News
James Cordier, President of OptionSellers.com Confessed His Losses on YouTube
A recent article by Marvin G. Perez, Isis Almeida and Naureen S. Malik of Bloomberg reported that James Cordier, President of OptionSellers.com confessed on YouTube of a catastrophic loss event in the U.S. energy markets causing loss all of the investment capital. OptionSellers accounts were liquidated. To view the article and YouTube announcement, please… Read More »
Federman & Sherwood Receives Award
Federman & Sherwood is pleased to announce that it was chosen as the winner of the 2018 Global Law Exerts Annual Awards for Securities Litigation and Arbitration Law Firm of the Year in Oklahoma for 2018.
Apple, Inc. Sued for iPhone Batteries and Performance
Oklahoma City, OK (January 2, 2018) – On December 28, 2017, Apple, Inc. posted “A Message to Our Customers” regarding the problems consumers have experienced with their iPhone 5, 6 and 7. Consumers have experienced problems with their iPhones unexpected shutdowns and slower performance in certain situations. To review the message from Apple, click… Read More »
Securities and Exchange Commission fines TPG Capital Advisors, LLC
Yesterday, December 21, 2017, the Securities and Exchange Commission (“SEC”) fined private equity giant TPG Capital Advisors, LLC for not explicitly disclosing its use of accelerated management fees, related to funds raised nearly a decade ago. The wrist-slap penalty is $13 million, which is below what some rival firms have been forced to pony… Read More »
Senate Kills Rule on Class-Action Suits Against Financial Companies
A recent article by Scott Neuman of NPR reported that the Senate voted to get rid of a banking rule that allows consumers to bring class-action lawsuits against banks and credit card companies to resolve financial disputes. To read the complete article, please click here.
Former State’s Seismologist Deposed in Oklahoma Earthquake Case
Last week, Plaintiff’s counsel took the deposition of former state seismologist Dr. Austin Holland in Albuquerque, New Mexico. To read more about Dr. Holland’s testimony, click here for the full story.
Carin L. Marcussen Named a “Rising Star”
Carin L. Marcussen Named a “Rising Star” Federman & Sherwood is pleased to announce that Carin L. Marcussen has been named a “Rising Star” for Class Action / Mass Torts by Super Lawyers, Oklahoma 2017. Ms. Marcussen has previously been named as a Rising Star in 2008, 2009, 2011, 2013, 2014 and 2015.
Federman & Sherwood Announces Transfer of Samsung Top-Load Washing Machine Multi-District Litigation to Oklahoma
Federman & Sherwood is pleased to announce that they successfully argued that the Samsung Top-Loading Washing Machine cases filed throughout the United States should be transferred by the Judicial Panel on Multidistrict Litigation to the federal district court in Oklahoma City (Western District of Oklahoma). The litigation concerns at least 26 lawsuits filed in… Read More »
New Equifax Revelation
A recent article by Lily Hay Newman of Wired reported after the Congressional Hearing six important issues that came out of the Hearing. With each new revelation about the devastating Equifax breach, the company’s defenses and response appear increasingly inadequate. To read the complete article, please click here.
St. Jude Medical Played Down Defibrillator Failures for Years, F.D.A. Says
The medical device maker St. Jude Medical played down the failure of some batteries in its defibrillators, shipping them for years before recalling the devices last fall, according to a warning letter the Food and Drug Administration issued this week. The company, acquired by Abbott Laboratories in January, also failed to tell its own… Read More »
Federman & Sherwood initiates Litigation Against Samsung Electronics America, Inc. and Samsung Electronics Co., Ltd.
Federman & Sherwood initiated litigation against Samsung Electronics America, Inc. and Samsung Electronics Co., Ltd. on January 13, 2017 on behalf of any and all consumers who have a Samsung home washing machines which have an inherently dangerous defect or suffer catastrophic failure during a given machine’s normal usage. Click here to see if… Read More »