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Category: Current Cases

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.  [contact-form-7 id=”1619″ title=”Interface, Inc. (NASDAQ:  TILE) 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 […]

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.  [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 […]

09/29 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Garrett Motion, Inc.

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 […]

09/17 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Nikola Corporation

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 […]

08/28 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Fastly, Inc.

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 […]

08/26 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Anaplan, Inc.

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 […]

08/21 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against American Electric Power Company, Inc.

To join this class action, please complete the following Investor Certification.   [contact-form-7 id=”1586″ title=”American Electric Power Company, Inc. (NYSE:  AEP) Investor Certification”] Oklahoma City, OK (August 21, 2020) – On August 20, 2020, a securities class action lawsuit was filed in the United States District Court for the Southern District of Ohio against American Electric Power Company, Inc. (NYSE: AEP).  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 […]

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