SAN DIEGO, Feb. 2, 2018 – Johnson Fistel, LLP has commenced an investigation concerning whether Impinj, Inc. (NASDAQ: PI) violated federal securities laws. Impinj operates a platform that enables wireless connectivity to everyday items by delivering each items' unique identity, location, and authenticity to business and consumer applications.
On February 1, 2018, Impinj announced disappointing outlook and made known that CFO Evan Fein, who has been with the company since 2000, had resigned.
Following the news, Impinj stock was down nearly 50% in early morning trading on February 2, 2018.
If you have information that could assist in this investigation, including past employees and others, or if you are an Impinj shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ([email protected] johnsonfistel.com ) at 619-814-4471. If you email, please include your phone number.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
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SOURCE Johnson Fistel, LLP