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

Silver Wheaton Corp. [NYSE: SLW]

Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Silver Wheaton Corp.


Oklahoma City, OK (July 10, 2015) – On July 8, 2015, a securities class action lawsuit was filed in the United States District Court for the Central District of California against Silver Wheaton Corp. (NYSE: SLW).  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 March 30, 2011 through July 6, 2015.  More specifically, this litigation was filed because the Company failed to disclose that: (1) Silver Wheaton’s financial statements contained errors concerning income tax owed from the income generated by its foreign subsidiaries; (2) Silver Wheaton lacked adequate internal controls over its financial reporting; and (3) as a result of the foregoing, Silver Wheaton’s financial statements were materially false and misleading at all relevant times.


On July 6, 2015, the Company announced that it received a proposal letter from the Canada Revenue Agency regarding a proposal to reassess the Company under various rules contained in the Income Tax Act (Canada). If the Company fails to resolve this matter at the Proposal stage, the Canada Revenue Agency may proceed to issue notices of reassessment for one or more of the Relevant Taxation years.  The Company currently estimates on a preliminary basis that it will pay approximately $150 million in taxes and another $57 million in penalties.  


After the announcement, the Company's share price declined $2.08 per share to close at $15.46 per share on July 7, 2015.


Plaintiff seeks to recover damages on behalf of all Silver Wheaton Corp. 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, September 8, 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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