History: Pomerantz is the oldest law firm in the world dedicated to championing investor rights. Founded in 1936 by Abraham Pomerantz, the Firm’s work during the Great Depression to hold corporations accountable helped secure the rights of investors to bring class actions and derivative suits. Today the Firm’s global clients include more than 100 of the most influential public pension funds, asset managers, and private institutions. Honoring its founder’s legacy, the Firm continues to fight for defrauded shareholders while expanding the rights of global investors and championing transparent markets and good corporate governance.
Securities Litigation: Over the past eight decades the Firm has recovered billions of dollars for defrauded investors, with many settlements achieving new records. Notable matters include:
A Tradition of Innovation: Pomerantz is a recognized leader in developing novel legal theories to address the evolving juridical, social, and corporate landscape. For example, the U.S. Supreme Court’s ruling in Morrison v. National Australia Bank, Ltd (2010) barred investors in foreign securities from using U.S. courts to seek recovery. In the years since, Pomerantz has worked to win back these rights on behalf of investors. In a series of individual cases arising out of the 2010 BP Gulf of Mexico oil spill, Pomerantz convinced the court to allow, for the very first time post-Morrison, both U.S. and foreign investors seeking recovery for losses in a foreign company’s foreign-traded securities to do so in a U.S. court. In a securities class action against the global pharmaceutical company Perrigo Co., the Firm’s ground-breaking legal arguments led the U.S. court, for the first time since the Morrison decision, to certify a foreign purchaser class. Both decisions have significant precedential value, expanding the options available for domestic and foreign investors seeking recovery in cases of securities fraud.
Portfolio Monitoring: PomTrack®, the Firm’s proprietary portfolio monitoring system, tracks and evaluates suspicious market activity, as well as securities and antitrust class actions and settlements, covering both domestic and international events. This system empowers investment plan fiduciaries to fulfill their duty to preserve investments by quickly identifying fund losses that may have been caused by financial misconduct. Comprising attorneys, forensic economists, damages analysts, paralegals, and support staff, the PomTrack® team monitors assets valued at over $9 trillion, making it one of the largest systems of its kind in the U.S.
ESG: Pomerantz partners are pioneering securities litigation as a means to address 21st century ESG concerns. The Firm achieved a settlement with Deutsche Bank AG that recoups nearly 50% of estimated damages for investors in a case alleging that the bank failed to adhere to its own due diligence policies for certain high-worth clients, including convicted sex offender Jeffrey Epstein. Pomerantz also recently won class certification in its case against Wynn Resorts Ltd., which alleges that former CEO Steve Wynn engaged in egregious sexual misconduct against the company’s female employees, while the company and its directors simultaneously covered up his behavior, assuring investors of the company’s commitment to high ethical standards.
Corporate Governance: In addition to addressing corporate governance via securities litigation, the Firm’s Corporate Governance Practice Group has achieved significant corporate governance reform at numerous major corporations through shareholder derivative lawsuits. Areas of interest include workers’ health and safety, environmental compliance, pay and gender equity, excess executive compensation, and addressing corporate transactions that result in an unfair price for shareholders.
Education: Pomerantz partners frequently speak on corporate governance at conferences around the world, and the Firm regularly hosts Corporate Governance Roundtables for institutional investors. The Firm also publishes The Pomerantz Monitor, a bi-monthly journal of attorney-authored articles on securities litigation, corporate governance, and related regulatory and government policies.
Updated Sep 2023
Bernstein Litowitz Berger & Grossmann LLP is widely recognized worldwide as a leading law firm advising institutional investors on issues related to corporate governance, shareholder rights, and securities litigation. Since its founding in 1983, BLB&G has obtained nearly $40 billion in recoveries and achieved precedent-setting corporate governance reforms on behalf of its investor clients. Working with their clients, BLB&G’s cases have resulted in sweeping corporate governance reforms, changing deficient business practices, and serving as models for public companies going forward. A distinguished group of trial-tested litigators, BLB&G has repeatedly and consistently earned high praise from the courts, and the respect of the defense firms and insurance carriers it faces in courts and across negotiating tables.
Securities Fraud Litigation: Recognized by industry observers as one of the leading law firms worldwide representing institutional investors in complex securities fraud litigation (“the biggest star in the firmament” – Financial Times; “one of the best, bar none” – Euromoney; “consistently achieving the highest returns for investors” – The National Law Journal), BLB&G is regularly appointed by the courts as lead counsel in securities class actions, and has distinguished itself by focusing on the representation of respected institutional investors in meritorious cases. The firm is extremely selective in its prosecutions, only pursuing matters where its clients have significant holdings, and is well-known for “consistently bringing high-impact cases” (Securities Class Action Services).
The firm’s reputation for trial readiness is well-established. BLB&G has obtained many of the largest securities fraud recoveries on record, including:
Corporate Governance & Shareholder Rights: One of the first law firms to demonstrate that litigation can be an effective tool for stimulating positive change in failing corporate management settings, BLB&G is a well-recognized leader in giving shareholders a voice. The firm litigates cutting-edge fiduciary duty issues in order to maximize shareholder value, protect the shareholder franchise, and improve corporate governance practices. Additionally, BLB&G has obtained billions of dollars for shareholder investors, representing them in merger and acquisition transactions structured to deprive shareholders of fair value and unjustly enrich management. For example:
SPAC Litigation: As part of BLB&G’s mission to protect shareholder interests and police securities markets, the firm is actively prosecuting various claims challenging misconduct related to special purpose acquisition companies, or “SPACs.” BLB&G’s leadership in this space includes claims against SPAC sponsors, boards of directors, and other related parties, seeking redress for investors harmed by fraud, conflicts of interest, and statutory violations, among other things. Our interdisciplinary team of attorneys—supported by fraud examiners, private investigators, and financial analysts—has extensive experience prosecuting securities fraud claims, fiduciary duty claims, and other shareholder litigation that directly applies to the burgeoning SPAC space.
Asset Protection & Fraud Monitoring: BLB&G is the trusted securities fraud monitoring counsel for hundreds of public pension funds and institutional investors worldwide. The firm provides comprehensive analysis of the financial and business media, as well as all securities and shareholder derivative litigation to provide its institutional clients with complete reporting on potential claims that may impact their holdings.
Distressed Debt & Bankruptcy: BLB&G represents creditors’ committees, bankruptcy trustees, and investors in fixed income, high yield, and distressed debt securities. The firm has an excellent track record of seeking redress for losses under the securities laws in actions under state and federal law against prior management, auditors, bankers, and other advisors for various forms of misconduct, prosecuting claims on a contingent basis on behalf of institutions and individuals.
Commercial Litigation: BLB&G represents institutions and individuals on a contingency basis in a wide range of complex commercial litigation involving allegations of breach of contract, accountants’ liability, breach of fiduciary duty, fraud, and negligence. The firm litigates cases arising from private placements of debt or equity securities, derivatives, and other specialty financial instruments and prosecutes bankruptcy claims on behalf of creditors and litigation trusts or debtors-in-possession. BLB&G has recovered billions of dollars on behalf of institutional and individual investors, public and private companies and corporations, bankruptcy trustees, creditor committees, and various other business entities while facing down the most powerful and well-funded law firms and defendants in the country.
Updated Sep 2023
Weil is a leader in the marketplace for sophisticated, global legal services. Our pioneering “one-firm” approach, which integrates approximately 1,200 attorneys across three continents and multiple practice areas, allows the Firm to partner with many of the world’s most successful organizations on matters as complex and interconnected as the businesses themselves.
Featuring approximately 300 lawyers in more than a dozen practice areas and areas of specialization, Weil’s Litigation Department is one of the largest, most diversified, and highly respected in the legal industry. We provide clients with business-oriented solutions to complex, multi-faceted legal challenges, including business disputes, regulatory actions and investigations, financial distress, and other potentially enterprise-changing circumstances.
Our expertise spans a number of substantive areas:
Antitrust: Weil is regularly retained by some of the largest corporations in the world to handle their antitrust litigation matters. Our Antitrust practice advises clients on the inter-relationship between antitrust, intellectual property, trade, and unfair competition
laws and regulations, and litigates and tries those cutting-edge issues in civil and criminal cases before juries and judges in jurisdictions across the United States. Representative clients include Bridgestone, GrubHub, Hilton Worldwide, Meta Platforms, Panasonic, Paramount Global, Saks Fifth Avenue, and Simon & Schuster.
Appellate: Weil’s Appeals and Strategic Counseling practice covers all of the Firm’s substantive areas of expertise, including employment, securities, copyright and trademark, patent, tax, bankruptcy, antitrust, civil rights, and administrative and constitutional law, among others. With 35 practitioners located across the United States, including former clerks to U.S. Supreme Court justices, over a dozen former clerks to federal appellate judges, a former Assistant Solicitor General for the State of New York, and a former Assistant to the Solicitor General of the United States, we regularly prosecute and defend appeals before the U.S. Supreme Court, all 13 federal circuit courts, and a range of state intermediate and supreme courts. We are regularly called upon to provide essential support before lower courts and regulatory agencies as well as assess whether litigation is advisable. Representative clients include Comcast, Sanofi, Sears Holdings, Speedcast, Regeneron, and many major technology companies.
Bankruptcy: Weil is well-known as the leading restructuring firm in the world. We not only invented much of what is standard today, but we also have been involved in almost every type of consensual and litigated restructuring transaction in the U.S. since the 1970s. Weil has served as chief debtors’ counsel in the largest U.S. bankruptcy filings in history and has represented clients in numerous complicated international insolvencies. Our experience extends to exchange offers, debt for equity swaps, pre-packaged and prearranged chapter 11 cases, as well as conventional chapter 11 reorganizations.
General Commercial: Weil is a one-stop firm for commercial litigation matters, and has achieved significant victories in high-profile disputes for BNSF Railways, Burger King, eBay, ExxonMobil Corporation, Paramount Global, PepsiCo., Repsol, Sanofi, Serta Simmons, and Warner Bros. Discovery, among others. We specialize in trying high-stakes breach of contract, fraud, tortious interference, unfair competition and other business tort claims, class actions, and litigations arising under RICO, the False Claims Act, and numerous other statutes.
Intellectual Property: Weil offers market-leading capabilities in IP litigation – including complex patent, trade secrets, copyright, and trademark disputes – and counseling. For decades, Weil’s prestigious IP/Media group has been at the forefront of hot-button intellectual property and media issues. The group’s work in the area of digital media has been trailblazing, touching on multiple areas of commercial significance including artificial intelligence, e-commerce, digital rights management, and digital content licensing. We are also recognized for our expertise in false advertising, music licensing, television/motion picture and other content distribution, and privacy/data protection issues. Representative clients include Alibaba, eBay, Getty Images, Meta Platforms, Pandora Media, and Sirius XM Radio. Weil’s Patent Litigation group focuses on high-stakes patent and IP disputes, whether they involve winning a key patent infringement action at trial or on appeal before the Federal Circuit, litigating a complex investigation at the U.S. ITC, or trying contested IPR proceedings at the PTAB. Our team includes more than 30 attorneys, many of whom have technical degrees, allowing us to identify critical issues, understand the technology at the forefront of a case, and become trusted advisors to our clients, which include Altria, Bio-Rad, HP, Johnson & Johnson, Illumina, Regeneron, and Sanofi.
International Arbitration: Leading multinationals involved in important international disputes repeatedly turn to Weil for its business-oriented approach, understanding of specific cultural issues, extensive government and trade experience, and recognized skill in handling complex investment and commercial arbitrations before all major arbitral institutions, including the ICC, AAA, LCIA, and ICSID.
Product Liability: Weil’s Product Liability practice handles significant product liability and complex mass tort matters, including nationwide class actions, MDL proceedings, and joint state/federal litigations, and has won some of the largest consumer fraud class actions involving alleged product defects in the United States. Our experience extends to a broad range of issues – including product defects, environmental remediation and indemnification, natural disasters, chemical contamination, PFAS (forever chemicals), and crisis management – in sectors that include automotive products, industrial chemicals, medical devices, toys, food and beverage, pharmaceuticals, heavy equipment, and airlines. Notable clients include Dometic, ExxonMobil Corporation, Johnson & Johnson, PepsiCo, Procter & Gamble, Repsol, and Sanofi.
Securities: Weil’s Securities Litigation group has handled numerous high-stakes, precedent-setting disputes including those relating to the insolvency or restructuring of major financial institutions, high profile SEC enforcement proceedings, white-collar securities prosecutions, proxy contests, busted-deal and other M&A litigation, and class action and derivative litigation. The group continues to tackle complex litigation and investigations for clients such as AIG, AMC Entertainment, Brookfield, Morgan Stanley, Sanofi, Walgreens, and Warner Bros. Discovery, as well as shareholder suits arising out of large, sophisticated M&A and SPAC transactions.
White Collar Crime: Led by an elite group of highly ranked criminal defense lawyers with extensive government experience, Weil’s White Collar Defense, Regulatory & Investigations practice conducts complex internal investigations and handles an array of criminal, civil, and regulatory investigations and parallel litigation arising out of accounting and securities issues, allegations of insider trading, money laundering, fraud, market manipulation, and cartelization, and allegations related to U.S. criminal and regulatory laws with international and extra-territorial dimensions, such as the Foreign Corrupt Practices Act.
Updated July 2023
Click here for L&E Profile
Hunton Andrews Kurth is a global law firm with over 900 lawyers handling a range of complex transactional, litigation, and regulatory matters for clients in many industries, including energy, financial services, real estate, retail and consumer products, and technology. With offices across the US and in Europe, the Middle East, and Asia, the firm is aligned with clients’ businesses and committed to delivering exceptional service. Our full-service litigation practice is one of the largest in the country, with particular depth in key litigation markets such as Texas, California, New York, Florida, and Virginia and the Mid-Atlantic.
Since its founding more than 100 years ago, Hunton Andrews Kurth has been a business-focused firm, an approach we continue in today’s litigation-focused climate. Our team of more than 400 litigators draw upon decades of experience to handle all aspects of disputes with the goal of achieving successful results whether in a courtroom or the boardroom.
Our skilled litigators focus on strategy from the outset and develop individualized litigation plans that are comprehensive in scope, mindful of each client’s business and legal goals, and aligned with client needs. We aggressively and efficiently represent clients at different phases of their corporate life cycles. Whether advising a start-up in patent litigation or a Fortune 100 company in a bet-the-company class action, we apply the same principles of client-focused representation to achieve the desired result.
Litigation Overview: Hunton Andrews Kurth has a top global litigation team, having litigated and/or arbitrated in all 50 states and many foreign countries. We often serve as national or worldwide coordinating counsel. Our diverse team has the collective knowledge, skill, and experience to help businesses identify and manage risks, respond to existing or threatened litigation, and pursue resolution in any venue. Hunton Andrews Kurth attorneys are admitted to the American College of Trial Lawyers and ranked by publications such as Chambers USA, Legal 500, and Benchmark Litigation, and the firm is named one of the “most feared firms in litigation” by BTI.
We handle litigation matters in the energy, financial services, healthcare, telecommunications, food, hospitality, consumer products, and retail industries, tailoring strategy on a case-by-case basis. Our commercial litigation docket includes class action defense, commercial contract issues, white collar defense, administrative matters, cybersecurity and privacy investigations, and appeals in state and federal courts. We represent corporations and other entities across a broad range of complex matters – from providing advice and counsel about business disputes and torts to civil litigation, trial, and appeal. We are often engaged in “bet-the-company” cases, multidistrict litigation, and coordinated state law proceedings. Our lawyers have the experience to handle cases that involve multiple adversaries in courts across the nation and abroad.
In addition, the firm’s environmental team, with more than 45 environmental attorneys and scientists, many of whom are former DOJ attorneys and senior regulatory agency officials, handles high-profile environmental litigation matters. These include enforcement defense, permit litigation, and challenges to environmental regulatory programs before federal district and appeals courts and the US Supreme Court, addressing issues of nationwide significance.
Updated Sep 2023