On August 25, 2020, Lawdragon honored 15 Pomerantz attorneys as members of their list of the top 500 Leading Plaintiff Financial Lawyers in America for 2020. Lawdragon says “the heart and soul of this list takes on the plight of plaintiffs who often can’t afford to go to court for the wrong they’ve been done,” and the Firm is proud to be part of that fight.
Pomerantz Appointed Lead Counsel in Casper Sleep Securities Litigation
On August 27, 2020, U.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.
Pomerantz Appointed Lead Counsel in GSX Techedu Securities Litigation
Lead CounselOn August 26, 2020, U.S. District Judge Cathy L. Waldor of the District of New Jersey appointed Pomerantz LLP as Lead Counsel in Wu v. GSX Techedu Inc. et al , a securities litigation class action. GSX Techedu Inc. is a technology-driven education company that provides online K- 12 after-school tutoring services in China…
Michael Grunfeld and Austin P. Van Named to Benchmark Litigation’s 40 & Under Hot List
Pomerantz LLP Appointed Lead Counsel in DouYu International Holdings Limited Securities Litigation
Emma Gilmore honored as one of the Top 250 Women Litigators by Benchmark Litigation
AwardsPomerantz 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. Benchmark Litigation chose the honorees after an extensive, months-long research process…
Pomerantz Appointed Co-Lead Counsel in E-House Securities Litigation
On August 12, 2020, U.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.)). E-House touts itself…
Pomerantz LLP Appointed Lead Counsel in Hamilton Beach Brands Holding Company Securities Litigation
On July 28, 2020, Pomerantz 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.
Pomerantz LLP Appointed Lead Counsel in iAnthus Capital Holdings, Inc. Securities Litigation
Lead CounselOn July 9, 2020, Pomerantz 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.
Pomerantz Associate Jennifer Banner Sobers Recognized as a 2020 Law360 Rising Star
AwardsThis 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.
Pomerantz Senior Counsel Stanley M. Grossman Wins Lifetime Achievement Award from the New York Law Journal
AwardsThroughout 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.
Pomerantz Managing Partner Jeremy A. Lieberman Recognized as a Distinguished Leader by the New York Law Journal
AwardsAs 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.
Pomerantz Associate Jennifer Banner Sobers Named as a 2020 New York Law Journal Rising Star
AwardsEvery 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.
Pomerantz LLP Appointed Co-Lead Counsel in In re PharmaCielo Ltd. Securities Litigation
On 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.
Pomerantz LLP Appointed Lead Counsel in Funko, Inc. Securities Litigation
Pomerantz Ranked by The Legal 500 as a Top Plaintiffs' Securities Litigation Firm
After 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. Describing their experiences with Pomerantz, the interviewees said: “They are clearly the future of securities litigation practice in New York.”
Pomerantz Achieves Victory for Investors in Acadia Class Action
In 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. Tamar A. Weinrib, the Pomerantz partner leading the litigation, said, “we are gratified by Judge Battaglia’s decision as it marks a significant achievement for investors seeking to recover losses due to defendants’ fraud.”
Pomerantz LLP Appointed Lead Counsel in 2U, Inc. Securities Litigation
On 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, program-specific setbacks, and the collapse of the sustainability of its business model, while it continually vacillated on its revenue guidance.
Pomerantz LLP Appointed Lead Counsel in Sprint Corporation Securities Litigation
Pomerantz was appointed Lead Counsel in a securities litigation class action lawsuit against Sprint Corporation, concerning allegations that Sprint made deceptive statements to shareholders highlighting 309,000 postpaid net additions, when factually the additions were not new customers, but other, less valuable additions.
Pomerantz LLP Appointed Lead Counsel in X Financial Securities Litigation
On 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.