{"id":460820,"date":"2021-03-18T10:03:33","date_gmt":"2021-03-18T14:03:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=460820"},"modified":"2021-03-18T10:03:33","modified_gmt":"2021-03-18T14:03:33","slug":"sqbg-shareholder-alert-bronstein-gewirtz-grossman-llc-reminds-sequential-brands-group-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sqbg-shareholder-alert-bronstein-gewirtz-grossman-llc-reminds-sequential-brands-group-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/","title":{"rendered":"SQBG Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Reminds Sequential Brands Group, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">March 18, 2021<\/span> \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed Sequential Brands Group, Inc.\u00a0(&#8220;Sequential Brands&#8221;\u00a0or &#8220;the Company&#8221;) (NASDAQ: SQBG)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Sequential Brands\u00a0securities\u00a0between <span class=\"xn-chron\">November 3, 2016<\/span> and <span class=\"xn-chron\">December 11<\/span>, 2020,\u00a0inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3100313-1&amp;h=1562413999&amp;u=http%3A%2F%2Fwww.bgandg.com%2Fsqbg&amp;a=www.bgandg.com%2Fsqbg\" rel=\"nofollow noopener noreferrer\">www.bgandg.com\/sqbg<\/a>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/439152\/Bronstein_Gewirtz_and_Grossman_LLC_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/439152\/Bronstein_Gewirtz_and_Grossman_LLC_Logo.jpg\" title=\"Bronstein, Gewirtz &amp; Grossman, LLC\" alt=\"Bronstein, Gewirtz &amp; Grossman, LLC\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. <\/b>\n      <\/p>\n<p>The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, and failed to disclose that:\u00a0(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&#8217;s 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&#8217; 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.<\/p>\n<p>\n        <b>A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm&#8217;s site: <\/b><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3100313-1&amp;h=1562413999&amp;u=http%3A%2F%2Fwww.bgandg.com%2Fsqbg&amp;a=www.bgandg.com%2Fsqbg\" rel=\"nofollow noopener noreferrer\">www.bgandg.com\/sqbg<\/a>\u00a0<b>or you may contact <span class=\"xn-person\">Peretz Bronstein, Esq.<\/span> or his Investor Relations Analyst, <span class=\"xn-person\">Yael Hurwitz<\/span> of Bronstein, Gewirtz &amp; Grossman, LLC at 212-697-6484. If you suffered a loss in Sequential Brands\u00a0you have until <span class=\"xn-chron\">May 17, 2021<\/span> to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/b><\/p>\n<p>Bronstein, Gewirtz &amp; Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm&#8217;s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Contact: <br \/>Bronstein, Gewirtz &amp; Grossman, LLC<br \/><span class=\"xn-person\">Peretz Bronstein<\/span> or Yael Hurwitz\u00a0 <br \/>212-697-6484 | <a target=\"_blank\" href=\"mailto:info@bgandg.com\" rel=\"nofollow noopener noreferrer\">info@bgandg.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC13033&amp;sd=2021-03-18\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/sqbg-shareholder-alert-bronstein-gewirtz--grossman-llc-reminds-sequential-brands-group-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-301249919.html\">http:\/\/www.prnewswire.com\/news-releases\/sqbg-shareholder-alert-bronstein-gewirtz&#8211;grossman-llc-reminds-sequential-brands-group-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-301249919.html<\/a><\/p>\n<p>SOURCE  Bronstein, Gewirtz &amp; Grossman, LLC<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC13033&amp;Transmission_Id=202103181000PR_NEWS_USPR_____DC13033&amp;DateId=20210318\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, March 18, 2021 \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed Sequential Brands Group, Inc.\u00a0(&#8220;Sequential Brands&#8221;\u00a0or &#8220;the Company&#8221;) (NASDAQ: SQBG)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Sequential Brands\u00a0securities\u00a0between November 3, 2016 and December 11, 2020,\u00a0inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/sqbg. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, and failed to disclose that:\u00a0(1) in late &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sqbg-shareholder-alert-bronstein-gewirtz-grossman-llc-reminds-sequential-brands-group-inc-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SQBG Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Reminds Sequential Brands Group, Inc. Investors of Class Action and Encourages Shareholders 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-460820","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SQBG Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Reminds Sequential Brands Group, Inc. 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The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, and failed to disclose that:\u00a0(1) in late &hellip; Continue reading &quot;SQBG Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Reminds Sequential Brands Group, Inc. 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Investors of Class Action and Encourages Shareholders to Contact the Firm - Market Newsdesk","og_description":"PR Newswire NEW YORK, March 18, 2021 \/PRNewswire\/ &#8212; Attorney Advertising &#8212; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed Sequential Brands Group, Inc.\u00a0(&#8220;Sequential Brands&#8221;\u00a0or &#8220;the Company&#8221;) (NASDAQ: SQBG)\u00a0and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Sequential Brands\u00a0securities\u00a0between November 3, 2016 and December 11, 2020,\u00a0inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/sqbg. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, and failed to disclose that:\u00a0(1) in late &hellip; Continue reading \"SQBG Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Reminds Sequential Brands Group, Inc. 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