Pomerantz to Serve as Lead Counsel in Shareholder Suit Relating to Maui Fires

Last week, Judge Jacqueline Scott Corley of the United States District Court for the Northern District of California named Pomerantz as sole lead counsel in a securities class action against Hawaiian Electric Industries Inc. The case concerns the utility company’s conduct leading up to the deadly fires that broke out in Maui earlier this year.

Pomerantz Named Co-Lead Counsel in Investor Suit Against Peloton

The United States District Court for the Eastern District of New York has named Pomerantz Co-Lead Counsel in a securities class action against Peloton Interactive, Inc. The case involves alleged misstatements and omissions from Peloton regarding the safety of its products.

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…