Class Actions & Derivative Suits

Over the years, Gornitzky & Co. has acquired vast knowledge and experience in representing various clients in class actions and derivative suits. A substantial number of rulings in cases handled by the firm have resulted in groundbreaking precedents in the field of class actions in Israel, and likewise, settlements and withdrawals reached by our firm have received heavy coverage in various legal forums and the media.

As one of Israel's leading class action firms, in recent years, we have handled over 120 cases of substantial financial scope in various fields, including insurance, restrictive trade practices, banking, consumerism and corporate law. The overwhelming majority of the class actions in which we have been involved have culminated in victory for our clients or in withdrawal of the claim by the opposing party.

Among our clients are Israel's prominent insurance companies and major banks, financial institutions, telecommunications companies, leading food manufacturers, industrial and services corporations, and more, including some of the primary businesspersons and senior managers in the Israeli economy. We represent officers and directors in class action litigations, and shareholders in various derivative suits with claims of billions of dollars in damages.

Moreover, we often advise corporate managers on compliance with fiduciary duties, in an effort to avoid civil and criminal liability and class action suits.

As part of our multidisciplinary approach, our team works together with members of our other legal practices, such as banking & finance, capital market & securities, and our litigation department, to resolve the intricacies faced in many class actions and derivative suits

Chambers Global 2016
Chambers Global 2016

Chambers Global 2016 recommended Gornitzky & Co. as a leading Dispute Resolution: Class Action firm, saying "Their performance was exceptional, and their work was very professional and comprehensive. They were successful in incorporating both legal and commercial issues to give us the best outcome possible."

 

The firm's Chairman, Pinhas Rubin, was recommended as a leading lawyer in the field,  praised "He is, without a doubt, one of the best in Israel. If you have Pinhas Rubin on your case, you are safe."

Partner Ofer Tzur, who leads the firm's Litigation practice, was also recommended and praised for "His understanding is quick and the solutions he offers are creative and helpful."

Dun's 100 2015
Dun's 100 2015

Dun & Bradstreet's Dun's 100 2015, a renowned Israeli legal directory, recognized Gornitzky & Co. as one of Israel's leading Class Actions law firms, naming it a Top Tier firm in this field.

BDI Code 2015
BDI Code 2015

BDI Code 2015, a renowned Israeli legal directory, recognized Gornitzky & Co. as one of Israel's leading Class Actions law firms.

The Legal 500 2014
The Legal 500 2014

The Legal 500 2014 identified Gornitzky & Co. as a Top Tier Dispute Resolution law firm, noting that "The firm has particular expertise in class actions." Firm Chairman Pinhas Rubin and Ofer Tzur were ranked as Leading Individuals in this field.

Dun's 100 2014
Dun's 100 2014

Dun & Bradstreet's Dun's 100, a leading Israeli legal directory, recognized Gornitzky & Co. as one of Israel's leading Class Actions law firms.

BDI Code 2014
BDI Code 2014

BDI Code 2014, a leading Israeli legal directory, recognized Gornitzky & Co. as one of Israel's leading Class Actions law firms, naming it a Top Tier firm in this field.

Dun's 100 2013
Dun's 100 2013

Dun & Bradstreet's Dun's 100, a leading Israeli legal directory, recognized Gornitzky & Co. as one of Israel's stand-out Class Actions law firms.

Chambers Global 2013
Chambers Global 2013

Chambers Global 2013 recommended Gornitzky & Co. as a leading Dispute Resolution firm, saying "This firm has long been considered a go-to team for disputes work, and its broad spectrum of expertise covers administrative law, class actions, derivative suits and white-collar crime."

The guide recommended the firm's "highly esteemed" chairman, Pinhas Rubin, as a Band 1 lawyer in the field, with a "Diverse skill set [that] includes valuable knowledge.Ofer Tzur was also recommended as being "Regularly called on for assistance with complex proceedings."

BDI Code 2013
BDI Code 2013

BDI Code 2013, a leading Israeli legal directory, recognized Gornitzky & Co. as one of Israel's leading Class Actions law firms, naming it a Top Tier firm in this field.

Chambers Global 2012
Chambers Global 2012

Chambers Global 2012 recommended Gornitzky & Co. as a leading Dispute Resolution firm, saying it "handles a range of high-level disputes, including class actions, arbitrations and white-collar crime cases."

 

The guide recommended the firm's Chairman, Pinhas Rubin ("litigation is one of his many talents"), and Ofer Tzur (Partner), who leads the firm's Litigation practice. A source is quoted saying that Mr. Rubin is "one of the dominant litigators in Israel".

Dun's 100 2012
Dun's 100 2012

Dun & Bradstreet's Dun's 100, a leading Israeli legal directory, recognized Gornitzky & Co. as one of Israel's leading Class Actions Law firms.

BDI Code 2012
BDI Code 2012

BDI Code 2012, a leading Israeli legal directory, recognized Gornitzky & Co. as one of Israel's leading Class Actions law firms, naming it a Top Tier firm in this field.

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