OKLAHOMA CITY, June 29, 2009 (GLOBE NEWSWIRE) -- Federman & Sherwood, an Oklahoma-based law firm specializing in securities and consumer litigation, has launched an investigation into possible securities fraud by Matrixx Initiatives, Inc. (Nasdaq:MTXX). Although the company has recalled its Zicam nasal products, the company has been investigated by the SEC with respect to its marketing practices, and it is believed that information surrounding the Zicam line of products, as well as the Company's liability in connection with these products, was not reaching the Company's shareholders.
If you are a shareholder or former employee of Matrixx Initiatives and you have information that would assist our firm in its ongoing investigation, or if you have other questions relating to a loss you may have suffered in your investment, please contact William B. Federman at wbf@federmanlaw.com or (405) 235-1560.