If you purchased Sequential Brands Group, Inc. shares prior to December 11, 2020, and wish to join this litigation as a potential lead plaintiff, please complete the following Investor Certification http://www.federmanlaw.com/wp-content/uploads/2020/12/InvestCertSQBGFinal.pdf
The law firm of Federman & Sherwood has initiated an investigation into Sequential Brands Group, Inc. [NASDAQ: SQBG] (“Sequential”) with respect to possible violations of federal securities laws.
On December 11, 2020, the U.S. Securities and Exchange Commission (“SEC”) issued a press release announcing that the “SEC Charges Sequential Brands Group Inc. with Deceiving Investors by Failing to Timely Impair Goodwill[.]” Specifically, the press release stated 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’s stock price fell sharply during intraday trading on December 11, 2020.
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 at firstname.lastname@example.org