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Category: News

10/10 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against The Chemours Company

To join this class action, please complete the following Investor Certification.  [contact-form-7 id=”1345″ title=”The Chemours Company Investor Certification”] Oklahoma City, OK (October 10, 2019) – On October 8, 2019, a securities class action lawsuit was filed in the United States District Court for the District of Delaware against The Chemours Company (NYSE: CC).  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 […]

10/04 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Match Group, Inc.

To join this class action, please complete the following Investor Certification.  [contact-form-7 id=”1342″ title=”Match Group, Inc. Investor Certification”] Oklahoma City, OK (October 4, 2019) – On October 3, 2019, a securities class action lawsuit was filed in the United States District Court for the Northern District of Texas against Match Group, Inc. (NASDAQ: MTCH).  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 […]

10/02 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Overstock.com, Inc.

To join this class action, please complete the following Investor Certification.  [contact-form-7 id=”1340″ title=”Overstock.com, Inc. Investor Certification”] Oklahoma City, OK (October 2, 2019) – On September 27, 2019, a securities class action lawsuit was filed in the United States District Court for the District of Utah against Overstock.com, Inc. (NASDAQ: OSTK).  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 […]

10/02 Notice of Settlement – Akorn, Inc. (AKRX)

To:  All persons and/or entities who purchased common stock in Akorn, Inc. [AKRX] during the period from November 3, 2016 through January 8, 2019, inclusive, and were damaged thereby; a settlement has been announced in the securities litigation known as In Re Akorn, Inc. Data Integrity Securities Litigation, Civil Action No. 1:18-cv-01713, United States District Court for the Northern District of Illinois, Eastern Division.  For additional information about this settlement, please see the Notice and Proof of Claim (links provided below): Notice of Pendency and Proposed Settlement of Class Action and Settlement Fairness Hearing; Proof of Claim and Release. Claim […]

09/17 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against ProPetro Holding Corp.

To join this class action, please complete the following Investor Certification.   [contact-form-7 id=”1323″ title=”ProPetro Holding Corp. (NYSE:  PUMP) Investor Certification”] Oklahoma City, OK (September 17, 2019) – On September 16, 2019, a securities class action lawsuit was filed in the United States District Court for the Western District of Texas against ProPetro Holding Corp. (NYSE: PUMP).  The complaint alleges violations of federal securities laws, Sections 11 and 15 of the Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of materially false and/or misleading […]

09/16 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against ViewRay, Inc.

To join this class action, please complete the following Investor Certification.  [contact-form-7 id=”1321″ title=”ViewRay, Inc. Investor Certification”] Oklahoma City, OK (September 16, 2019) – On September 13, 2019, a securities class action lawsuit was filed in the United States District Court for the Northern District of Ohio against ViewRay, Inc. (NASDAQ: VRAY).  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 […]

09/09 Settlement Notice – Flowers Foods, Inc.

To:  All persons and/or entities who purchased common stock in  Flowers Foods, Inc. [NYSE: FLO] during the period from February 7, 2013 through August 10, 2016,  and were damaged thereby; a settlement has been announced in the securities litigation known as In re Flowers Foods, Inc. Securities Litigation, Case No. 7:16-cv-00222, United States District Court for the Middle District of Georgia.  For additional information about this settlement, please see the Notice and Proof of Claim (links provided below): Notice of Pendency and Proposed Settlement of Class Action and Settlement Fairness Hearing; Proof of Claim and Release. Claim submission deadline is […]

08/26 Merrill Lynch and UBS Group AG are being Investigated for Sales of Unsuitable Investments

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. […]

08/24 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Textron, Inc.

To join this class action, please complete the following Investor Certification.  [contact-form-7 id=”1308″ title=”Textron, Inc. (NYSE:  TXT) Investor Certification”] Oklahoma City, OK (August 24, 2019) – On August 22, 2019, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against Textron, Inc. (NYSE: TXT).  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 […]

08/24 UBS Group AG and Merrill Lynch are being Investigated for Sales of Unsuitable Investments

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. […]

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