is a boutique law firm handling complex and class action litigation, including shareholder derivative litigation, securities class actions, data breach and consumer class actions.

Current Securities Class Action Cases

Federman & Sherwood regularly posts press releases about new class action securities cases, which includes the class period and deadlines for appointment of lead plaintiffs.  Please review any of the case listings  below, and if you bought a security during the class period, we invite you to return an investor certification to our office. Our link to an investor certification for any of the cases can be found below each respective press release on that company.  Once completed, please return to our office by email to or fax to (405) 239-2112. 

Current Cases

Aqua Metals, Inc. [NASDAQ: AQMS]

Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Aqua Metals, Inc.

Oklahoma City, OK (December 21, 2017) – On December 15, 2017, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against Aqua Metals, Inc. (NASDAQ: AQMS). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is February 9, 2017 through November 9, 2017. More specifically, this litigation was filed because Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose: (1) that Aqua Metals’ breaking and separating process was facing substantial obstacles due to AquaRefining’s need for a much higher degree of separation than is normal in the industry; (2) that the Company’s breaking and separating process was not operating reliably or efficiently; (3) that the breaking and separating obstacles and issues were negatively impacting the Company’s output; (4) that the Company’s four “operating modules” were being used primarily for experimentation, rather than production; (5) that module operators were assisting with lead removal; (6) that, as a result of the foregoing, the ramp up of the Company’s recycling process was being significantly hindered and delayed; and (7) that, as a result of the foregoing, Defendants’ statements about Aqua Metals’ business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

On November 9, 2017, after the market closed, Aqua Metals issued a press release entitled “Aqua Metals Provides Third Quarter 2017 Corporate Update.” Therein, the Company revealed that it “faced . . . many challenges as [it] worked to ramp up production.” On this news, the Company’s stock price fell $0.08 per share, or 2.1%, to close at $3.71 per share on November 10, 2017, thereby further injuring investors.

Plaintiff seeks to recover damages on behalf of all Aqua Metals, Inc. shareholders who purchased common stock during the Class Period and are therefore a member of the Class as described above. You may move the Court no later than Tuesday, February 13, 2018 to serve as a lead plaintiff for the entire Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.

To join this class action, click here to obtain an investor certification. Once complete, please email this form to, fax to us at (405) 239-2112 or send by regular mail to Federman & Sherwood, 10205 North Pennsylvania Avenue, Oklahoma City, OK 73120, ATTN: Robin.

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