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

Quorum Health Corporation

Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Quorum Health Corporation

Oklahoma City, OK (September 13, 2016) – On September 9, 2016, a securities class action lawsuit was filed in the United States District Court for the Middle District of Tennessee against Quorum Health Corporation (NYSE: QHC). 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 for (1) those investors who received shares of Quorum common stock in connection with the Company’s spin-off from Community Health Systems, Inc. (“CHS”) and/or (2) on the open market between May 2, 2016 and August 10, 2016, both dates inclusive. More specifically, this litigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that Quorum was suffering from several indicators of impairment, including the underperformance of several of its hospitals, at the time when the Company spun off from Community Health Systems (“CHS”) effective on or about April 29, 2016.

On August 10, 2016, Quorum filed a Quarterly Report on Form 10-Q, decreasing its 2016 guidance revenues due to impairment charges, goodwill loss from divesting certain hospitals, and carryover allocation of goodwill at the time of the spinoff. On this news the Company’s shares fell sharply in intraday trading on August 11, 2016.

Plaintiff seeks to recover damages on behalf of all Quorum Health Corporation 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, November 8, 2016 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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