Energy News / Shareholders Foundation, Inc.

NASDAQ:PI Long Term Investor Alert: Investigation of Potential Wrongdoing at IMPINJ Inc

Via: ReleaseWire

Updated 10:03 AM CST, Fri, February 22,2019

An investigation on behalf of current long term investors in IMPINJ Inc (NASDAQ: PI) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

San Diego, CA -- (SBWIRE) -- 02/22/2019 -- Certain directors of IMPINJ Inc are under investigation concerning potential breaches of fiduciary duties by certain directors.

Investors who are current long term investors in IMPINJ Inc (NASDAQ: PI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NASDAQ: PI stocks follows a lawsuit filed against IMPINJ Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: PI stocks, concerns whether certain IMPINJ directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants failed to disclose that the Company had engaged in conduct that could lead to an employee complaint and/or Audit Committee investigation, that the Company lacked adequate internal and financial controls, and that, as a result of the foregoing, Defendants' statements about Impinj's business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

Those who purchased shares of IMPINJ Inc (NASDAQ: PI) have certain options and should contact the Shareholders Foundation.

Contact:
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
mail@shareholdersfoundation.com

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:
http://www.sbwire.com/press-releases/nasdaqpi-long-term-investor-alert-investigation-of-potential-wrongdoing-at-impinj-inc-1156577.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com