Emma Gilmore

Pomerantz - New York

Partner

600 Third Avenue
New York, NY 10016

+1 212 661 1100

Local Litigation Star

Top 250 Women in Litigation


Practice area:

Securities


Pomerantz partner Emma Gilmore is a powerful player in high-stakes, high-profile class action securities litigation. Alongside Managing Partner Jeremy Lieberman, Emma led the Firm’s class action litigation against Brazil’s largest oil company, Petrobras – which arose from a multi-billion-dollar kickback and bribery scheme – and achieved a record-breaking $3 billion settlement for defrauded investors. Emma also played an instrumental role in securing ground-breaking precedents in the litigation at the Second Circuit Court of Appeals. 


Emma led Pomerantz attorneys and twenty-seven independent experts in submitting an amicus brief to the U.S. Supreme Court in Goldman Sachs Group Inc. et al v. Arkansas Teachers Retirement System, et al. This was the sole amicus brief on a hotly contested issue: whether, to rebut the presumption of reliance originated by the Court in the landmark Basic v. Levinson decision, defendants bear the burden of persuasion, or whether they bear only the much lower burden of production. In June 2021, the Court, in a 6-3 decision, ruled in favor of the arguments presented by Pomerantz on this issue. This unprecedented win ensures that investors can continue aggregating their securities fraud claims as a class by safeguarding the vitality of the Basic presumption of reliance that a plurality of the Supreme Court established decades ago. 


In June 2021, Emma secured a significant victory for investors in Arconic, Inc. when the district court sustained the majority of plaintiffs’ claims in a securities class action that arose from the deadliest UK fire in more than a century – the Grenfell Tower fire in London that killed 71 people in June 2017. 


Emma led the securities class action litigation against Yahoo! Inc., in which the Firm achieved an $80 million settlement for the Class. The case involved the biggest data breaches in U.S. history, in which over 3 billion Yahoo accounts were compromised, and was the first significant settlement of a securities fraud class action filed in response to a data breach. 


This is the second consecutive year that Emma has been listed among Benchmark Litigation’s Top 250 Women Lawyers. She has been s recognized as an Elite Woman of the Plaintiffs’ Bar by the National Law Journal and a Plaintiffs’ Lawyer Trailblazer by both the National Law Journal and New York Law Journal. In 2018, when she was awarded the title of MVP in Securities Litigation by Law360, Emma was the first woman plaintiffs’ attorney to receive the award since it was initiated in 2011. Emma has been honored by Super Lawyers® every year since 2018 and is recognized by Lawdragon as a Leading Plaintiff Financial Lawyer. 

 

Updated Sep 2021