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07/28 Federman & Sherwood Announces the Filing of a Class Action On Behalf of ClearBalance Data Breach Victims

To join this class action, please complete the following Questionnaire.  Questionnaire & Fee Agreement Oklahoma City, OK (July 28, 2021) – Federman & Sherwood has filed a class action on behalf of ClearBalance customers whose confidential information was disclosed to cybercriminals during a data breach involving ClearBalance’s email accounts. ClearBalance services loans made by banks to patients of healthcare providers. On March 8, 2021, cybercriminals infiltrated ClearBalance’s email account through a successful phishing attack. ClearBalance was unaware of the security breach until April 26, 2021, after the criminals had already attempted to commit wire fraud. The subsequent investigation into the […]

07/28 Federman & Sherwood Announces an Investigation of the UC San Diego Health Data Breach

To join this class action, please complete the following Questionnaire and Fee Agreement.  Questionnaire & Fee Agreement Oklahoma City, OK (July 28, 2021) – On or around July 27, 2021, UC San Diego Health (“UCSD Health”) announced that a recent phishing attack on employee email accounts may have exposed a range of personal and highly sensitive data between the dates of December 2, 2020 through April 8, 2021. UCSD Health’s investigation into the breach has thus far revealed that cybercriminals were able to access the following highly confidential information: Full name, address, date of birth, email, fax number, claims information […]

07/22 Weak US Privacy Law Hurts America’s Global Standing

Unrestrained data collection and selling doesn’t just harm citizens at home. It’s terrible foreign policy. Original article posted on Wired.com https://www.wired.com/story/weak-us-privacy-law-hurts-americas-global-standing/ Justin Sherman 7/20/2021   Last month, President Joe Biden signed an executive order replacing former president Trump’s orders that attempted to “ban” TikTok and WeChat in the United States. Among several praiseworthy components, it called for far more evidence-driven risk assessment of foreign software than the Trump administration’s. But the order focused entirely on data risks posed by foreign governments. Data risks posed by domestic firms, from widespread data collection to unrestricted data selling, also demand action from Washington. […]

07/21 Federman & Sherwood Announces the Investigation of the ClearBalance Data Breach

To join this class action, please complete the following Questionnaire.  Questionnaire & Fee Agreement Oklahoma City, OK (July 21, 2021) – On March 8, 2021, ClearBalance was a victim of a phishing attack. However, the security breach was not identified until April 26, 2021. The investigation into the breach revealed that cybercriminals were able to access the following highly confidential information: Names, tax IDs, Social Security numbers, dates of birth, government-issued ID numbers, telephone numbers, healthcare account numbers, balance amounts, dates of service, ClearBalance loan numbers and balances, personal banking information, clinical information, health insurance information, and full-face photographic images. […]

07/07 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Rekor Systems, Inc. f/k/a Novume Solutions, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (July 7, 2021) – On June 29, 2021, a securities class action lawsuit was filed in the United States District Court for the District of Maryland (Northern Division) against Rekor Systems, Inc. f/k/a Novume Solutions, Inc. (NASDAQ: REKR; NVMM).  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 […]

06/28 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Home Point Capital Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (June 28, 2021) – On June 21, 2021, a securities class action lawsuit was filed in the United States District Court for the Eastern District of Michigan against Home Point Capital Inc (NASDAQ: HMPT).  The complaint alleges violations of federal securities laws, Sections11 and 15 of the Securities Act of 1933, 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 began with the initial public offering […]

06/28 Federman & Sherwood Announces the filing of a Class Action Against Charles Schwab & Co., Inc.

Oklahoma City, OK (June 28, 2021) – Federman & Sherwood, a law firm specializing in litigation that has been appointed lead counsel in multiple class action matters, has recently filed suit against Charles Schwab & Co., Inc. relating to Schwab’s online brokerage system. This class action arises from Schwab’s failure to execute Plaintiff’s and other Class members’ orders pursuant to their instructions due to Schwab’s online trading system performing improperly when it failed to process trades in the way instructed by the client. Because of the improperly performing system, Plaintiff and Class members were unable to execute trades at the […]

06/04 Federman & Sherwood Announces Update to Class Action Lawsuit Against Robert Baffert and Zedan Racing Stables

On May 13, 2021, a group of horseplayers who placed bets on the 2021 Kentucky Derby filed a purported class action lawsuit against Robert Baffert, the trainer of the horse who finished first in the race, Medina Spirit, and against the owner of the horse, Zedan Racing Stables. The lawsuit is currently pending in the Central District of California. It was announced on May 8th at a Sunday press conference (via Lexington, KY., WLEX Television Station) that Medina Spirit tested positive in a post-race test for the banned drug, betamethasone, an anti-inflammatory steroid. This post-race positive drug test has now […]

05/19 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against ContextLogic Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (May 19, 2021) – On May 17, 2021, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against ContextLogic Inc. (NASDAQ: WISH).  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 stock price during the period December 16, 2020 through May […]

05/18 Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Array Technologies, Inc.

To join this class action, please complete the following Investor Certification.  Oklahoma City, OK (May 18, 2021) – On May 14, 2021, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against Array Technologies, Inc. (NASDAQ: ARRY).  The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, Rule 10b-5, and Sections 11, 12(a)(2), and 15 of the Securities Act of 1933, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of […]

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