{"id":458932,"date":"2021-03-16T11:50:08","date_gmt":"2021-03-16T15:50:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458932"},"modified":"2021-03-16T11:50:08","modified_gmt":"2021-03-16T15:50:08","slug":"equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-sequential-brands-group-inc-investors-sqbg","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-sequential-brands-group-inc-investors-sqbg\/","title":{"rendered":"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. Investors \u2013 SQBG"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. Investors \u2013 SQBG<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nRosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Sequential Brands Group, Inc. (NASDAQ: SQBG) between November 3, 2016 and December 11, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Sequential Brands Group investors under the federal securities laws.\n<\/p>\n<p>\nTo join the Sequential Brands Group class action, go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2006.html&amp;esheet=52396882&amp;newsitemid=20210316005828&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2006.html&amp;index=1&amp;md5=ea61fc744a541613db155f2fc99a04bc\">http:\/\/www.rosenlegal.com\/cases-register-2006.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a rel=\"nofollow\" href=\"mailto:pkim@rosenlegal.com\">pkim@rosenlegal.com<\/a> or <a rel=\"nofollow\" href=\"mailto:cases@rosenlegal.com\">cases@rosenlegal.com<\/a> for information on the class action.\n<\/p>\n<p>\nAccording to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) in late 2016, the Company knew or should have known that its goodwill was likely impaired; (2) the Company avoided and delayed the material write down to goodwill in late 2016 through 2017; (3) the Company understated its operating expenses and net loss and also materially overstated its income from operations, goodwill, and assets from late 2016 through 2017; (4) the Company\u2019s internal controls were deficient; (5) the Company has failed to restate, correct, or disclose relevant improprieties, deceptive conduct, misstatements, omissions, and control violations; (6) as a result of the foregoing, the Company was at greater risk of regulatory scrutiny and enforcement; and (7) as a result, defendants\u2019 statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.\n<\/p>\n<p>\nA class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court <b>no later than May 17, 2021<\/b>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2006.html&amp;esheet=52396882&amp;newsitemid=20210316005828&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2006.html&amp;index=2&amp;md5=f70136bf14c5d6e05489903d1e0016a8\">http:\/\/www.rosenlegal.com\/cases-register-2006.html<\/a> or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at <a rel=\"nofollow\" href=\"mailto:pkim@rosenlegal.com\">pkim@rosenlegal.com<\/a> or <a rel=\"nofollow\" href=\"mailto:cases@rosenlegal.com\">cases@rosenlegal.com<\/a>.\n<\/p>\n<p>\nNO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR\u2019S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.\n<\/p>\n<p>\nFollow us for updates on LinkedIn: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;esheet=52396882&amp;newsitemid=20210316005828&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;index=3&amp;md5=e605781c23aee74d91f372623b5f06c0\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;esheet=52396882&amp;newsitemid=20210316005828&amp;lan=en-US&amp;anchor=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;index=4&amp;md5=b19524e942e74a5982fb2e6f539e5b29\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm&amp;esheet=52396882&amp;newsitemid=20210316005828&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm&amp;index=5&amp;md5=8a157de93a3b2cd05a34b7ce6accdee3\">https:\/\/www.facebook.com\/rosenlawfirm<\/a>.\n<\/p>\n<p>\nRosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm\u2019s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.\n<\/p>\n<p>\nAttorney Advertising. Prior results do not guarantee a similar outcome.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316005828r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210316005828\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210316005828\/en\/<\/a><\/span><\/p>\n<p>\nLaurence Rosen, Esq.<br \/>\n<br \/>Phillip Kim, Esq.<br \/>\n<br \/>The Rosen Law Firm, P.A.<br \/>\n<br \/>275 Madison Avenue, 40<sup>th<\/sup> Floor<br \/>\n<br \/>New York, NY 10016<br \/>\n<br \/>Tel: (212) 686-1060<br \/>\n<br \/>Toll Free: (866) 767-3653<br \/>\n<br \/>Fax: (212) 202-3827<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lrosen@rosenlegal.com\">lrosen@rosenlegal.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:pkim@rosenlegal.com\">pkim@rosenlegal.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:cases@rosenlegal.com\">cases@rosenlegal.com<\/a><span class=\"bwuline\"><br \/><\/span><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rosenlegal.com&amp;esheet=52396882&amp;newsitemid=20210316005828&amp;lan=en-US&amp;anchor=www.rosenlegal.com&amp;index=6&amp;md5=65a1c6fd93396640480d36e2908141a4\">www.rosenlegal.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. Investors \u2013 SQBG NEW YORK&#8211;(BUSINESS WIRE)&#8211; Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Sequential Brands Group, Inc. (NASDAQ: SQBG) between November 3, 2016 and December 11, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Sequential Brands Group investors under the federal securities laws. To join the Sequential Brands Group class action, go to http:\/\/www.rosenlegal.com\/cases-register-2006.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. According to the lawsuit, defendants throughout the Class &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-sequential-brands-group-inc-investors-sqbg\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. Investors \u2013 SQBG&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458932","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. Investors \u2013 SQBG - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-sequential-brands-group-inc-investors-sqbg\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. Investors \u2013 SQBG - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. Investors \u2013 SQBG NEW YORK&#8211;(BUSINESS WIRE)&#8211; Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Sequential Brands Group, Inc. (NASDAQ: SQBG) between November 3, 2016 and December 11, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Sequential Brands Group investors under the federal securities laws. To join the Sequential Brands Group class action, go to http:\/\/www.rosenlegal.com\/cases-register-2006.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. According to the lawsuit, defendants throughout the Class &hellip; Continue reading &quot;EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. 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Investors \u2013 SQBG - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-sequential-brands-group-inc-investors-sqbg\/","og_locale":"en_US","og_type":"article","og_title":"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. Investors \u2013 SQBG - Market Newsdesk","og_description":"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. Investors \u2013 SQBG NEW YORK&#8211;(BUSINESS WIRE)&#8211; Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Sequential Brands Group, Inc. (NASDAQ: SQBG) between November 3, 2016 and December 11, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Sequential Brands Group investors under the federal securities laws. To join the Sequential Brands Group class action, go to http:\/\/www.rosenlegal.com\/cases-register-2006.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. According to the lawsuit, defendants throughout the Class &hellip; Continue reading \"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. Investors \u2013 SQBG\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-sequential-brands-group-inc-investors-sqbg\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-16T15:50:08+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316005828r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-sequential-brands-group-inc-investors-sqbg\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/equity-alert-rosen-law-firm-files-securities-class-action-lawsuit-on-behalf-of-sequential-brands-group-inc-investors-sqbg\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Sequential Brands Group, Inc. 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