INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Impinj, Inc. Investors (PI)
BENSALEM, Pa.--(BUSINESS WIRE)--Aug 3, 2018--Law Offices of Howard G. Smith announces that it has commenced an investigation on behalf of Impinj, Inc. (“Impinj” or the “Company”) (NASDAQ: PI ) investors concerning the Company and its officers’ possible violations of federal securities laws.
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.
On this news, Impinj’s share price fell approximately 15% during intraday trading on August 3, 2018, thereby injuring investors.
If you purchased Impinj 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.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180803005512/en/
CONTACT: Law Offices of Howard G. Smith
Howard G. Smith, Esquire
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Law Offices of Howard G. Smith
Copyright Business Wire 2018.
PUB: 08/03/2018 04:14 PM/DISC: 08/03/2018 04:14 PM