Filtered by Tag: Jeremy A. Lieberman
On March 1, 2023, U.S. District Judge Andrew P. Gordon of the District of Nevada granted plaintiffs’ motion for class certification and appointed Pomerantz as Lead Counsel on behalf of the Lead Plaintiffs – John V. Ferris, JoAnn Ferris, Jeffrey Larsen – and the class in Ferris, et al. v. Wynn Resorts Ltd., et al., No. 2:18-cv-00479-APG-DJA (D. Nev.). This securities fraud class action arises from Wynn Resorts Limited’s concealment of a long-running pattern of alleged sexual misconduct by CEO and founder Stephen Wynn against female employees of the company. The alleged misconduct first came to light in January 2018 with the publication of a Wall Street Journal article detailing numerous…
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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…
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Jeremy Lieberman, Pomerantz’s Managing Partner, and Jennifer Pafiti, Partner and Head of Client Services, were named to Lawdragon’s list of the 500 Leading Lawyers in America for 2023. Lawdragon’s list “celebrates attorneys who shaped the legal industry in the past year and beyond.” Jeremy led the securities class action litigation against Brazil’s largest oil company, Petróleo Brasileiro S.A. – Petrobras, which arose from a decades long, multi-billion-dollar kickback and bribery scheme. In 2018, Pomerantz, as sole Lead Counsel, achieved a historic $3 billion settlement for the Class – the largest securities class action settlement in a decade, the largest settlement ever in a securities class action involving…
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For the third year running, Pomerantz has been recognized by Benchmark Litigation as one of the top plaintiffs’ securities litigation firms in the United States. Benchmark has also honored individual Pomerantz partners as litigation stars. Following Benchmark’s “most comprehensive” review of the litigation market to date, featuring a reportedly record-breaking number of firms vying for rankings, Benchmark praised Pomerantz’s “prodigious capacity for cases and its tenacity to keep pursuing them.” Specifically, Benchmark cited the “eye-popping $3 billion settlement” with…
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Pomerantz won an important victory for investors on May 18, 2022, when Judge Jed S. Rakoff of the United States District Court for the Southern District of New York denied in large part defendants’ motion to dismiss all claims for securities fraud in Karimi v. Deutsche Bank AG, a securities class action in which Pomerantz is sole Lead Counsel. The complaint alleges that from November 7, 2018 through July 6, 2020 (the “Class Period”), defendants made materially false and misleading statements about its anti-money-laundering (“AML”) deficiencies and didn’t properly monitor or gave exemptions to customers it considered high risk, such as financier and accused sex offender Jeffrey Epstein.
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On Monday, June 21, the United States Supreme Court, in a 6-3 decision, handed down its decision in the closely watched Goldman Sachs Group Inc. et al v. Arkansas Teachers Retirement System, et al. (No. 20-222). The Supreme Court ruling on the issue of evidence was in accord with arguments presented by Pomerantz LLP, which had submitted the sole amicus brief on the hotly contested issue: whether, in order to rebut the presumption of reliance originated by the Court in the landmark Basic v. Levinson decision…
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Chambers USA has ranked Pomerantz Managing Partner Jeremy A. Lieberman as one of the top plaintiffs’ lawyers in the nation and, for the second year running, has recognized Pomerantz as one of the top plaintiffs’ securities litigation firms in the nation and New York in 2021. Praising Pomerantz’s increasing visibility as “highly regarded force” and a “a prominent player” on the plaintiffs’ side of securities class actions…
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On March 12, 2021, in Klein v. Altria Group, Inc. et al (3:20-cv-00075-DJNVAED), U.S. District Judge David J. Novak in the Eastern District of Virginia denied Altria Group, Inc.’s (“Altria”) and JUUL Labs, Inc’s (“JUUL”) motions to dismiss the plaintiffs’ complaint. The complaint alleges Exchange Act violations against JUUL, Altria and certain officers of each arising from Altria’s investment in JUUL and the failure to disclose their marketing of highly addictive nicotine products to kids…
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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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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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Pomerantz LLP won a major victory for investors when the Ninth Circuit Court of Appeals reversed, in part, the district court’s dismissal of a securities fraud class action against BofI Holding, Inc., now known as Axos Financial Inc., on loss causation grounds. BofI, short for Bank of Internet, operated as the holding company for BofI Federal Bank, now known as Axos Bank. Pomerantz is lead counsel in this litigation, in which it is alleged that BofI misled investors by misrepresenting and omitting material information in their public statements…
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Benchmark Litigation has recognized Pomerantz LLP as one of the top plaintiffs’ securities litigation firms in the U.S. for 2021, and honored individual Pomerantz partners as litigation stars.
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