NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney is investigating potential claims against Impinj, Inc. (“Impinj” or the “Company”) (NASDAQ:PI). This investigation concerns whether Impinj has violated federal securities laws and/or engaged in other unlawful business practices.
On August 2, 2018, Impinj announced that it was delaying the release of its second quarter 2018 results. The Company further disclosed that its Audit Committee commenced an independent investigation in connection with a complaint filed by a former employee, and that Impinj contacted the Securities and Exchange Commission (“SEC”) to advise the SEC of the independent investigation. Following disclosure of this news, the price of Impinj shares on August 3, 2018 fell by $3.02, or approximately 7%, compared to the prior day’s trading price.
If you purchased or otherwise acquired Impinj securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at email@example.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: http://www.kmllp.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.