Pomerantz LLP

‘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’.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

'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.