Apparel Co. Suggests SEC’s Accounting Case ‘Utterly Fails’

Legislation360 (February 26, 2021, 6:53 PM EST) — Sequential Brand names Group wishes a New York district court docket to toss a U.S. Securities and Exchange Commission lawsuit claiming the organization botched its quarterly reporting between 2016 and 2017, arguing the SEC grievance “totally fails” to show its situation and that the reporting methods used had no influence on traders.

The owner of different buyer makes — including the Jessica Simpson Assortment — argued Thursday that the firm’s in-residence specialists and an outdoors auditor keep on to “stand guiding” their reporting of the so-termed goodwill impairment that is the concentrate of the Dec. 11 SEC complaint.

The SEC statements the enterprise created…

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