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Category: Current Cases

04/26 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Macquarie Infrastructure Corporation

To join this class action, please complete the following Investor Certification.    Oklahoma City, OK (April 26, 2018) – On April 23, 2018, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against Macquarie Infrastructure Corporation (NYSE: MIC).  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 […]

04/26 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Gridsum Holding, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (April 26, 2018) – On April 25, 2018, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against Gridsum Holding, Inc. (NASDAQ: GSUM).  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 […]

04/23 Federman & Sherwood Announces Class Certification of UTi Worldwide, Inc. Litigation

The law firm of Federman & Sherwood announces that on April 19, 2018 the Court entered an Order granting Plaintiff’s Motion for Class Certification.  The certified class is defined as “all persons and entities who purchased shares of UTi Worldwide, Inc., (“UTi”) common stock during the period from March 28, 2018 through February 25, 2014, inclusive, and were damaged by the alleged false and misleading statements.”  Federman & Sherwood was also appointed as Class Counsel.  The case was filed in the United States District Court for the Central District of California styled Michael J. Angley, individually and on Behalf of […]

04/09 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Colony NorthStar, Inc.

Oklahoma City, OK (April 9, 2018) – On April 6, 2018, a securities class action lawsuit was filed in the United States District Court for the Central District of California against Colony NorthStar, Inc. (NYSE: CLNS).  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 February 28, 2017 through March 1, 2018.  More specifically, this litigation was […]

04/06 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against IZEA, Inc.

Oklahoma City, OK (April 6, 2018) – On April 4, 2018, a securities class action lawsuit was filed in the United States District Court for the Central District of California against IZEA, Inc. (NASDAQ: IZEA).  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 May 15, 2015 through April 3, 2018.  More specifically, this litigation was filed […]

04/06 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Synacor, Inc.

Oklahoma City, OK (April 6, 2018) – On April 4, 2018, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against Synacor, Inc. (NASDAQ: SYNC).  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 May 4, 2016 through March 15, 2018.  More specifically, this litigation was […]

04/05 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Longfin Corp.

Oklahoma City, OK (April 4, 2018) – On April 3, 2018, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against Longfin Corp. (NASDAQ: LFIN).  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 December 15, 2017 through April 2, 2018.  According to the Complaint, defendants […]

04/04 Federman & Sherwood Announces a Class Action Settlement with Lime Crime, Inc.

Oklahoma City, OK (April 4, 2018) – Federman & Sherwood is pleased to announce that a settlement has been approved by the Court.  The United States District Court for the Central District of California granted final approval of the settlement for individuals that were customers of LimeCrime.com that had their website username and password potentially exposed  to possible malicious software (Case No. CV 16-503, styled Tess Koenig, et al. v. Lime Crime, Inc.). The Order is available here and the Stipulation of Settlement is accessible here.   

04/03 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against TrueCar, Inc.

Oklahoma City, OK (April 3, 2018) – On March 30, 2018, a securities class action lawsuit was filed in the United States District Court for the Central District of California against TrueCar, Inc. (NASDAQ: TRUE).  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 February 16, 2017 through November 6, 2017.  More specifically, the Complaint alleges that […]

03/30 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against A10 Networks, Inc.

Oklahoma City, OK (March 30, 2018) – On March 22, 2018, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against A10 Networks, Inc. (NYSE: ATEN).  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 February 9, 2016 through January 30, 2018.  More specifically, this litigation was […]

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