Bragar Eagel & Squire, P.C. is investigating potential claims on behalf
of Identiv, Inc. (NASDAQ: INVE) investors concerning whether the
company’s officers and board of directors violated the federal
securities laws.
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 per share or over 15% to
close at $2.49 per share on December 1, 2015, damaging investors.
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 J. Brandon Walker, Esq. by email at investigations@bespc.com,
or telephone at (212) 355-4648, or by filling
out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating
in commercial and securities litigation. For additional information,
please go to www.bespc.com.
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