6-DAY DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Sequans Communications S.A. and Reminds Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / October 4, 2017 / Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against Sequans Communications S.A. (“Sequans” or the “Company”) (NYSE: SQNS). Investors, who purchased or otherwise acquired Sequans shares from April 29, 2016 through July 31, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm before the October 10, 2017 lead plaintiff motion deadline.

If you purchased Sequans shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 4000 Barranca Parkway, Suite 250, Irvine, CA 92604, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case yet, and until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member as well.

The Complaint alleges that, throughout the Class Period, Sequans made false and/or misleading statements, and/or failed to disclose, that it was improperly recognizing revenue, and as a result, its public statements were materially false and misleading at all relevant times. On August 1, 2017, the Company 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. Following this news, Sequans’ stock price fell materially, which caused investors harm according to the Complaint.

If you want to learn more about this lawsuit, or if you have questions regarding this notice or your rights, please contact Joon M. Khang, Esq., a prominent litigator for nearly two decades, by telephone at (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contact:

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 477091