Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Sequential Brands To Contact Him Directly To Discuss Their Options
Faruqi & Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Sequential Brands Group, Inc. (“Sequential Brands” or the “Company”) (NASDAQ:SQBG).
If you suffered losses exceeding $50,000 investing in Sequential Brands stock or options and would like to discuss your legal rights, please fill out the form below, or call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). There is no cost or obligation to you.
On December 11, 2020, the SEC filed a complaint against Sequential Brands alleging the Company failed to timely impair its goodwill as required by generally accepted accounting principles. Specifically, the SEC stated in a press release announcing the lawsuit that "[a]s alleged, by avoiding an impairment to its goodwill in 2016, Sequential inflated its income from operations, created a false impression of its financial condition, and misstated its financial statements and reports for almost a year." On this news, Sequential Brands stock fell sharply on December 11, 2020.
Sequential Brands Group, Inc.
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Filed on 12/14/2020
685 Third Avenue 26th Floor
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Phone (212) 983-9330
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Robert W. Killorin email@example.com Phone (404) 847-0617 Fax (404) 506-9534
James M. Wilson, Jr. firstname.lastname@example.org Phone (212) 983-9330 Fax (212) 983-9331