Pomerantz is proud to announce that, out of a field of more than 10,000 contenders, Lawdragon has honored the Firm’s Managing Partner Jeremy A. Lieberman and Partner and Head of Client Services Jennifer Pafiti as two of the “500 Leading Lawyers in America” for 2021, an elite group of attorneys who “kept showing up” when they were needed and are “shaping the world we're moving into.” Jeremy Lieberman led the litigation of In re Petrobras…
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On January 27, 2021, U.S District Judge Dale S. Fischer of the Central District of California appointed Pomerantz LLP as Lead Counsel on behalf of Lead Plaintiff St. Lucie County Fire District Firefighters Pension Trust Fund in In re First American Financial Corp. Securities Litigation, 20-cv-9781 (C.D. Cal.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that First American Financial Corp. failed…
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On January 26, 2021, U.S District Judge Philip M. Halpern of the Southern District of New York appointed Pomerantz LLP as Co-Lead Counsel on behalf of Lead Plaintiff Pratap Golla in In re Neovasc Inc. Securities Litigation, 20-cv-9313 (S.D.N.Y.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that Neovasc Inc. failed to disclose that the Company had misrepresented the viability of getting approval for its Reducer medical…
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Pomerantz LLP is proud to announce the promotions of attorneys Jennifer Banner Sobers, Samuel J. Adams, Veronica V. Montenegro and Omar Jafri to Of Counsel. Jennifer Banner Sobers focuses her practice on securities litigation. She played an integral role on a securities class action that arose from a multi-billion-dollar kickback and bribery scheme involving Brazil’s largest oil company, Petróleo Brasileiro S.A. - Petrobras. The Firm, as sole Lead Counsel, achieved a historic $3 billion settlement on behalf of defrauded…
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Pomerantz Managing Partner Jeremy A. Lieberman is joining NERA Economic Consulting and other esteemed colleagues in a webinar that examines the current state of securities class actions and trends that will affect it in the future. The January 27th webinar, “The State of Securities Class Actions: 2020 Trends and a Look Ahead,”…
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On January 12, 2021, U.S District Judge Michael W. Fitzgerald of the Central District of California appointed Pomerantz LLP as Co-Lead Counsel on behalf of Lead Plaintiffs Guan Wei Mao and Jun Yu in In re Cheetah Mobile, Inc. Sec. Litig., 20-cv-5696 (C.D. Cal.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that Cheetah Mobile, Inc. failed to disclose that some of the Company’s apps were not…
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On January 6, 2021, U.S District Judge Ramon E. Reyes, Jr. of the Eastern District of New York appointed Pomerantz LLP as Lead Counsel on behalf of Lead Plaintiff Artur Timotheo in Hornea v. GOL Linhas Areas Inteligentes S.A., 20-cv-4243 (E.D.N.Y.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that GOL Linhas…
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On December 28, 2020, U.S District Judge Nelson S. Roman of the Southern District of New York appointed Pomerantz LLP as Co-Lead Counsel on behalf of Co-Lead Plaintiffs Sakari Johansson and John Jay Cappa in In re Loop Industries, Inc. Sec. Litig., 20-cv-8538 (S.D.N.Y.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that Loop Industries…
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On December 28, 2020, U.S District Judge Kevin McNulty of the District of New Jersey appointed Pomerantz LLP as Lead Counsel on behalf of Lead Plaintiff Yun Wang in Karimi v. Deutsche Bank AG, 20-cv-8978 (D.N.J.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations regarding Deutsche Bank AG’s failure to adequately report deficiencies in its anti-money laundering controls.
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On December 21, 2020, U.S District Judge Edwin G. Torres of the Southern District of Florida appointed Pomerantz LLP as Co-Lead Counsel on behalf of Co-Lead Plaintiffs Tianyou Wu, Alexander Yu and H. Marc Joseph in Bush v. Blink Charging Company, 20-cv-23527 (S.D. Fla.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that Blink Charging Company had…
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On December 17, 2020, U.S District Judge William Q. Hayes of the Souther District of California appointed Pomerantz LLP as Lead Counsel on behalf of Lead Plaintiff Ramesh Mahalingam in Bahat v. MEI Pharma, Inc., 20-cv-1543 (S.D. Cal.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that MEI Pharma, Inc. had overstated the efficacy of Pracinostat, one of its new drug candidates.
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On December 11, 2020, U.S District Judge Philip S. Guiierrez of the Central District of California appointed Pomerantz LLP as Lead Counsel on behalf of Lead Plaintiffs Philip Nuccetelli, Alan Cohen, and Roger P. Martyna (collectively, “Colony Credit Investor Group”), in Peters v. Colony Credit Real Estate, 20-cv-8305 (C.D. Cal.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that…
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On December 14, 2020, U.S District Judge Marilyn L. Huff of the Southern District of California appointed Pomerantz LLP as Co-Lead Counsel on behalf of Lead Plaintiff Kevin Kendall in Kendall v. Odonate Therapeutics, Inc., 20-cv-1828 (S.D. Cal.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that Odonate Therapeutics, Inc. had misrepresented the safety and commercial viability of one of its cancer treatments.
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On December 10, 2020 Pomerantz was honored by European Pensions with its prestigious Thought Leadership Award – a recognition that the Firm “has demonstrated the possibility to make a real, material difference to the pension fund space.” In honoring Pomerantz’s thought leadership, European Pensions recognized the Firm’s long tradition of developing innovative ways to advance institutional investors’ interests. Beyond expanding European pension funds’ access…
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On November 13, 2020, U.S District Judge David O. Carter of the Central District of California — Southern Division appointed Pomerantz LLP as Co-Lead Counsel on behalf of Lead Plaintiffs Alejandro Handal, Steven Cardoza, and Homayon Farnoodymeher (collectively, the “Alteryx Investor Group”) in In re Alteryx, Inc. Securities Litigation, 20-cv-1540 (C.D. Cal.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that Alteryx, Inc. failed to disclose…
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On December 9, 2020, U.S District Judge Eric Komitee of the Eastern District of New York appointed Pomerantz LLP as Lead Counsel on behalf of Lead Plaintiff Meitav Dash Provident Funds and Pension Ltd. in Arora v. HDFC Bank Limited, 20-cv-4140 (E.D.N.Y.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that HDFC Bank Limited failed to disclose that the Company had ineffective controls governing its financial reporting and lending practices in its vehicle-financing operations.
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On December 3, 2020, U.S District Judge William J. Martini of the District of New Jersey appointed Pomerantz LLP as Co-Lead Counsel on behalf of Co-Lead Plaintiff Iron Workers Local 580 – Joint Funds in Kanefsky v. Honeywell International Inc., 18-cv-15536 (D.N.J.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that Honeywell International Inc. issued repeated misstatements about its asbestos liabilities.
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On December 2, 2020, U.S District Judge Gloria M. Navarro of the District of Nevada appointed Pomerantz LLP as Lead Counsel on behalf of Lead Plaintiffs Johann Francisconi and Raheel Shahzad (collectively, the “Paysign Investor Group”) in In re Paysign, Inc. Securities Litigation, 20-cv-553 (D. Nev.), a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that Paysign, Inc. failed to disclose that the Company had ineffective controls governing its financial reporting and information technology.
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On December 1, 2020, U.S District Judge Stephen V. Wilson of the Central District of California appointed Pomerantz LLP as Lead Counsel on behalf of Lead Plaintiff Bernard Bednarz in Jason Hamlin v. YayYo, Inc. et al, 2:20-cv-08235-SVW-AFM, a securities litigation being pursued on behalf of a class of defrauded investors concerning allegations that YayYo, Inc. issued a materially deficient Registration Statement for its initial public offering, violating their independent, affirmative duty to provide adequate disclosures about adverse conditions, risk, and uncertainties.
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On November 25, 2020, Pomerantz scored a victory for injured Zynerba Pharmaceuticals, Inc. (“Zynerba”) shareholders when Judge Nitza I. Quiñones Alejandro of the United States District Court in the Eastern District of Pennsylvania, issued an order in Whiteley v. Zynerba Pharmaceuticals, Inc. et al (2:19-cv-04959-NIQA) denying in the defendants’ motion to dismiss the class action complaint. The complaint alleges that the defendants issued misleading statements touting Zygel and the BELIEVE I Trial, and representing Zygel as addressing safety issues with current treatment options…
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