Levi & Korsinsky, LLP announces the filing of a class action lawsuit in the United States District Court for the Northern District of California on behalf of shareholders of Identiv, Inc. (NASDAQ: INVE) who purchased shares between November 7, 2013 and November 23, 2015.
The complaint alleges that throughout the Class Period, defendants issued false and misleading statements to investors and/or failed to disclose that: (1) Identiv had engaged in inappropriate revenue recognition practices; (2) Identiv’s senior management encouraged a closed and ineffective control environment; (3) Identiv’s key accounting metrics were misstated; and (4) Identiv lacked adequate internal controls at all relevant times. If you suffered a loss in Identiv you have until February 5, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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