{"id":459160,"date":"2021-03-16T16:32:12","date_gmt":"2021-03-16T20:32:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=459160"},"modified":"2021-03-16T16:32:12","modified_gmt":"2021-03-16T20:32:12","slug":"sequential-brands-group-investors-with-significant-losses-encouraged-to-contact-kehoe-law-firm-p-c","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sequential-brands-group-investors-with-significant-losses-encouraged-to-contact-kehoe-law-firm-p-c\/","title":{"rendered":"Sequential Brands Group Investors With Significant Losses Encouraged To Contact Kehoe Law Firm, P.C."},"content":{"rendered":"
\n

PHILADELPHIA, March 16, 2021 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims<\/a> on behalf of investors of Sequential Brands Group, Inc. (\u201cSequential Brands\u201d or the \u201cCompany\u201d) (<\/strong>NASDAQ: SQBG<\/strong><\/a>) <\/strong>to determine whether the Company engaged in securities fraud or other unlawful business practices.<\/p>\n

\n On March 16, 2021, a class action lawsuit was filed against Sequential Brands in United States District Court, Central District of California, on behalf of investors who purchased, or otherwise acquired, the securities of Sequential Brands between <\/strong>
\n
\n November 3, 2016 and December 11, 2020, both dates inclusive (the \u201cClass Period\u201d). <\/u>
\n <\/strong>\n <\/p>\n

According to the class action complaint, throughout the Class Period, the Sequential Brands Defendants made materially false and\/or misleading statements, because they misrepresented and failed to disclose the following adverse facts pertaining to the Company\u2019s business, operations and prospects, which were known to the Sequential Brands Defendants or recklessly disregarded by them.<\/p>\n

The Sequential Brands Defendants, according to the class action complaint, 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) Sequential Brands 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, the Sequential Brands Defendants\u2019 statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

\n INVESTORS WHO PURCHASED, OR OTHERWISE ACQUIRED, THE SECURITIES OF SEQUENTIAL BRANDS DURING THE CLASS PERIOD AND SUFFERED SIGNIFICANT LOSSES ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM\u2019S <\/strong>
\n
\n SECURITIES CLASS ACTION QUESTIONNAIRE<\/strong>
\n <\/a>
\n OR CONTACT KEVIN CAULEY, DIRECTOR, CLIENT RELATIONS, (215) 792-6676, EXT. 802, <\/strong>
\n
\n KCAULEY@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , <\/strong>
\n
\n SECURITIES@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , <\/strong>
\n
\n INFO@KEHOELAWFIRM.COM<\/strong>
\n <\/a>
\n , TO <\/strong>
\n DISCUSS THE\u00a0<\/strong>
\n
\n SECURITIES CLASS ACTION INVESTIGATION OR POTENTIAL LEGAL CLAIMS. <\/strong>
\n <\/a>\n <\/p>\n

\n Kehoe Law Firm, P.C.<\/a>, with offices in New York and Philadelphia, is a multidisciplinary, plaintiff\u2013side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct.\u00a0 Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.<\/p>\n

This press release may constitute attorney advertising.<\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

PHILADELPHIA, March 16, 2021 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Sequential Brands Group, Inc. (\u201cSequential Brands\u201d or the \u201cCompany\u201d) (NASDAQ: SQBG) to determine whether the Company engaged in securities fraud or other unlawful business practices. On March 16, 2021, a class action lawsuit was filed against Sequential Brands in United States District Court, Central District of California, on behalf of investors who purchased, or otherwise acquired, the securities of Sequential Brands between November 3, 2016 and December 11, 2020, both dates inclusive (the \u201cClass Period\u201d). According to the class action complaint, throughout the Class Period, the Sequential Brands Defendants made materially false and\/or misleading statements, because they misrepresented and … <\/p>\n

Continue reading “Sequential Brands Group Investors With Significant Losses Encouraged To Contact Kehoe Law Firm, P.C.”<\/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-459160","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSequential Brands Group Investors With Significant Losses Encouraged To Contact Kehoe Law Firm, P.C. - 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\/sequential-brands-group-investors-with-significant-losses-encouraged-to-contact-kehoe-law-firm-p-c\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sequential Brands Group Investors With Significant Losses Encouraged To Contact Kehoe Law Firm, P.C. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, March 16, 2021 (GLOBE NEWSWIRE) — Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Sequential Brands Group, Inc. 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