Pomerantz Ranked by Chambers USA as a Top Plaintiffs’ Securities Litigation Firm
Chambers and Partners has recognized Pomerantz LLP as one of the top plaintiffs’ securities litigation firms in the nation and in New York in 2020.
Praising Pomerantz as “a prominent player on the plaintiffs' side,” Chambers credits the Firm for being a “highly regarded force” that is “known for taking on major corporate issuers” through securities class actions and shareholder derivative lawsuits. Chambers also noted that Pomerantz is a “visible force” in the field, achieving “some of the largest settlements of the past few years on a nationwide level.”
The firm has recovered billions of dollars on behalf of defrauded investors, with many settlements breaking previously held records. The $3 billion settlement achieved by Pomerantz in 2018 on behalf of defrauded Petrobras investors represents 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.
Other recent Firm victories include a $110 million settlement in a high-profile securities class action against Fiat Chrysler related to ‘defeat devices’ designed to cheat emissions regulations and an $80 million settlement in a ground-breaking securities class action against Yahoo! following massive data breaches that compromised the personal information of all 3 billion Yahoo customers.
Pomerantz’s securities litigation practice, led by Managing Partner Jeremy A. Lieberman, 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. Its proprietary, state-of-the art PomTrack® portfolio monitoring system currently safeguards over $5.6 trillion in assets under management and continues to grow.
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.
Visit Chambers.com to see our ranking and learn more about how Chambers identifies and ranks the world’s best law firms.