The National Law Journal: Plaintiffs Attorneys Expect 2023 to Be Record-Setting Year for Securities Litigation Results
For its analysis of trends in securities litigation for 2023, The National Law Journal spoke with Pomerantz Managing Partner Jeremy A. Lieberman about litigation that might arise this year from the troubled commercial real estate market, Big Tech’s failure to protect customer data, and “greenwashing” and other ESG-related allegations, especially in international jurisdictions.
“All over Europe, as regulators start to require concrete disclosures regarding environmental risk, you’re going to see cases about that,” Lieberman said. So far, in the United States, it will be more challenging to bring these types of litigation. “It’s a big leap,” to get to court and bring cases based on ESG disclosure fraud, “but clients want it.”
Read Christine Schiffner’s full article in The National Law Journal here: “Plaintiffs Attorneys Expect 2023 to Be Record-Setting Year for Securities Litigation Results.”