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 rkh@federmanlaw.com or fax to (405) 239-2112. 

Current Cases

AZZ, Inc. [NYSE: AZZ]

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

Oklahoma City, OK (January 14, 2018) – On January 11, 2018, a securities class action lawsuit was filed in the United States District Court for the Northern District of Texas against AZZ, Inc. (NYSE: AZZ). 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 April 22, 2015 through January 8, 2018. More specifically, this litigation was filed because the defendants repeatedly misrepresented their financial results, failed to report revenues in compliance with FASB accounting standards, lacked adequate controls over financial reporting and failed to disclose the failure of more than two years of purported efforts to evaluate new accounting standards.

On January 9, 2018 AZZ announced that it had determined that it should have accounted differently for certain contracts within its Energy Segment. AZZ said it has been reviewing the impact of this change on its historical accounting and impacts on its 2015 through 2017 financial results and it said it would delay the release of its Form 10-Q for the quarter ended November 30, 2017.

On this news, the Company's stock plunged, causing millions in losses to investors.

Plaintiff seeks to recover damages on behalf of all AZZ, 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 Monday, March 12, 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 rkh@federmanlaw.com, 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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