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Category: News

08/19 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against SAExploration Holdings, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (August 19, 2019) – On August 18, 2019, a securities class action lawsuit was filed in the United States District Court for the Southern District of Texas against SAExploration Holdings, Inc. (NASDAQ: SAEX).  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 […]

08/15 An Investigation of Carl Icahn, Icahn Related Representatives and Cheniere Energy, Inc. for Possible Insider Trading and Violations of Federal Securities Laws Has Been Announced

Oklahoma City, OK (August 15, 2019) – Federman & Sherwood is investigating transactions by Carl Icahn in Cheniere Energy, Inc. (NYSE American:  LNG) common stock and potential breaches of fiduciary duty by Icahn’s representatives and Cheniere board members Samuel Merksamer, Neal Shear and Gian Andrea Botta, among others. The allegations include statements including insider trading by Icahn and breaches of fiduciary duty by Cheniere board members to do Icahn’s bidding and oust Cheniere founder, former Chairman and CEO Charif Souki (“Souki”). The allegations include possible agreements with board members to oust Souki and abandon ongoing projects to focus on short […]

08/15 Federman & Sherwood Announces Investigation of Cheniere Energy, Inc., Carl Icahn and Icahn Related Representatives for Possible Violations of Federal Securities Laws

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 […]

08/14 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Granite Construction Incorporated

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (August 14, 2019) – On August 13, 2019, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against Granite Construction Incorporated (NYSE: GVA).  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 October […]

08/14 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Pluralsight, Inc.

To join this class action, please complete the following Investor Certification.   Oklahoma City, OK (August 14, 2019) – On August 13, 2019, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against Pluralsight, Inc. (NASDAQ: PS).  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 […]

08/14 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against International Flavors & Fragrances, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (August 14, 2019) – On August 12, 2019, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against International Flavors & Fragrances, Inc. (NYSE: IFF).  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, […]

08/08 Federman & Sherwood Reminds Investors of Imminent Lead Plaintiff Deadline in the Securities Class Action Lawsuit against Pivotal Software, Inc.

If you purchased Pivotal Software, Inc. shares (1) traceable to Pivotal’s April 2018 initial public offering and/or (2) Pivotal securities between April 24, 2018 and June 4, 2019, have large losses as a result of your trades during this time period, and wish to join this litigation as a potential lead plaintiff, please complete the following Investor Certification.  On June 20, 2019, a class action lawsuit was filed in the United States District Court for the Northern District of California against Pivotal Software, Inc. (NYSE: PVTL).  Federman & Sherwood reminds current and former shareholders of Pivotal Software, Inc. that they […]

08/08 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against 2U, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (August 8, 2019) – On July 30, 2019, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against 2U, Inc. (NASDAQ: TWOU).  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 […]

08/07 Federman & Sherwood Announces New Date for the Final Fairness Hearing of A Class Action Settlement Against Samsung

On August 5, 2019, the Honorable Judge Timothy D. DeGiusti entered an Order granting the Unopposed Motion for Continuance and Extension of Time styled MDL 2792 Samsung Top-Load Washing Machine Marketing, Sales Practices and Products Liability Litigation, filed in the United States District Court for the Western District of Oklahoma, Case No. 17-ml-2792-D.  The hearing for Final Approval of the proposed Class Action Settlement has been continued from August 22, 2019 to Monday, October 7, 2019. Please visit www.washermdlsettlement.com for any questions about the settlement. If you have further questions about the settlement, you may contact Allicia Bolton adb@federmanlaw.com or […]

08/06 Federman & Sherwood Investigates 2U, Inc. for Possible Violations of Federal Securities Laws

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 […]

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