programs put on by The SEC Enforcement Forum, the Practising Law Institute, and the Stanford Directors’ College. During Winter Quarter 2012 and Spring Quarter 2017, Jordan taught “Modern Securities Fraud Litigation: Public and Private Enforcement” as an Adjunct at Stanford Law School. He has also authored dozens of articles on securities litigation and is an Executive Committee member on the Securities Litigation Section of the Bar Association of San Francisco.

Jordan served as a law clerk to the Honorable Chief Judge Robert F. Peckham, United States District Court for the Northern District of California, from August 1985 through August 1986. From 1980 through 1982, he worked as an economist in Washington, D.C., first for the United States Department of Energy and then for the Budget Committee of the United States House of Representatives.

Experience

JDS Uniphase Corp.

(N.D. Cal.) Co-led the team that obtained a complete defense verdict on behalf of JDS Uniphase Corp. and its former executives in a securities class action seeking $20 billion for alleged securities fraud and illegal insider trading in the largest securities class action jury trial in history.

Altaba Inc.

(N.D. Cal.) Defeated an effort by three plaintiffs' firms to enjoin the shareholder vote on the $4.5 billion sale of Yahoo's operating assets to Verizon. Represented Altaba (formerly Yahoo!) and its former officers in a securities class action arising out of the then-largest data breach in U.S. history. After defeating a preliminary injunction, negotiated a favorable settlement.

Yahoo!

(9th Cir.; Del.; N.D. Cal., Del. Ch.) Defended Yahoo! and its directors and officers against multiple securities and derivative claims, including claims arising from a high-profile data breach and from the company’s share buy-back program. These representations included an action in New York Supreme Court Commercial Division, a “demand refused” derivative action, and a California State Court preliminary injunction motion, where he defeated plaintiffs’ attempts to enjoin the stockholder vote on Yahoo!’s $4.5 billion sale of its operating business to Verizon. On multiple occasions, secured dismissal of derivative claims that the Delaware Supreme Court, and Ninth Circuit have affirmed in published opinions.

The Clorox Company

(Alameda Cty. Sup. Ct.) Represented Clorox and its directors in a shareholder suit that sought to undo the results of its 2012 vote on proposals regarding executive compensation and an amendment to increase the number of authorized shares under the company’s stock incentive plan. Won a complete defense verdict.

Level 3 Communications, Inc.

(D. Colo.; 10th Cir.) Represented Level 3 and its executives and directors in a securities class action arising out of its acquisition of another company. Won a motion to dismiss. The Tenth Circuit Court of Appeals affirmed the dismissal.

Solazyme

(N.D. Cal.) Represented Solazyme and its executives and directors in a securities class action that challenged the accuracy of statements relating to the company’s launch of a new production facility overseas. Won a motion to dismiss with prejudice.

Capital One

(E.D. Va.) Represented Capital One in shareholder derivative litigation alleging breach of the duty of loyalty, corporate waste, and unjust enrichment. Won a motion to dismiss without leave to amend.

Oracle

(N.D. Cal.) Represents the board of directors of Oracle in a shareholder derivative action that followed on the heels of a federal securities class action pending in the same court related to the company’s Cloud business. Also represented Oracle in multiple shareholder derivative litigations after it announced a $199.5 million settlement of a qui tam action. Guided all matters to a single mediation, which resulted in a favorable global settlement.

Fitbit, Inc.

(N.D. Cal.; San Francisco Sup. Ct.; D. Del.) Represents Fitbit and its officers and directors in multiple class actions alleging Fitbit misled investors about the accuracy of its heart rate monitoring technology and made accusations of insider trading. In a related case, successfully moved the San Francisco Superior Court to stay the state actions in favor of the federal litigation before negotiating a favorable settlement.

RH

(N.D. Cal.) Represented RH and its officers in defense of claims that they hyped the launch of a new product line. Negotiated a favorable settlement of the case.

Zynga

(N.D. Cal; Super. Ct. San Francisco Cty.) Represented Zynga and its executives and directors in a derivative litigation that alleged breaches of fiduciary duty and insider trading. Negotiated a favorable settlement.

Unity Software Inc.

(N.D. Cal.) Representing Unity Software Inc. and three of its current and former officers in a securities class action suit and multiple derivative suits brought by investors. Won the first round of the motion to dismiss the securities class action.

Current and Former Officers and Directors of GoDaddy

(Del. Ch.) Representing current and former officers and directors of GoDaddy in derivative litigation filed in the Delaware Court of Chancery by a shareholder challenging the company’s $850 million buyout of certain tax benefits held by its founder and pre-IPO private equity investors.

OpenAI

(Super. Ct. San Francisco Cty.) Representing OpenAI and two current executives in a claim for breach of contract, promissory estoppel, breach of fiduciary duty and unfair competition brought by Elon Musk.

MaxLinear, Inc.

(S.D. Cal.) Representing MaxLinear and two of its officers in a suit alleging it made false or misleading statements about the company’s intent to complete a merger with Silicon Motion. Plaintiffs allege that they were injured when MaxLinear terminated the merger, causing the price of Silicon Motion ADSs to fall.

Palo Alto Networks

(N.D. Cal.) Representing Palo Alto Networks in a securities class action alleging that they made false or misleading statements regarding the company’s consolidation initiatives. 

Former CFO of TuSimple Holdings, Inc.

(S.D. Cal.) Representing the former chief financial officer of TuSimple in civil litigation regarding alleged violations of the Securities Act and Exchange Act.

Rankings

Named a Stand-Out Lawyer

Thomson Reuters 2025

Recognized for Bet-the-Company Litigation, Commercial Litigation, Litigation: Securities, and Litigation: Regulatory Enforcement

Best Lawyers in America 2025

Named a “Litigation Star” and “Local Litigation Star” in Securities: California

Benchmark Litigation USA 2025

Named in “500 Leading Litigators in America”

Lawdragon 2025

Top Ranked – Litigation: Securities

Chambers USA 2024

Named among 100 Leading AI and Legal Tech Advisors

Lawdragon 2025

Recognized as “Leading Lawyer” in Securities Litigation: Defense

The Legal 500 USA 2024

Recommended for Securities Litigation: Defense

The Legal 500 USA 2022

Named as a Top 100 Lawyer in California

Daily Journal

Peer Selected: “Most Admired Attorneys”

Law360