Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Sequans Communications S.A.G (NYSE:SQNS) resulting from allegations that Sequans may have issued materially misleading business information to the investing public.
On August 1, 2017, Sequans revealed that its revenue in the second quarter was negatively affected by a product return from an early 2016 sale related to the tablet business. On this news, shares of Sequans fell $0.67 per share or over 18% to close at $3.01 per share on August 1, 2017.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Sequans investors. If you purchased shares of Sequans on or before July 31, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1178.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Toll Free: 866-767-3653