Oklahoma City, OK  (August 23, 2019) – Federman & Sherwood has initiated an investigation of Merrill Lynch and UBS Group AG.  UBS Group AG (NYSE:  UBS) sold a very complex investment strategy called Yield Enhancement Strategy (YES). Merrill Lynch sold a similar product called the Collateral Yield Enhancement Strategy (CYES). The primary strategy of these complex trading strategies, both of which utilized leverage and borrowed money putting investors at further risk, is called an “Iron Condor”. This involves simultaneously entering into multiple option positions at the same time while essentially betting on the volatility of the market and certain indexes. […]

Oklahoma City, OK  (August 23, 2019) – Federman & Sherwood has initiated an investigation of UBS Group AG and Merrill Lynch.  UBS Group AG (NYSE:  UBS) sold a very complex investment strategy called Yield Enhancement Strategy (YES). Merrill Lynch sold a similar product called the Collateral Yield Enhancement Strategy (CYES). The primary strategy of these complex trading strategies, both of which utilized leverage and borrowed money putting investors at further risk, is called an “Iron Condor”. This involves simultaneously entering into multiple option positions at the same time while essentially betting on the volatility of the market and certain indexes. […]

Oklahoma City, OK (August 15, 2019) – Federman & Sherwood, a boutique litigation law firm with offices in Texas and Oklahoma is investigating transactions in Cheniere Energy, Inc. (NYSE American:  LNG) stock by Carl Icahn (“Icahn”) and potential breaches of fiduciary duty by his representatives or Cheniere board members Samuel Merksamer, Neal Shear and Gian Andrea Botta, among others. The allegations, only recently disclosed and withheld from the public include statements including insider trading by Icahn and breaches of fiduciary duty by Cheniere board members to effectively do Icahn’s bidding and oust Cheniere founder, and then Chairman and CEO Charif […]

Oklahoma City, OK (August 6, 2019) – The law firm of Federman & Sherwood has initiated an investigation into 2U, Inc. [NASDAQ: TWOU] with respect to possible violations of federal securities laws. 2U, Inc. (“2U”) operates as an education technology company in the United States, Hong Kong, South Africa and the United Kingdom.  Federman & Sherwood’s investigation focuses on allegations that on July 30, 2019, after the close of trading, 2U disclosed its financial results for the quarter ended June 30, 2019.  The Company’s founder and Chief Executive Officer Christopher “Chip” Paucek stated “As we deliver our full portfolio of educational offerings to new […]

Oklahoma City, OK (May 14, 2018) – The law firm of Federman & Sherwood initiated an investigation into Brinker International, Inc. (Chili’s Grill & Bar) with respect to the data breach announced on May 11, 2018. Brinker International, the parent company of Chili’s, announced the data breach that may have resulted in unauthorized access or acquisition of their customers payment credit data, including debit card information.  Chili’s Grill & Bar is the flagship brand of Dallas-based Brinker International, Inc. (NYSE: EAT), a recognized leader in casual dining.  The breach happened between March and April, 2018.  Chili’s believes that malware was used […]

Oklahoma City, OK (July 30, 2019) –Federman & Sherwood, a boutique litigation law firm that has been appointed lead counsel in various data breach cases, initiates an investigation into Capital One Financial Corp. relating to a data breach affecting personal information of more than 100 million individuals in the United States.  Capital One reported that about 140,000 Social Security numbers were accessed and 80,000 bank account numbers from credit card customers.  Additional information including names, addresses, phone numbers, credit scores and credit limits were also exposed.  During an investigation it was revealed that the unauthorized access occurred between March 12 […]

Oklahoma City, OK (June 13, 2019) – The law firm of Federman & Sherwood initiates an investigation into AeroGrow International, Inc. [PINK:  AERO] relating to a malicious code which skimmed and stole information submitted by customers purchasing products through the AeroGrow website discovered on March 4, 2019.  AeroGrow believes that the code was likely active between October 29, 2018 and March 4, 2019.  AeroGrow believes that the malware gathered payment card numbers, expiration dates, security codes and the personal data of customers required to verify and process a payment.  If you wish to discuss this action, obtain further information and […]

Oklahoma City, OK (May 30, 2019) – The law firm of Federman & Sherwood initiates an investigation into Checkers Drive-In Restaurants, Inc. and Rally’s Drive-In Restaurants, Inc. relating to malware installed on point-of-sale systems at certain Checkers and Rally’s locations which appears to enable the unauthorized party to obtain the payment card data of some customers.  The malware was designed to collect information stored on the magnetic stripe of payments cards, including cardholder name, payment card number, card verification code and expiration date.  On May 29, 2019, Checkers and Rally’s issued a press release announcing the data breach.   If you […]

Oklahoma City, OK (May 31, 2019) – The law firm of Federman & Sherwood initiates an investigation into First American Financial Corp. [NYSE:  FAF] relating to the unauthorized access to more than 885 million records related to mortgage deals going back to 2003, according to a May 24, 2019 article by KrebsonSecurity. On May 28, 2019, First American Financial Corp. announced that it shut down external access to a production environment with a reported design defect that created the potential for unauthorized access to customer data.  First American Financial Corp. is one of the largest U.S. title insurers.  If you […]

If you purchased Kona coffee from any of the sellers listed above, have information to assist in our investigation; or, have any questions or concerns regarding this notice or preservation of your rights, to obtain a Questionnaire, click here and return to Allicia Bolton at adb@federmanlaw.com, by mail or by facsimile at (405) 239-2112. Oklahoma City, OK (April 17, 2019) – The law firm of Federman & Sherwood has initiated an investigation of retailers falsely stating the origin of coffee being sold as “Kona” coffee by the following sellers: Costco Wholesale Corporation Amazon.com Hawaiian Isles Kona Coffee, Ltd., LLC Cost […]