Pomerantz Appointed Co-Lead Counsel in Amazon.com Securities Litigation

On July 22, 2022, U.S. District Judge John H. Chun of the Western District of Washington appointed Pomerantz LLP as Co-Lead Counsel on behalf of Menora Mivtachim Insurance Ltd., Menora Mivtachim Pensions and Gemel Ltd., The Phoenix Insurance Company, Ltd. and The Phoenix Provident Pension Fund Ltd. – the Co-Lead Plaintiffs, and the class, in Joyce v. Amazon.com, Inc., 22-cv-617 (W.D. Wash.). This securities action alleges that Amazon.com, Inc. misled the market by concealing that it had engaged in anticompetitive behavior. Amazon is a multinational company that engages primarily in the businesses of e-commerce, cloud computing…