Sequential Brands Group Inc

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Company Name	Sequential Brands Group Inc
Stock Symbol	SQBG
Class Period	November 03, 2016 to December 11, 2020
Lead Plaintiff Motion Deadline	May 17, 2021

On December 11, 2020, the U.S. Securities and Exchange Commission (“SEC”) filed a complaint against Sequential for violations of the federal securities laws for failure to timely impair its goodwill as required by generally accepted accounting principles. Specifically, the SEC stated in a press release announcing the lawsuit that “[a]s alleged, by avoiding an impairment to its goodwill in 2016, Sequential inflated its income from operations, created a false impression of its financial condition, and misstated its financial statements and reports for almost a year.”

On this news, the Company’s stock price fell $2.03, or 11%, to close at $16.20 per share on December 11, 2020, thereby injuring investors.

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If you suffered a loss on your Sequential Brands Group Inc investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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