Market Overview

Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Helios and Matheson Analytics, Inc.

Share:

Federman & Sherwood announces that on August 2, 2018, a class action
lawsuit was filed in the United States District Court for the Southern
District of New York against Helios and Matheson Analytics, Inc.
(NASDAQ:HMNY). 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 August 15, 2017 through July 26, 2018.

Plaintiff seeks to recover damages on behalf of all Helios and Matheson
Analytics, Inc. shareholders who purchased common stock during the Class
Period and are therefore a member of the Class as described above. You
may move the Court no later than Monday, October 1, 2018 to serve as a
lead plaintiff for the entire Class. However, in order to do so, you
must meet certain legal requirements pursuant to the Private Securities
Litigation Reform Act of 1995.

If you wish to discuss this action, obtain further information and
participate in this or any other securities litigation, or should you
have any questions or concerns regarding this notice or preservation of
your rights, please contact:

Robin Hester
FEDERMAN & SHERWOOD
10205 North Pennsylvania
Avenue
Oklahoma City, OK 73120
Email to: rkh@federmanlaw.com
Or,
visit the firm's website at www.federmanlaw.com

View Comments and Join the Discussion!