Defendant Name:
Sequential Brands Group, Inc.
Defendant Type:
Public Company
SIC Code:
6211
CUSIP:
81734P10
Document Reference:
comp24981
Document Details
Legal Case Name
SEC v. Sequential Brands Group, Inc.
Document Name
Complaint
Document Date
11-Dec-2020
Document Format
Civil Proceeding
Case Number
20-cv-10471
Federal District Court
New York, Southern District of New York
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC stated: "This case arises from the failure of New York-based brand management company
Sequential to take into consideration clear, objective evidence of likely goodwill impairment, which avoided and delayed a material write down to goodwill in the fourth quarter of 2016 and
the first three quarters of 2017 (the “Relevant Period”)."