DENVER--(BUSINESS WIRE)--The Shuman Law Firm announces that it is investigating potential claims against certain officers and directors of Identiv, Inc. (“Identiv” or the “Company”) (Nasdaq:INVE). Identiv is a Fremont, CA-based company that operates as security technology company.
The Firm’s investigation relates to whether certain current and/or former senior officers and directors breached their fiduciary duties to the Company. Specifically, the firm is investigating whether certain senior officers and/or directors improperly used Company funds for personal use, including via allegedly false expense reimbursement requests. Following the disclosure of these allegations in a whistleblower lawsuit, Identiv’s independent auditor abruptly resigned. The Company’s stock price has fallen from a high of more than $20 per share in September 2014 to a price of approximately $2 per share as of June 22, 2016 – a 90% decrease.
If you currently own Identiv common stock and are interested in discussing your rights, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll free at (866) 569-4531 or email Mr. Shuman at email@example.com or Mr. Glenn at firstname.lastname@example.org.
The Shuman Law Firm represents investors throughout the nation, concentrating its practice in stockholder litigation.