BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Sequans Communications S.A. (“Sequans” or the “Company”) (NYSE: SQNS) investors concerning the Company and its officers’ possible violations of federal securities laws.
On August 1, 2017, Sequans disclosed that its second quarter revenue was negatively affected after the Company had to take product back into its inventory from an early 2016 sale related to its tablet business.
On this news, the Company’s stock price fell $0.67 per shares, or over 18%, to close at $3.01 per share on August 1, 2017.
If you purchased Sequans securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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