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Category: Current Cases

01/22 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Cleanspark, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (January 22, 2021) – On January 20, 2021, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against Cleanspark, Inc. (NASDAQ: CLSK).  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 […]

01/22 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Penumbra, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (January 22, 2021) – On January 15, 2021, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against Penumbra, Inc. (NYSE: PEN).  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 August 3, […]

01/14 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against GTT Communications, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (January 14, 2021) – On January 12, 2021, a securities class action lawsuit was filed in the United States District Court for the Central District of California against GTT Communications, Inc. (NYSE: GTT).  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 […]

12/28 Federman & Sherwood Reminds Investors of Imminent Lead Plaintiff Deadline in Securities Class Action Lawsuit Against Interface, Inc.

Federman & Sherwood Reminds Investors of Imminent Lead Plaintiff Deadline in Securities Class Action Lawsuit Against Interface, Inc. If you purchased Interface, Inc. shares between March 2, 2018 and September 28, 2020, have large losses as a result of your trades during this time period, and wish to join this class action, please complete the following Investor Certification.    On November 12, 2020, a class action lawsuit was filed in the United States District Court for the Eastern District of New York against Interface, Inc. (NASDAQ: TILE).  Federman & Sherwood reminds current and former shareholders of Interface, Inc. that they […]

12/23 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against GoodRX Holdings, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (December 23, 2020) – On December 18, 2020, a securities class action lawsuit was filed in the United States District Court for the Central District of California against GoodRX Holdings, Inc. (NASDAQ: GDRX).  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 September […]

12/17 Federman & Sherwood Investigates Sequential Brands Group, Inc. For Possible Violations of Federal Securities Laws

If you purchased Sequential Brands Group, Inc. shares prior to December 11, 2020, and wish to join this litigation as a potential lead plaintiff, please complete the following Investor Certification http://www.federmanlaw.com/wp-content/uploads/2020/12/InvestCertSQBGFinal.pdf The law firm of Federman & Sherwood has initiated an investigation into Sequential Brands Group, Inc. [NASDAQ:  SQBG] (“Sequential”) with respect to possible violations of federal securities laws. On December 11, 2020, the U.S. Securities and Exchange Commission (“SEC”) issued a press release announcing that the “SEC Charges Sequential Brands Group Inc. with Deceiving Investors by Failing to Timely Impair Goodwill[.]” Specifically, the press release stated that “[a]s alleged, by […]

11/16 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Interface, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (November 16, 2020) – On November 12, 2020, a securities class action lawsuit was filed in the United States District Court for the Eastern District of New York against Interface, Inc. (NASDAQ: TILE).  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 […]

11/05 Federman & Sherwood Announces Investigation to File Securities Lawsuit for Investors in Luckin Coffee Inc.

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 […]

09/30 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Tactile Systems Technology, Inc.

To join this class action, please complete the following 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 the market price during the Class Period, which is May […]

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