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News & Current Cases

Author: Priscilla M. Scoggins

07/21 Federman & Sherwood Announces the Investigation of the ClearBalance Data Breach

To join this class action, please complete the following Questionnaire.  Questionnaire & Fee Agreement Oklahoma City, OK (July 21, 2021) – On March 8, 2021, ClearBalance was a victim of a phishing attack. However, the security breach was not identified until April 26, 2021. The investigation into the breach revealed that cybercriminals were able to access the following highly confidential information: Names, tax IDs, Social Security numbers, dates of birth, government-issued ID numbers, telephone numbers, healthcare account numbers, balance amounts, dates of service, ClearBalance loan numbers and balances, personal banking information, clinical information, health insurance information, and full-face photographic images. […]

07/07 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Rekor Systems, Inc. f/k/a Novume Solutions, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (July 7, 2021) – On June 29, 2021, a securities class action lawsuit was filed in the United States District Court for the District of Maryland (Northern Division) against Rekor Systems, Inc. f/k/a Novume Solutions, Inc. (NASDAQ: REKR; NVMM).  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 […]

06/28 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Home Point Capital Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (June 28, 2021) – On June 21, 2021, a securities class action lawsuit was filed in the United States District Court for the Eastern District of Michigan against Home Point Capital Inc (NASDAQ: HMPT).  The complaint alleges violations of federal securities laws, Sections11 and 15 of the Securities Act of 1933, 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 began with the initial public offering […]

06/28 Federman & Sherwood Announces the filing of a Class Action Against Charles Schwab & Co., Inc.

Oklahoma City, OK (June 28, 2021) – Federman & Sherwood, a law firm specializing in litigation that has been appointed lead counsel in multiple class action matters, has recently filed suit against Charles Schwab & Co., Inc. relating to Schwab’s online brokerage system. This class action arises from Schwab’s failure to execute Plaintiff’s and other Class members’ orders pursuant to their instructions due to Schwab’s online trading system performing improperly when it failed to process trades in the way instructed by the client. Because of the improperly performing system, Plaintiff and Class members were unable to execute trades at the […]

05/19 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against ContextLogic Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (May 19, 2021) – On May 17, 2021, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against ContextLogic Inc. (NASDAQ: WISH).  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 stock price during the period December 16, 2020 through May […]

05/18 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Array Technologies, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (May 18, 2021) – On May 14, 2021, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against Array Technologies, Inc. (NASDAQ: ARRY).  The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, Rule 10b-5, and Sections 11, 12(a)(2), and 15 of the Securities Act of 1933, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of […]

05/12 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against PureCycle Technologies, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (May 12, 2021) – On May 11, 2021, a securities class action lawsuit was filed in the United States District Court for the Middle District of Florida against Purecycle Technologies, Inc. (NASDAQ: PCT).  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 November […]

04/28 Federman & Sherwood Initiates an Investigation of the Data Breach at The Kroger Co.

Oklahoma City, OK (April 28, 2021) – Federman & Sherwood, a boutique litigation law firm that has been appointed counsel in several data breach cases, has initiated an investigation into The Kroger Co. relating to a data breach affecting current and former employees. The Kroger Co. claims that it learned of the Data Breach on January 23, 2021 and provided notice on March 11, 2021. However, the Data Breach actually occurred in December of 2020. The Kroger Co. utilized Acellion as a third-party vender for secure file transfers which included personal identifying information. The personal identifying information accessed included names, […]

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