Energy News / Shareholders Foundation, Inc.

NASDAQ:KRNT Shareholder Notice: Investigation over Possible Securities Laws Violations by Kornit Digital Ltd.

Via: ReleaseWire

Updated 12:00 PM CDT, Tue, May 28,2019

An investigation for investors in Kornit Digital Ltd. (NASDAQ: KRNT) shares over potential securities laws violations by Kornit Digital Ltd. was announced.

San Diego, CA -- (SBWIRE) -- 05/28/2019 -- An investigation was announced concerning potential securities laws violations by Kornit Digital Ltd.

Investors who purchased shares of Kornit Digital Ltd. (NASDAQ: KRNT), have certain options and should contact the Shareholders Foundation at or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Kornit Digital Ltd. (NASDAQ: KRNT regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Isreal based Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry. On May 7, 2019, a report was published regarding Kornit Digital Ltd., entitled "Teed Up And Printing Rebates". The report alleged, among other issues, that Kornit Digital Ltd. was "not adequately disclosing" the terms of Amazon price rebates; that there was "a discrepancy between reported Amazon revenues in Kornit's filings"; and Kornit Digital Ltd. had engaged in "aggressive tactic[s]" with respect to reporting the cost of warrants granted to Amazon, "which the SEC questioned, and made [Kornit] restate results."

Those who purchased shares of Kornit Digital Ltd. (NASDAQ: KRNT) have certain options and should contact the Shareholders Foundation.

Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:

Media Relations Contact
Michael Daniels
Email: Click to Email Michael Daniels