Mr. Prussin joined Pomerantz as Of Counsel in June 2000. He graduated cum laude from Yale College in 1969, obtained a Masters Degree from the University of Michigan in 1971, and received his J.D. degree from Harvard Law School in 1974.
In addition to securities litigation, Mr. Prussin has extensive experience in derivative actions. Mr. Prussin was special litigation counsel in the derivative actions on behalf of Summit Metals, Inc., actions which resulted in entry of a judgment, after trial, of $43 million in cash, plus an order transferring the stock of two multi-million-dollar companies to the plaintiff. Mr. Prussin is co-lead counsel in several of Pomerantz’s pending derivative actions.
Mr. Prussin has published several articles on the subject of the standards and procedures for the maintenance or dismissal of derivative actions, including Termination of Derivative Suits Against Directors on Business Judgement Grounds: From Zapata to Aronson,” 39 The Business Lawyer 1503 (1984); “Dismissal of Derivative Actions Under the Business Judgement Rule: Zapata One Year Later,” 38 The Business Lawyer 401 (1983); and “The Business Judgement Rule and Shareholder Derivative Actions: Viva Zapata?,” 37 The Business Lawyer 27 (1981).
Before joining the Firm, Mr. Prussin was a named partner in Silverman, Harnes, Harnes, Prussin & Keller, which specializes in representing plaintiffs in shareholder derivative and class action litigation, particularly those involving self-dealing by corporate officers, directors and controlling shareholders. Mr. Prussin played a key role in several landmark derivative cases in the Delaware courts, and has appeared frequently before the Delaware Supreme Court.
Prior to joining Silverman, Harnes in 1994, Mr. Prussin was Of Counsel to Weil, Gotshal & Manges. While there, he represented numerous corporate defendants in shareholder derivative actions and class actions, and also in general commercial, bankruptcy and antitrust disputes.
Mr. Prussin is admitted to the bar of the state of New York.