The Pomerantz Firm is a leader in complex antitrust litigation. Antitrust actions focus on a wide variety of wrongful business practices which include price-fixing, attempted monopolization, and customer and market allocation. In its prosecution of antitrust class actions, the Pomerantz Firm seeks recovery on behalf of individuals and businesses who have been financially injured by the defendants' anti-competitive conduct.
Pomerantz has served in a leadership role in numerous complex and high profile antitrust actions. In In re Salomon Brothers Treasury Litigation, the Firm, as co-lead counsel, recovered $100 million for the class. This case shows the level of resources that we dedicate to litigation to ensure that our clients are fully protected. We alleged that defendants had manipulated or cornered the cash and financing markets for certain United States Treasury notes, which entailed a complex, esoteric scheme of fraudulently coordinating purchases and sales of the notes. We were able to litigate this case successfully against formidable defendants and defense counsel and to obtain this large recovery for the class after years of vigorous prosecution, including an appeal to the Second Circuit.
Another notable case in which Pomerantz played a prominent role is In re NASDAQ Market-Makers Antitrust Litigation which resulted in a settlement in excess of $1 billion for class members.
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