In November 2016, Pomerantz, as sole lead counsel in a securities class action against Lumber Liquidators, achieved a settlement of $26 million in cash and 1,000,000 shares of the company’s stock, valued at approximately $16 million.
Pomerantz represents Banco Safra SA, one of the largest banks in Brazil, in a class action against Samarco Mineracao SA, relating to the loss in value to the company’s bonds triggered by the Fundão dam-burst disaster.
Pomerantz is lead counsel on behalf of all lending institutions in the United States in a class action arising out of the LIBOR rate-fixing scandal, which impacted trillions of dollars in investments.
Pomerantz is lead counsel in a class action against Barclay’s. Our complaint alleged that, while Barclay's stated that it monitored the "dark pool" to eliminate “toxic” trading, it actively encouraged predatory traders to enter it.
Pomerantz leads a class action again Deutsche Bank AG, arising from its lack of controls against financing terrorism, money laundering, aiding against international sanctions, and committing financial crimes.
Pomerantz is co-lead counsel in this high-profile class action against Fiat Chrysler, for misrepresentations about the company’s business practices that caused at least 3.1 million Chrysler cars and trucks to be unsafe to drive.