Tesco plc Investor Claims Foundation
Pomerantz has formed a Dutch settlement foundation, or stichting, which seeks to provide investors in Tesco plc (“Tesco” or the “Company”) with an out-of-court solution to resolve the October 2014 disclosure errors that resulted in losses associated with purchases and/or sales of Tesco securities on the London Stock Exchange between September 22, 2014 and April 20, 2015 (the “Class Period”).
Tesco, based in the United Kingdom, is one of the world’s largest grocery stores. Read More
Volkswagen Investor Claims Foundation
Pomerantz has formed a Dutch settlement foundation, or stichting, for the purpose of providing investors in Volkswagen AG (“Volkswagen” or the “Company”) with a collective class-wide settlement on behalf of Volkswagen’s non-U.S. investors arising out of the Company’s systemic use of “defeat devices” to cheat U.S. emissions tests since 2008 and the ensuing recall of 11 million Volkswagen diesel vehicles. Read More