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NEW YORK, April 6, 2021 /PRNewswire/ Pomerantz LLP is investigating claims on behalf of investors of Sequential Brands Group, Inc. ( Sequential or the Company ) (NASDAQ: SQBG). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Sequential and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On November 9, 2017, Sequential issued a press release entitled Sequential Brands Group Announces Third Quarter 2017 Financial Results (the November 2017 Press Release ). The November 2017 Press Release announced that [i]ncluded in the net loss for the third quarter 2017 were non-cash impairment charges of $36.5 million for indefinite-lived intangible assets related to the trademarks of five of the Company s non-core brands[,] marking the first time the Company noted its need for impa
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