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

Maximus, Inc. [NYSE: MMS]

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

Oklahoma City, OK (August 8, 2017) – On August 4, 2017, a securities class action lawsuit was filed in the United States District Court for the Eastern District of Virginia against Maximus, Inc. (NYSE: MMS). 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 October 20, 2014 through February 3, 2016. More specifically, this litigation was filed because on October 29, 2014, the UK Department for Work and Pensions awarded Maximus a significant contract to carry out health and disability benefits for over a period of three and a half years, called the Health Assessment Advisory Service ("HAAS") contract. Beginning October 30, 2014 and continuing through the Class Period, the Company assured Investors that it was meeting targets concerning the HAAS contract.

On August 7, 2015, MAXIMUS revealed its results for the third quarter of 2015, and said that it had encountered “some start-up challenges” with the HAAS contract. Then on November 12, 2015, MAXIMUS revealed its financial and operating results for the fourth quarter of 2015, including news that the HAAS contract had delivered an operating loss of $4 million. Finally on February 4, 2016, the Company announced its earnings for the first quarter of 2016, again missing expectations and confirming its inability to meet HAAS contract assessment targets. When this news was announced, shares of the Company declined in value materially.

Plaintiff seeks to recover damages on behalf of all Maximus, 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 Friday, October 6, 2017 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.

Copyright © 2018 Federman & Sherwood. All Rights Reserved.