Pomerantz LLP > New York, NY, United States > Firm Profile

Pomerantz LLP
600 THIRD AVENUE
NEW YORK 10016
NEW YORK
United States

Dispute resolution > Securities litigation: plaintiff Tier 2

The team were easy to work with, detailed in preparation and punctual', say clients of Pomerantz LLP, noting that the lawyers ‘give clear advice and their reporting is second to none'. The firm’s track record hinges on the $3bn settlement it secured for investors in Brazil’s state-run oil company, Petrobras, which remains the fifth-largest securities fraud settlement in US history. In the New York office, Jeremy A. Lieberman leads the ‘efficient and attentive’ group, in which Emma Gilmore is among the standout partners. Together, they secured $26,5m for lead plaintiff Yun Wang in a securities class action brought against Deutsche Bank for its misstatements about the efficiency of its anti-money laundering and Know-Your-Customer controls. Tamar Weinrib is also recognised as an ‘exceptionally well-prepared, organized, highly competent, and effective’ partner, having defeated motions to dismiss in Theodore v. Purecycle Technologies, Inc. et al., which concerns a de-SPAC transaction in 2021. Michael J. Wernke and Austin Van are also key members of the practice. Head of client services Jennifer Pafiti, who divides her time between the Los Angeles and London offices, ‘has excellent industry knowledge and her personable style makes her a go-to advisor’.

Practice head(s):

Jeremy A. Lieberman

Other key lawyers:

Testimonials

‘The team were easy to work with, detailed in preparation and punctual.’

‘I was impressed with their professionalism.’

‘Pomerantz give clear advice in their communications to their clients. Their reporting is second to none, head and shoulders above the opposition.’

‘Jennifer Pafiti and Jeremy A. Lieberman are excellent in their communications and explanations of the legal and technical details of cases.’

‘Jennifer Pafiti has excellent industry knowledge and her personable style makes her a go-to advisor in this area.’

‘The team at Pomerantz is efficient and attentive.’

‘I was particularly impressed with Tamar Weinrib. She was always exceptionally well-prepared, organized, highly competent, and effective. I found her to be accessible and observed that she clearly loved what she does as well as excelled in it.’

‘Pomerantz firm is small enough to still have that very personal feeling. They give you their unlimited attention.’

Key clients

Atudot Pension Fund for Employees and Independent Workers

Caisse des Dépôts et Consignations

Clal finance Betucha Investment Management

Employees’ Retirement System of the State of Hawaii

Iron Workers Locals 40, 361 & 417 Union Security Funds

Iron Workers Local 580 Joint Funds

Meitav Dash Investments Ltd.

Menora Mivtachim Insurance Ltd.

Migdal Insurance Co.

Phoenix Insurance Company Ltd.

Port Arthur Firemen’s Relief & Retirement Fund

Tellus Fonder AB

Temple Firefighters Relief and Retirement Fund

Tesco Pensions Investment Limited

Texas City Firefighter’s Relief & Retirement Fund

Work highlights

  • As sole Lead Counsel, secured final approval of a $26.25 million settlement for investors in a class action brought against the Bank concerning deficiencies in its anti-money laundering and know-your-customer controls. The Bank’s onboarding of convicted sex offender Jeffrey Epstein and individuals linked to terrorism were at the heart of this case.
  • Secured final court approval of a $74 million settlement on behalf of the investor class in a securities class action that arose from alleged misstatements by the company regarding the safety of the insulation panels that were later implicated in the Grenfell tower fire in London that killed 72 people in June 2017, the deadliest UK fire in more than a century.
  • Secured final court approval of a $22 million settlement on behalf of the investor class in a securities class action that arose from Medicare provider Clover Health’s alleged kickbacks and undisclosed third-party deals. Formed by “SPAC King” Chamath Palihapitiya, Clover raised $3.7 billion in its merger, before it was revealed that it had been under investigation by the U.S. Department of Justice even during its SPAC combination.

History:  Pomerantz LLP is one of the most respected law firms in the United States dedicated to representing investors. The firm was founded in 1936 by the late Abraham L. Pomerantz, widely regarded as a legal pioneer and “dean” of the plaintiffs’ securities bar, who helped secure the right of investors to bring class and derivative actions.

Leadership:  Today, led by managing partner Jeremy A Lieberman, the firm maintains the commitments to excellence and integrity passed down by Abe Pomerantz.

Results:  In 2018, Pomerantz achieved a historic $3bn settlement for defrauded investors as well as precedent-setting legal rulings, in In re Petrobras Securities Litigation. Pomerantz consistently shapes the law, having won landmark decisions that expanded and protected investor rights and initiated historic corporate governance reforms, including securing the rights of US and foreign institutions that purchased BP shares abroad to bring common law claims in US court.

Global expertise:  Jennifer Pafiti, partner and head of client services, is dually qualified to practice in the United States and United Kingdom. Our Paris office is headed by French lawyer, Nicolas Tatin, Pomerantz’s director-business development consultant for France, Benelux, Monaco and Switzerland. Attorneys Eitan Lavie and Orly Guy head our Tel Aviv office. In addition to the firm’s in-house teams, Pomerantz utilizes an extensive network of prominent law firms in the United Kingdom, Switzerland, and the Middle East, so that we are ready to assist clients, wherever they are situated, in recovering monies lost due to corporate misconduct and securities fraud. Our team of attorneys is collectively fluent in English, Arabic, Mandarin Chinese, Farsi, French, Hebrew, Italian, Portuguese, Romanian, Russian, Spanish, Taiwanese and Ukranian.

Practice:  Pomerantz protects, expands, and vindicates shareholder rights through our securities litigation services and portfolio monitoring program. The firm represents some of the largest pension funds, asset managers and institutional investors around the globe, monitoring assets of over $6.8 trillion, and growing. Pomerantz’s practice includes corporate governance, antitrust, and strategic consumer litigation.

Recognition:  In 2021, Jeremy Lieberman and Jennifer Pafiti were honored by Lawdragon as among the 500 Leading Lawyers in the United States, and Pomerantz was ranked as a top plaintiffs’ firm by both The Legal 500 and Chambers USA. In 2020, Pomerantz was named Plaintiff Firm of the Year by Benchmark Litigation, received European Pensions’ Thought Leadership Award; the New York Law Journal honored Jeremy Lieberman as a Distinguished Leader. In 2019, Jeremy Lieberman was named Plaintiff Attorney of the Year by Benchmark Litigation, and Pomerantz received Benchmark Litigation’s National Case Impact Award for In re Petrobras Securities Litig. In 2018, Pomerantz was a Law360 Securities Practice Group of the Year and a finalist for the National Law Journal’s Elite Trial Lawyers award; Jeremy Lieberman was named a Law360 Titan of the Plaintiffs’ Bar and a Benchmark Litigation Star. Among other accolades, many of our attorneys have been chosen by their peers, year after year, as Super Lawyers® Top-Rated Securities Litigation Attorneys and Rising Stars.

Pomerantz is headquartered in New York City, with offices in Chicago, Los Angeles, Paris and Tel Aviv.

Department Name Email Telephone
Securities litigation Jeremy A Lieberman jalieberman@pomlaw.com +1 212 661 1100
Securities litigation Patrick V Dahlstrom pdahlstrom@pomlaw.com +1 312 377 1181
Corporate governance Gustavo F Bruckner gfbruckner@pomlaw.com +1 212 661 1100
Securities litigation Jennifer Pafiti jpafiti@pomlaw.com +1 310 405 7190
Photo Name Position Profile
Samuel J. Adams photo Mr Samuel J. Adams Of Counsel
Ari Y. Basser photo Mr Ari Y. Basser Of Counsel
Ari Y. Basser photo Mr Ari Y. Basser Of Counsel
Daryoush Behbood photo Mr Daryoush Behbood Associate
Gustavo F. Bruckner photo Mr Gustavo F. Bruckner Partner
Brian Calandra photo Brian Calandra Of Counsel
Brandon Cordovi photo Brandon Cordovi Associate
Jay Douglas Dean photo Mr Jay Douglas Dean Staff Attorney
Jessica N. Dell photo Ms Jessica N. Dell Associate
Dolgora Dorzhieva photo Ms Dolgora Dorzhieva Associate
Dean P. Ferrogari photo Dean P. Ferrogari Brooklyn Law School
Emma Gilmore photo Ms Emma Gilmore Partner
Marc I. Gross photo Mr Marc I. Gross Senior Counsel
Stanley M. Grossman photo Mr Stanley M. Grossman Senior Counsel
Michael Grunfeld photo Mr Michael Grunfeld Partner
J. Alexander Hood II photo Mr J. Alexander Hood II Of Counsel
Timor Lahav photo Timor Lahav Staff Attorney
Jeremy A. Lieberman photo Mr Jeremy A. Lieberman Managing Partner
James M. LoPiano photo Mr James M. LoPiano Associate
Lauren  Molinaro photo Lauren Molinaro Associate
Veronica V. Montenegro photo Ms Veronica V. Montenegro Of Counsel
Jonathan D.  Park photo Jonathan D. Park Of Counsel
Laura M. Perrone photo Ms Laura M. Perrone Staff Attorney
Thomas Przybylowski photo Mr Thomas Przybylowski Associate
Elina Rakhlin photo Elina Rakhlin Associate
Jason  Ratigan photo Jason Ratigan Staff Attorney
Villi Shteyn photo Mr Villi Shteyn Associate
Jennifer Banner Sobers photo Ms Jennifer Banner Sobers Of Counsel
Brenda Szydlo photo Ms Brenda Szydlo Partner
Nicolas Tatin photo Mr Nicolas Tatin Of Counsel
Allison Tierney photo Ms Allison Tierney Staff Attorney
Matthew L. Tuccillo photo Mr Matthew L. Tuccillo Partner
Austin P. Van photo Mr Austin P. Van Partner
Murielle Steven Walsh photo Ms Murielle Steven Walsh Partner
Tamar A. Weinrib photo Ms Tamar A. Weinrib Partner
Michael J. Wernke photo Mr Michael J. Wernke Partner
Number of Partners : 13
Number of Other Fee-Earners : 60
English (fluent)
Arabic
Chinese (Mandarin)
Farsi (Persian)
French
Italian
Portuguese
Romanian
Spanish
Taiwanese
Managing Partner : Jeremy A Lieberman (jalieberman@pomlaw.com)