Page 21 - Sequential Brands Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share this article Share this article NEW YORK, Dec. 18, 2020 /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 December 11, 2020, the U.S. Securities and Exchange Commission ("SEC") issued a press rele...

Home / Top News / ROSEN, A TRUSTED AND LEADING LAW FIRM, Announces Investigation of Securities Claims Against Sequential Brands Group, Inc. – SQBG ROSEN, A TRUSTED AND LEADING LAW FIRM, Announces Investigation of Securities Claims Against Sequential Brands Group, Inc. – SQBG NEW YORK, Dec. 16, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Sequential Brands Group, Inc. (NASDAQ: SQBG) resulting from allegations that Sequential may have issued materially misleading business i...

To print this article, all you need is to be registered or login on Mondaq.com. The SEC has just filed a complaint against Sequential Brands Group, Inc., a brand management company, for failing to take timely and appropriate goodwill impairment charges as required by GAAP and the federal securities laws, despite "clear evidence of goodwill impairment" (according to the press release). As a result, the SEC alleges, the company "materially understated its operating expenses and net loss and materially overstated its income from operations, goodwill, and total assets" in ...

Yehuda Shmidman In 2015 fashion house Sequential Brands Group acquired the Martha Stewart label, figuring the high-profile brand would give business a boost. It soon became clear internally that the boost wasn’t happening and Sequential would have to take a big loss, leaving officials at the company led by Chief Executive Yehuda Shmidman with a decision: Should they tell investors? They chose not to. Now the government is bringing the heat. Last week the Manhattan-based company was sued by the Securities and Exchange Commission, which claimed the company made “materially false and m...

SEC Charges Sequential Brands Group Inc. with Deceiving Investors by Failing to Timely Impair Goodwill Washington, D.C.--(Newsfile Corp. - December 11, 2020) - The Securities and Exchange Commission today charged New York-based brand-management company Sequential Brands Group Inc. with failing to impair its goodwill as required by accounting principles and the federal securities laws. The SEC's complaint alleges that Sequential failed to properly assess its goodwill for potential impairment after several months of declining stock prices followed by a precipitous drop in early November 2016. ...