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Investors with losses are encouraged to contact the company before May 17, 2021; click Here Submit trade information
Los Angeles, May 11, 2021 (Global News)- Port Noy Law Firm Inform investors that they have represented Sequential Brands Group, Inc. (NASDAQ:SQBG) Investors who purchased stocks between November 3, 2016 and December 11, 2020. Investors must play an active role in the lawsuit before May 17, 2021.
Encourage investors to contact a lawyer Lesley F. Portnoy, To determine eligibility for this action, please call 310-692-8883 or e-mail, Or click here Join the case.
In the complaint, Sequential allegedly made material misleading and/or false statements, but did not disclose: (1) Sequential knew or should have known at the end of 2016 that its goodwill may have been damaged; (2) From the end of 2016 to 2017 Avoid and write down the materials as goodwill; (3) Sequential underestimated its net loss and operating expenses, and also exaggerated its goodwill, operating and asset gains from the end of 2016 to 2017; (4) Sequential’s internal control was insufficient (5) Sequential failed to correct, restate or disclose related misconduct, deception, omission, misrepresentation and violation of control; (6) Due to the above reasons, sequential law is more likely to be subject to regulatory review and enforcement; (7) Sequential’s statements about its business, operations and prospects are materially misleading and false and/or unreasonable statements at all relevant times. The lawsuit alleges that investors suffered losses when the real details entered the market.
A class action lawsuit has been filed. If you wish to serve as the lead plaintiff, you must hand over to the court before May 17, 2021.
Please visit our website View more information and submit your transaction information.
Portnoy Law Firm represents investors in handling claims arising from corporate misconduct. The company’s founding partners have recovered more than $5.5 billion for victims of investors. Lawyer advertisement. The previous results cannot guarantee similar results.
Lesley F. Portnoy, Esq.
Approved to join CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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