Tamar A. Weinrib, a Partner at Pomerantz, has made a name for herself as a powerhouse of the plaintiffs’ bar. In 2023, she was selected as one of Lawdragon’s 500 Leading Plaintiff Financial Lawyers, and in 2020, The Legal 500 honored her as a Next Generation Partner. Tamar was named a 2018 Rising Star under 40 years of age by Law360, a prestigious honor awarded to a select few “top litigators and dealmakers practicing at a level usually seen from veteran attorneys.”
In 2024, Tamar, as sole Lead Counsel, secured a $12 million settlement in a securities fraud litigation against PureCycle Technologies, Inc., a plastic recycling company that went public via a “de-SPAC” reverse merger. In June 2023, the district court denied defendants’ two motions to dismiss, only dismissing the claims as to one of the five individual defendants. SPACs have become popular in recent years for providing a quicker and less scrutinized path to market than traditional IPOs, but in PureCycle’s case, the lack of regulatory oversight enabled multiple alleged frauds and massive investor losses. Tamar’s win is a wake-up call to the creators of SPACs that they are ultimately answerable to investors.
Tamar and Managing Partner Jeremy Lieberman achieved a $27 million settlement for the Class in 2019 in Strougo v. Barclays PLC, a high-profile securities class action in which Pomerantz was Lead Counsel. Plaintiffs alleged that Barclays PLC misled institutional investor clients about the extent of the banking giant’s use of a so-called “dark pool,” a private trading platform where the size and price of the orders are not revealed to other participants. Tamar delved deeply into the hermetic intricacies and complex algorithms of dark pool trading in order to devise a successful strategy for the litigation. The case also set a major precedent that will help investors in future securities class actions. During the class certification stage, the Second Circuit Court of Appeals held that direct evidence of price impact is not always necessary to demonstrate market efficiency in order to invoke the presumption of reliance, and defendants seeking to rebut the presumption must do so by a preponderance of the evidence, rather than merely meeting a burden of production.
Tamar has done extensive pro bono work, including successfully trying two criminal appeals and a housing dispute filed with the Human Rights Commission.
Tamar graduated from Fordham University School of Law in 2004 where she received awards for successfully competing in and coaching Moot Court competitions.
Updated Oct 2024
