Thieler Law Corp Announces Investigation of Impinj Inc

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Impinj Inc (NASDAQ: PI) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Impinj Inc (NASDAQ: PI) concerning whether a series of statements by Impinj Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On August 2, 2018, the Company revealed that the release of its second quarter 2018 results would be delayed. In addition, the Company revealed that its Audit Committee commenced an independent investigation in connection with a complaint filed by a former employee, and that Impinj contacted the Securities and Exchange Commission to advise that the investigation was underway.

Following this news, NASDAQ: PI fell $3.02 per share or 13.73% to close at $18.97 per share on August 3, 2018.

Based in Seattle, Washington, and founded in 2000 Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's unique identity, location, and authenticity to business and consumer applications.

If you purchased shares of Impinj Inc (NASDAQ: PI) on or before August 2, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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