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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.  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 Class Period, which is March 15, […]

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.  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 price during the Class Period, which is January […]

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. […]

08/20 Federman & Sherwood Announces Settlement Website of Class Action Lawsuit Against LeafFilter North, LLC and LeafFilter North of Texas, LLC

On July 9, 2019, the Honorable Judge David Alan Ezra entered a Preliminary Approval Order of the proposed settlement in the case styled Michael W. Tilleman v. LeafFilter North, LLC and LeafFilter North of Texas, LLC, filed in the United States District Court for the Western District of Texas, Case No. 18-cv-1152-DAE. The court scheduled a hearing for final approval of the settlement for November 25, 2019. Please visit www.consumerproductsettlement.com for any questions about the settlement and to file a settlement claim on or before November 5, 2019. If you have any questions about the settlement, you may contact Allicia […]

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 […]

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