SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Sequans Communications S.A.G (SQNS)
NEW YORK, Aug. 2, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sequans Communications S.A.G ("Sequans" or the "Company") (NYSE: SQNS). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/sqns.
The investigation concerns whether Sequans and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On August 1, 2017, Sequans disclosed that second quarter revenue was negatively impacted by a product return from an early 2016 sale related to the tablet business. Following this news, Sequans stock dropped $0.67 per share, or over 18%, to close at $3.01 per share on August 1, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Sequans, you can assist this investigation by visiting the firm's site: www.bgandg.com/sqns. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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