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01/19 Yelp, Inc. [NYSE: YELP]

Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Yelp, Inc. Oklahoma City, OK (January 19, 2018) – On January 18, 2018, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against Yelp, Inc. (NYSE: YELP). 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 […]

01/17 AMC Entertainment Holdings, Inc. [NYSE: AMC]

Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against AMC Entertainment Holdings, Inc. Oklahoma City, OK (January 17, 2018) – On January 12, 2018, a securities class action lawsuit was filed in the United States District Court for the Southern District of New York against AMC Entertainment Holdings, Inc. (NYSE: AMC). 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 […]

01/14 Aradigm Corporation [NASDAQ: ARDM]

Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Aradigm Corporation Oklahoma City, OK (January 14, 2018) – On January 11, 2018, a securities class action lawsuit was filed in the United States District Court for the Northern District of California against Aradigm Corporation (NASDAQ: ARDM). 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 […]

01/14 Ekso Bionics Holdings, Inc. [NASDAQ: EKSO]

Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against Ekso Bionics Holdings, Inc. Oklahoma City, OK (January 14, 2018) – On January 2, 2018, a securities class action lawsuit was filed in the United States District Court for the Eastern District of New York against Ekso Bionics Holdings, Inc. (NASDAQ: EKSO). 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 […]

01/04 magicJack VocalTec Ltd. (2016) *Updated Claim Submission Deadline

To: All persons and/or entities who purchased common stock in magicJack VocalTec Ltd. [NASDAQ: CALL] during the period from November 12, 2013 through March 12, 2014, and were damaged thereby; a settlement has been announced in the securities litigation known as Gormley v. magicJack Vocaltec Ltd. et al, 1:16-cv-01869 , United States District Court for the Southern District of New York. 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 MARCH 19, 2018. If […]

01/02 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 here. If you have own an Apple iPhone 5, 6 or 7 and have experienced unexpected shutdowns or slower performance and would like to join the class action, please click here to obtain the paperwork to be included. Once completed, please email these forms to rkh@federmanlaw.com, fax to (405) 239-2121 […]

12/27 The Crypto Company [Other OTC: CRCW]

Federman & Sherwood Announces the Filing of a Securities Class Action Lawsuit against The Crypto Company Oklahoma City, OK (December 27, 2017) – On December 21, 2017, a securities class action lawsuit was filed in the United States District Court for the Central District of California against The Crypto Company (Other OTC: CRCW). 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 […]

12/22 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 up. Accelerated monitoring fees are when a private equity fund signs a long-term “monitoring” agreement with a portfolio company (e..g, 10 years), but is allowed to receive all 10 years of payment even if it sells the company before the term expires. Leaving aside the absurdity of […]

12/19 Arena Pharmaceuticals, Inc. – Settlement Notice

To: All persons and/or entities who purchased common stock in Arena Pharmaceuticals, Inc. [ARNA] during the period from March 17, 2008 to January 27, 2011, and were damaged thereby; a settlement has been announced in the securities litigation known as Schueneman v. Arena Pharmaceuticals, Inc., et al., Case No. 10-cv-1959-CAB-BLM, United States District Court for the Southern District of California. 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 April 13, 2018. If you […]

12/18 Lime Crime, Inc. – Settlement Notice

To: All potentially affected customers of Lime Crime, Inc. relating to the discovery of unauthorized malicious software on a server which stored certain personally identifiable information of Lime Crime, Inc.’s customers; a settlement has been announced in the securities litigation known as Koenig v. Lime Crime, Inc., Case No. 2:16-cv-00503-PSG, filed in the United States District Court for the Central District of California. 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 April 9, […]

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