Omar Jafri’s practice focuses on securities fraud litigation. Omar played an integral role in In re Juno Therapeutics, Inc. Securities Litigation, in which the Firm, as Lead Counsel, achieved a $24 million settlement for the Class in 2018. Omar also played an integral role where Pomerantz was Lead or Co-Lead Counsel in In re Aveo Pharmaceuticals, Inc. Securities Litigation ($18 million settlement, which was more than four times larger than the SEC’s fair fund recovery in its parallel litigation); Sudunagunta v. NantKwest, Inc. ($12 million settlement); and Thomas v. MagnaChip Semiconductor Corp. Securities Litigation ($6.2 million settlement with majority shareholder, Avenue Capital). Omar currently plays a key role in the Firm’s representation of investors in connection with several complex cases that involve billions of dollars in damages.
During the last several years, Omar has litigated major disputes on behalf of institutional investors arising out of the credit crisis, including disputes relating to Collateralized Debt Obligations, Residential Mortgage-Backed Securities, Credit Default Swaps and other complex financial investments. He also has provided pro bono representation to several individuals charged with first-degree murder and attempted murder in the State and Federal courts of Illinois.
Before joining Pomerantz LLP, Omar was a law clerk to Judge William S. Duffey, Jr. of the United States District Court for the Northern District of Georgia. He was also an associate at Jenner & Block LLP’s Chicago Office, where he represented clients in a wide variety of matters, including securities litigation, complex commercial litigation, white collar criminal defense, and internal investigations.
Omar graduated, magna cum laude and Order of the Coif, from the University of Illinois College of Law, where he was a Harno Scholar and a recipient of the Rickert Award for Excellence in Advocacy. He received his B.A. from the University of Texas at Austin, where he was on the Dean’s Honor List and the University Honors List.
Omar is admitted to practice in Illinois, the United States District Courts for the Northern District of Illinois and the Northern District of Indiana, and the United States Court of Appeals for the Ninth Circuit.