Sequans Communications S.A.
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
| Case Summary | |
| Company Name: | Sequans Communications S.A. |
| Stock Symbol : | NYSE: SQNS |
| Class Period Start: | 04/29/2016 |
| Class Period End: | 07/31/2017 |
| Lead Plaintiff motion: | 10/10/2017 |
| Date Filed: | 08/09/2017 |
| Type of Case: | Securities Class Action |
| Court: | U.S. District Court for the Eastern District of New York |
| Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the October 10, 2017 lead plaintiff deadline in a class action lawsuit filed against Sequans Communications S.A. (NYSE: SQNS) I (“Sequans” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of New York and investors, who purchased Sequans Communications S.A. securities between April 29, 2016 and July 31, 2017, have until October 10, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Sequans Communications S.A. securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Sequans was improperly recognizing revenue; and as a result, certain public statements were materially false and misleading at all relevant times. On August 1, 2017, the Company disclosed that its revenue in the second quarter was negatively affected by a product return from an early 2016 sale related to the tablet business. Following this news, NYSE: SQNS dropped in value materially, causing investors harm. If you were negatively impacted by your investment in Sequans Communications S.A. securities between April 29, 2016 and July 31, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |
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