Glancy Prongay & Murray LLP (“GPM”) announces that it is investigating
potential claims on behalf of investors of Identiv, Inc. ("Identiv" or
the "Company") (Nasdaq: INVE). The investigation concerns the Company’s
and its officers’ possible violations of federal securities laws by
issuing materially misleading information to the investing public.
Investors that have suffered losses on their Identiv investment are
encouraged to contact GPM at 310-201-9150.
On November 30, 2015, post-market, Identiv announced that BDO USA, LLP
(“BDO”) “had resigned, effective immediately, as the Company’s
independent registered public accounting firm.” The Company further
disclosed that BDO “is unwilling to be associated with the consolidated
financial statements prepared by management for any of the fiscal
periods within 2015 and will not complete its reviews of the interim
financial information as of or for the periods ended March 31, 2015,
June 30, 2015 or September 30, 2015, and additionally will not audit the
Company’s consolidated financial statements as of and for the year
ending December 31, 2015 because of a disagreement with the Company,”
concerning the scope and the remediation of a special committee
investigation into Identiv’s accounting practices.
On this news, shares of Identiv fell $0.46, or 15.59%, to close at $2.49
on December 1, 2015.
If you purchased Identiv 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 Lesley Portnoy, Esquire, of GPM, 1925 Century Park East,
Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at
888-773-9224, by email to shareholders@glancylaw.com,
or visit our website at http://www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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