Oklahoma City, OK (May 8, 2020) – The law firm of Federman & Sherwood has initiated an investigation into CytoDyn Inc. [OTC: CYDY] and its officers and directors, with respect to possible violations of federal securities laws.  On April 27, 2020, CytoDyn, a late-stage biotechnology company, issued a press release indicating it had submitted a “Biologics License Application (“BLA”) to the U.S. Food and Drug Administration for Leronlimab as a combination therapy with HAART for highly treatment experienced HIV patients.” On May 7, 2020, CytoDyn announced that its BLA for Leronlimab “will be considered completed after the clinical datasets are […]

To complete a Confidential Questionnaire, please click here: http://www.federmanlaw.com/wp-content/uploads/2020/04/Questionnaire-AceUniverse.pdf Oklahoma City, OK (April 22, 2020) – Federman & Sherwood, a boutique class action litigation law firm, is investigating ACE Universe, Inc. for its failure to refund customers money for the ACE Comic Con Northeast event that was to be held in Boston in March, 2020. ACE claimed the three day event was nearly sold out through ticket sales by GrowTix LLC. Over $2 million in ticket sales were reported before the coronavirus pandemic State of Emergency was announced on March 11, 2020. Although ticket sales should have been refunded, it is […]

Federman & Sherwood, a boutique litigation law firm that has been appointed counsel in several data breach cases, has initiated an investigation into the data breach at Solara Medical Supplies, LLC. (“Solara”).  On June 28, 2019, Solar discovered that an unknown actor gained access to its employees Office 365 Accounts as a result of a phishing email campaign.  Customer and employee personal information that may have been accessed included first and last names, address, date of birth, social security number, employee identification number, personal medical information, health insurance information, financial information, credit / debit card information, driver’s license / state […]

Oklahoma City, OK (November 15, 2019) –Federman & Sherwood, a boutique litigation law firm that has been appointed counsel in various data breach cases, has initiated an investigation into Hy-Vee, Inc. relating to a data breach affecting debit and credit payment card data from cards used on point-of-sale (“POS”) devices at certain Hy-Vee fuel pumps, drive-thru coffee shops and restaurants (which include Hy-Vee Market Grilles, Hy-Vee Market Grille Expresses and the Wahlburgers locations that Hy-Vee owns and operates, as well as the cafeteria at Hy-Vee’s West Des Moines corporate office).  The data breach affecting cards used at these locations may […]

Oklahoma City, OK (October 15, 2019) –Federman & Sherwood, a boutique litigation law firm that has been appointed counsel in various data breach cases, has initiated an investigation into Chegg, Inc. relating to a data breach affecting personal information of more than 40 million student users of chegg.com.  Chegg reported that about 40 million user’s data, including user names, email addresses, shipping address and hashed Chegg passwords were accessed.  Chegg reported that the unauthorized party gained access on or around April 29, 2018 to the company database that hosts user data for chegg.com and certain of Chegg’s family of brands […]

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 […]