Oklahoma City, OK (November 3, 2020) – Investors who lost more than $100,000 (US) in Luckin Coffee Inc. (OTC Pink:  LKNCY) should consider contacting Federman & Sherwood if interested in recovering their losses. Luckin admitted that it committed financial fraud and was recently, along with affiliates, fined for engaging in sales fraud with more penalties possible. Allegations are based on Luckin having issued misrepresentations that may have had the effect of artificially inflating its stock price between May 17, 2019 through April 2, 2020, inclusive. In addition investor who bought in the Company’s public offering conducted on or around May […]

Federman & Sherwood is pleased to announce on October 5, 2020 the court entered an Order Denying Motion of Defendants to dismiss Amended class Action Complaint filed in case styled Mulderrig, et al. v. Amyris, Inc., et al., United States District Court for the Northern District of California, Case No. 19-cv-1765.  To view the Order, click here.

Oklahoma City, OK (October 1, 2020) – The law firm of Federman & Sherwood has initiated an investigation into cbdMD, Inc. [NYSE:  YCBD], and its subsidiary CBD Industries, LLC relating to a data breach announced by the Company. cbdMD is a producer and distributor of cannabidol (CBD) products. cbdMD, Inc. revealed that its e-commerce platform underlying their online retail sales webpage, cbdmd.com, was modified to include malicious code.  This malicious code created a risk that customers’ personal information was wrongfully acquired by third parties.  The personal information at risk could include your name, email address, billing address, credit or debit […]

To join this class action, please complete the following Investor Certification.  [contact-form-7 id=”1607″ title=”Tactile Systems Technology, Inc. (NASDAQ:  TCMD) Investor Certification”] Oklahoma City, OK (September 30, 2020) – On September 29, 2020, a securities class action lawsuit was filed in the United States District Court for the District of Minnesota against Tactile Systems Technology, Inc. (NASDAQ: TCMD).  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 […]

To join this class action, please complete the following Investor Certification. [contact-form-7 id=”1604″ title=”Garrett Motion, Inc. (NYSE: GTX; OTC: GTXMQ) Investor Certification”] Oklahoma City, OK (September 29, 2020) – On September 25, 2020, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against Garrett Motion, Inc. (NYSE: GTX; OTC:  GTXMQ).  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 […]

Oklahoma City, OK (September 23, 2020) – The law firm of Federman & Sherwood initiates an investigation into Long & Foster Companies or one its subsidiaries:  Prosperity home Mortgage, LLC; Fonville Morisey Companies, Long & Foster Insurance, Long & Foster Real Estate, RGS Title, LLC, Sage Title Group, LLC, Settlement Professionals LLC or Mid-States Title Insurance Agency, Inc. relating to a ransomware attack and data breach on August 22, 2020.  An investigation was completed and it was determined that personal information, including name, address, telephone number, date of birth, Social Security number, W-2 details and bank information may have been […]

To join this class action, please complete the following Investor Certification.  [contact-form-7 id=”1599″ title=”Nikola Corporation (NASDAQ:  NKLA) Investor Certification”] Oklahoma City, OK (September 17, 2020) – On September 15, 2020, a securities class action lawsuit was filed in the United States District Court for the District of Arizona against Nikola Corporation (NASDAQ: NKLA).   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 […]

To join this class action, please complete the following Investor Certification.  [contact-form-7 id=”1594″ title=”Fastly, Inc. (NYSE:  FSLY) Investor Certification”] Oklahoma City, OK (August 28, 2020) – On August 27, 2020, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against Fastly, Inc. (NYSE: FSLY).  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 […]

To join this class action, please complete the following Investor Certification.  [contact-form-7 id=”1592″ title=”Anaplan, Inc. (NYSE:  PLAN) Investor Certification”] Oklahoma City, OK (August 26, 2020) – On August 24, 2020, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against Anaplan, Inc. (NYSE: PLAN).  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 […]

Oklahoma City, OK (August 25, 2020) – The law firm of Federman & Sherwood initiates an investigation into Filters Fast, LLC relating to malicious code being added to Filters Fast’s website.  Filters Fast was informed of a possible data security incident in late February 2020.  After an investigation by an outside expert forensics firm it was determined there was a breach of security.  The investigation revealed that attackers had succeeded in adding malicious code to FiltersFast’s website on July 15, 2019, which allowed unauthorized individuals to capture certain information during the checkout process.  The malicious code was removed on July […]