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Judge Denies Motions to Dismiss in SAC Capital Insider Trading Lawsuit
Judge Victor Marrero has denied motions to dismiss the core claims in an insider trading lawsuit against SAC Capital Advisors LP, in which Pomerantz L..
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Pomerantz LLP Appointed Lead Counsel in Solar City Securities Litigation
On August 11, 2014 was appointed Lead Counsel in a lawsuit against Solar City Corporation.   On March 3, 2014, the Company announced in a S..
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Pomerantz Super Lawyers
Super Lawyers Magazine has named Marc Gross as a 2014 New York Metro Super Lawyer, and Jeremy Lieberman, Tamar Weinrib and Michael Wernke as 2014 New ..
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Pomerantz LLP Appointed Lead Counsel in The Medicines Company
On July 22, 2014, Pomerantz LLP was appointed Lead Counsel in a lawsuit against The Medicines Company. The class action, filed in United States Dis..
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Pomerantz LLP Appointed Lead Counsel in Net 1 Technologies, Inc.
On July 23, 2014, Pomerantz LLP was appointed Lead Counsel in a lawsuit against Net 1 Technologies, Inc. The class action, filed in United States D..
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Pomerantz Appointed Lead Counsel in Apollo Education Group
On July 21, 2014, Pomerantz LLP was appointed Lead Counsel in a lawsuit against Apollo Education Group. The class action complaint alleges Apollo E..
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Pomerantz Prevails in HUSA Securities Litigation Appeal
The Court reversed and remanded Judge Harmon’s order dismissing the complaint. The case involves misrepresentations by Houston American, a Texan ..
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Pomerantz Appointed Lead Counsel in Barnes and Noble, Inc.
On July 16, 2014, Pomerantz LLP was appointed Lead Counsel in a lawsuit against Barnes & Noble, Inc. The class action, filed in United States Dis..
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The April 20, 2010 Deepwater Horizon rig explosion
at the Macondo oil well and the resulting spill in the Gulf of Mexico – the worst oil spill in U.S. history – devastated countless lives and caused immeasurable environmental damage. The spill directly impacted 68,000 square miles of ocean and the coasts of Louisiana, Mississippi, Florida, Alabama and Mississippi.

 

The spill also injured investors in BP p.l.c. (“BP”), which was the majority owner of the well. Within weeks of the spill, the price of BP’s ordinary shares and its American Depository Shares (ADS’s) plummeted nearly 50%. This rout was driven by revelations regarding BP’s prior misstatements about its commitment to safety and the true scope of the spill. Read More

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