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

Leapfrog Enterprises, Inc. [NYSE: LF]

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


Oklahoma City, OK (January 28, 2015) – On January 23, 2015, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against Leapfrog Enterprises, Inc. (NYSE: LF).  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 May 5, 2014 through January 22, 2015.  More specifically, this litigation was filed because the Company made false and/or misleading statements and/or failed to disclose to investors that: (1) the Company was experiencing a decline in consumer demand; (2) the launch and shipment of the Company’s new LeapTV video game system were delayed by developmental issues; (3) retailers were overstocked with the Company’s LeapPad products; (4) as a result, the Company lacked a reasonable basis for its financial guidance; and (5), as a result of the foregoing, the Company’s statements were materially false and misleading at all relevant times.  On January 22, 2015, after the close of trading, the Company announced preliminary financial results for its 2014 fiscal third quarter. The Company also announced a $107 million write-down of goodwill and deferred tax assets which was attributed to the sales shortfall in part to delays in shipping and promoting LeapTV. 


On this news, the Company’s shares declined to close on January 23, 2015 at $2.55 per share.


Plaintiff seeks to recover damages on behalf of all Leapfrog Enterprises, 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, March 24, 2015 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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