Pomerantz and Partners Ranked by Benchmark Litigation as a Top Plaintiffs’ Securities Litigation Firm and Attorneys for 2022

Benchmark Litigation, in their rankings for 2022, has again recognized Pomerantz LLP as one of the top plaintiffs’ securities litigation firms in the United States and has honored individual Pomerantz partners as litigation stars.

Benchmark praised Pomerantz’s “prodigious capacity for cases and its tenacity to keep pursuing them,” citing the “eye-popping $3 billion settlement” with Petrobras, the Brazilian energy giant, that was achieved by the Firm as sole lead counsel for the class, along with lead plaintiff Universities Superannuation Scheme Limited.

The Petrobras settlement in 2018 still stands as the largest securities class action settlement in a decade, the largest settlement ever in a class action involving a foreign issuer, the largest settlement ever achieved by a foreign lead plaintiff, the largest class action settlement ever not to involve a restatement of financials and the fifth-largest class action settlement ever achieved in the United States.

Benchmark also cited the “ground-breaking precedent” that Pomerantz set for global investors in Perrigo, when it secured the first certification of parallel classes of investors, domestic and international, that purchased dually listed securities on the New York Stock Exchange and the Tel Aviv Stock Exchange, since the U.S. Supreme Court’s decision in Morrison v. Nat’l Australia Bank Ltd., 561 U.S. 247 (2010) barred use of U.S. securities laws to recover losses in foreign-traded securities. Benchmark also noted the Firm’s achievements in ongoing litigation against pharmaceutical giant Mylan – one of the largest securities class actions pending anywhere – and recent settlements with TechnipFMC and LIBOR contributor panel banks.

Partners Murielle Steven Walsh and Matthew L. Tuccillo were also honored by Benchmark Litigation as Litigation Stars, in recognition of their accomplishments as “outstanding individuals” who are “highly regarded by their peers and possess a strong case record” – joining Managing Partner Jeremy A. Lieberman, Partner Emma Gilmore and Senior Counsel Patrick V. Dahlstrom, who were awarded this honor in 2021 and again this year.

Partner Austin P. Van, recognized last year on Benchmark’s 40 and Under Hotlist, was honored as a Rising Star for 2022, joining Partner and Head of Client Services Jennifer Pafiti, a Benchmark Rising Star last year and again for 2022, as one of the “ones to watch” as they continue to build their reputations in the market on their way to becoming litigation stars.

Pomerantz is the oldest law firm in the world dedicated to representing defrauded investors. Throughout its history, Pomerantz has shaped the law, winning landmark decisions that have expanded investor rights and initiated historic corporate governance reform. The Firm’s securities litigation practice represents institutional and individual plaintiffs in class and private actions. Pomerantz’s clients include some of the most influential pension funds, asset managers and institutional investors from around the globe.

PomTrack®, the Firm’s proprietary, state-of-the-art portfolio monitoring service, monitors a fund’s investments and cross-references trading data to identify potential exposure in securities class action claims and settlements. PomTrack® alerts fiduciaries when their portfolios suffer significant loss due to financial misconduct, allowing them to make informed, timely decisions on how best to maximize a recovery. Pomerantz monitors the portfolios of some of the most influential institutional investors worldwide, monitoring assets in excess of $6.8 trillion, and growing.

Visit Pomerantz’s profile on BenchmarkLitigation.com to learn more about our rankings and PomLaw.com to learn more about the Firm, our work and our attorneys.