{"id":459035,"date":"2021-03-16T15:12:10","date_gmt":"2021-03-16T19:12:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=459035"},"modified":"2021-03-16T15:12:10","modified_gmt":"2021-03-16T19:12:10","slug":"shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\/","title":{"rendered":"SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm"},"content":{"rendered":"<p>        <!--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><b>SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2F&amp;esheet=52397023&amp;newsitemid=20210316006000&amp;lan=en-US&amp;anchor=The+Schall+Law+Firm&amp;index=1&amp;md5=9e541de3382c29d833ec8aa52488cd06\">The Schall Law Firm<\/a>, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sequential Brands Group, Inc. (\u201cSequential Brands\u201d or \u201cthe Company\u201d) (NASDAQ: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FSQBG&amp;esheet=52397023&amp;newsitemid=20210316006000&amp;lan=en-US&amp;anchor=SQBG&amp;index=2&amp;md5=c3031ee196f73a74be4f320502a5430b\">SQBG<\/a>) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.\n<\/p>\n<p>\nInvestors who purchased the Company&#8217;s securities between November 3, 2016 and December 11, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before May 17, 2021.\n<\/p>\n<p>\nIf you are a shareholder who suffered a loss, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fsequential-brands-group-inc%2F%23case-form&amp;esheet=52397023&amp;newsitemid=20210316006000&amp;lan=en-US&amp;anchor=click+here+to+participate&amp;index=3&amp;md5=52a54c45010a5adfc448ca6f0a87b0bf\">click here to participate<\/a>.\n<\/p>\n<p>\nWe also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fpr.report%2FmIwBkOrU&amp;esheet=52397023&amp;newsitemid=20210316006000&amp;lan=en-US&amp;anchor=www.schallfirm.com&amp;index=4&amp;md5=85dcf45fcef5e8b113b2a356e7902d0d\">www.schallfirm.com<\/a>, or by email at <a rel=\"nofollow\" href=\"mailto:brian@schallfirm.com\">brian@schallfirm.com<\/a>.\n<\/p>\n<p>\nThe class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.\n<\/p>\n<p>\nAccording to the Complaint, the Company made false and misleading statements to the market. Sequential Brands knew or should have known in late 2016 that its goodwill was impaired. The Company used every tactic possible to delay the material write down in goodwill starting in late 2016 and into 2017. The Company materially understated its operating expenses and net loss while simultaneously overstating its income from operations, goodwill, and assets during this period. The Company failed to maintain internal controls. Based on these facts, the Company\u2019s public statements were false and materially misleading throughout the class period. When the market learned the truth about Sequential Brands, investors suffered damages.\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fsequential-brands-group-inc%2F%23case-form&amp;esheet=52397023&amp;newsitemid=20210316006000&amp;lan=en-US&amp;anchor=Join+the+case&amp;index=5&amp;md5=2276bc3abbab6f57c9cbd4bd70a15916\">Join the case<\/a> to recover your losses.\n<\/p>\n<p>\nThe Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.\n<\/p>\n<p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316006000r1&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\/20210316006000\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210316006000\/en\/<\/a><\/span><\/p>\n<p>\nThe Schall Law Firm<br \/>\n<br \/>Brian Schall, Esq.<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.schallfirm.com&amp;esheet=52397023&amp;newsitemid=20210316006000&amp;lan=en-US&amp;anchor=www.schallfirm.com&amp;index=6&amp;md5=8386151e69b33c59294f98913de16ab7\">www.schallfirm.com<br \/>\n<\/a><br \/>Office: 310-301-3335<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@schallfirm.com\">info@schallfirm.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210316006000\/en\/827144\/3\/Schall-Firm-Logo-640x360.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sequential Brands Group, Inc. (\u201cSequential Brands\u201d or \u201cthe Company\u201d) (NASDAQ: SQBG) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between November 3, 2016 and December 11, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before May 17, 2021. If you &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm&#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-459035","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sequential Brands Group, Inc. (\u201cSequential Brands\u201d or \u201cthe Company\u201d) (NASDAQ: SQBG) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between November 3, 2016 and December 11, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before May 17, 2021. If you &hellip; Continue reading &quot;SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-16T19:12:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316006000r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm\",\"datePublished\":\"2021-03-16T19:12:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\\\/\"},\"wordCount\":438,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210316006000r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\\\/\",\"name\":\"SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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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\/shareholder-action-alert-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-sequential-brands-group-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contact\/","og_locale":"en_US","og_type":"article","og_title":"SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk","og_description":"SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sequential Brands Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sequential Brands Group, Inc. (\u201cSequential Brands\u201d or \u201cthe Company\u201d) (NASDAQ: SQBG) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between November 3, 2016 and December 11, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before May 17, 2021. 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