The licensing company is being sued in Los Angeles federal court by lead plaintiff Peter D’Arcy, seeking class certification for anyone who acquired SQBG shares between Nov. 3, 2016 and Dec. 11, 2020. The suit references the SEC’s own suit against Sequential, filed on Dec. 11, in which it accused the company of ignoring evidence of likely goodwill impairment in 2016-17. This action alleges the company and its management ... Log in to view full article.