Pomerantz LLP was appointed Lead Counsel in a securities litigation class action lawsuit against GSX Techedu, Inc. concerning allegations that GSX artificially inflated its value by, among other things, overstating its profitability, revenue, student enrollment figures, teacher qualifications, and teacher selection process at the time of its IPO, damaging its financial sustainability.
Read MoreU.S. District Judge Margo K. Brodie of the Eastern District of New York appointed Pomerantz LLP as Lead Counsel in Lematta v. Casper Sleep, Inc. et al. This securities litigation class action concerns allegations that Casper Sleep, Inc. failed to disclose adverse facts that existed at the time of its IPO.
Read MorePomerantz is proud to announce that Partners Michael Grunfeld and Austin P. Van were named to Benchmark Litigation’s 40 & Under Hot List for 2020.
Read MoreU.S. District Judge Stephen V. Wilson of the Central District of California appointed Pomerantz LLP as Lead Counsel on behalf of Lead Plaintiff Li Yunyan in the In Re DouYu International Holdings Limited Securities Litigation class action.
Read MorePomerantz is proud to announce that Partner Emma Gilmore has been named one of the Top 250 Women in Litigation in 2020 by Benchmark Litigation. She is one of only seven plaintiffs’ lawyers in the country to earn a place on the list.
Read MoreU.S. District Judge Edgardo Ramos of the Southern District of New York appointed Pomerantz LLP as Co-Lead Counsel on behalf of Co-Lead Plaintiff Altimeo Asset Management in the Maso Capital Investments Limited v. E-House (China) Holdings Limited securities class action (20-cv-2943 (S.D.N.Y.)).
Read MorePomerantz LLP was appointed Lead Counsel in a securities litigation class action suit against Hamilton Beach Brands Holding Company, concerning allegations of inaccurate financial disclosure methods, especially with respect to one of its Mexican subsidiaries, which caused accounting irregularities.
Read MorePomerantz LLP was appointed Lead Counsel in a securities litigation class action lawsuit against iAnthus Capital Holdings, Inc., concerning allegations that the company issued contradictory statements regarding its ability to make its interest payments by use of escrowed funds, ending in a default in April 2020.
Read MoreThis week, Law360 named Pomerantz attorney Jennifer Banner as one of the top attorneys in the United States under 40 years of age. A team of editors a Law360 carefully reviewed more than 1,300 nominations in order to find those attorneys whose “legal accomplishments transcend their age.” This year, Jennifer has also been recognized by the New York Law Journal as one of the New York Metro area’s most promising lawyers, ages 40 and younger, with their Rising Stars award.
Read MoreThroughout his five decades as an attorney, Mr. Grossman has enjoyed a distinguished legal career as a tireless defender of shareholder rights and a champion for injured investors. He has been praised by the courts and recognized as a leader of the plaintiffs’ securities bar as he litigated landmark cases across the nation and before the United States Supreme Court, shaping the law.
Read MoreAs Managing Partner of Pomerantz LLP, Jeremy oversees the entire firm and all of its practices –securities fraud, derivative, consumer, and antitrust litigation. Under his leadership, Pomerantz has expanded its reach from national to global; exponentially increased its worldwide client base of influential institutional investors; and achieved a historic $3 billion settlement for defrauded Petrobras investors as well as other record-breaking settlements.
Read MoreEvery year, in a highly competitive race, the New York Law Journal recognizes the most promising New York Metro area lawyers, ages 40 and younger, with their Rising Stars award. With the announcement of the 2020 winners, Pomerantz attorney Jennifer Banner Sobers joins a field of exceptional partners as the only associate to receive this honor this year.
Read MoreOn June 22, 2020, Pomerantz LLP was appointed Lead Counsel in a securities litigation class action lawsuit against PharmaCielo Ltd. concerning allegations that the company engaged in misleading transactions and loans with its multi-distributor, and concealed numerous businesses inefficiencies, contamination in some facilities, and outright interoperability.
Read MorePomerantz LLP was appointed Lead Counsel in a securities litigation class action lawsuit against Funko, Inc., concerning allegations that the company concealed its lower than average sales volume and was likely to incur a writedown of its inventory.
Read MoreAfter an in-depth vetting process that involved discussions with more than three dozen clients, colleagues, and judges, The Legal 500 ranked Pomerantz as one of the top plaintiffs’ securities litigation firms in the United States.
Read MoreIn an exciting victory for aggrieved Acadia investors, on June 1, 2020, Judge Anthony J. Battaglia of the United States District Court in the Southern District of California, issued an order in In Re Acadia Pharmaceuticals Inc. Securities Litigation granting in part and denying in part Defendants’ motion to dismiss…
Read MoreOn June 3, 2020, Pomerantz LLP was appointed Lead Counsel in an action against 2U, Inc., concerning false positive statements the company made that failed to disclose the increasing competition the company faced in online education …
Read MorePomerantz was appointed Lead Counsel in a securities litigation class action lawsuit against Sprint Corporation, concerning allegations that Sprint made deceptive statements to shareholders …
Read MoreOn May 13, 2020, Pomerantz was appointed Lead Counsel in a class action flied against X Financial, concerning allegations of false or misleading statements by X Financial in its SEC registration statement as to the “continued growth” of its investor base, which rendered the statement inaccurate or misleading.
Read MoreOn May 4, 2020, the 11th Circuit reversed, in part, the district court’s decision in dismissing the Complaint in Luzcak v. National Beverage. The Complaint asserts claims under Sections 10(b) and 20(a) of the Exchange Act charging that Defendants engaged in fraud by misrepresenting alleged “proprietary” metrics “that were key performance indicators” and created National Beverage’s growth…
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