Pomerantz Law

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To discuss any of these actions please contact:

Robert S. Willoughby

  +1.888.476.6529
or   +1.888.4POMLAW

NOTABLE CASES

POMERANTZ LEADS HISTORIC PETROBRAS SECURITIES CLASS ACTION

The Petrobras Headquarters, Rio de Janeiro, Brazil

The Petrobras Headquarters, Rio de Janeiro, Brazil

Brazil’s energy giant, Petrobras, is accused of a sprawling kickback scheme that involves some of the country's top politicians; Pomerantz leads a group of consolidated class actions on behalf of injured investors.

Co-Managing Partner Jeremy A. Lieberman, who leads the firm’s Petrobras litigation, was recently featured in an article in Brazil’s Piaui journal. [click here to read article]

Co-Managing Partner Jeremy A. Lieberman, who leads the firm’s Petrobras litigation, was recently featured in an article in Brazil’s Piaui journal.
[click here to read article]

In March 2015, Judge Rakoff appointed Pomerantz to lead a consolidated group of securities class actions over revelations of rampant corruption at Brazil’s state-run oil company, Petroleo Brasileiro SA (“Petrobras”). Pomerantz represents lead plaintiff Universities Superannuation Scheme Ltd. (“USS”). On July 9, 2015, Pomerantz won a major victory for Petrobras investors when Judge Rakoff rejected defendants’ motion to dismiss the action.

In February 2016, New York U.S. District Judge Jed S. Rakoff granted class certification in the Petrobras securities litigation, stating: 

“. . . [O]n the basis not only of USS's counsel's prior experience but also the Court's observation of its advocacy over the many months since it was appointed lead counsel, the Court concludes that Pomerantz, the proposed class counsel, is "qualified, experienced and able to conduct the litigation. . . [T]he Pomerantz firm has both the skill and resources to represent the Classes adequately.”

  read more...


Partner, Marc I. Gross

Partner, Marc I. Gross

POMERANTZ
AT THE VANGUARD
OF LITIGATION AGAINST BP

Additional Successes in the Landmark BP Litigation In October 2014, Pomerantz once again secured crucial victories in its ground-breaking litigation over BP plc's ("BP") 2010 Gulf of Mexico oil spill. This time, Pomerantz established the right of individual foreign investors who purchased foreign-traded shares of a foreign corporation to pursue claims for securities fraud in a U.S. court, thereby overcoming obstacles created by the U.S. Supreme Court’s 2010  read more

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A cutting-edge legal theory for investors who purchase securities on foreign exchange


Volume 13, Issue 4 July/August 2016

RECENT ARTICLES:

LEADERSHIP, INTEGRITY, AND RESULTS
Pomerantz is the oldest securities class action firm representing plaintiffs and one of the most respected law firms in the United States. Along with some of the most skillful securities
fraud litigators in the U.S., our client-specific focus, commitment to integrity
and innovative legal strategies have led many of the largest domestic and foreign
institiutional investors to rely upon our advice, counsel and litigation skills.