Press release
Deadline on April 17, 2023 coming up in Lawsuit for Investors in Kornit Digital Ltd. (NASDAQ: KRNT) Investor Alert: Deadline in Lawsuit on April 17, 2023
A Deadline is coming up on April 17, 2023, in the lawsuit for certain investors in Kornit Digital Ltd. (NASDAQ: KRNT).
Investors who purchased shares of Kornit Digital Ltd. (NASDAQ: KRNT) have certain options and there are strict and short deadlines running. Deadline: April 17, 2023. NASDAQ: KRNT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges on behalf of purchasers of Kornit Digital Ltd. (NASDAQ: KRNT) common shares between February 17, 2021 and July 5, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 17, 2021 and July 5, 2022, the Defendants repeatedly touted the competitive advantages provided by Kornit's technology and assured investors that the Company faced virtually no meaningful competition in the "direct-to-garment" printing market, that the Defendants also assured investors that there was strong demand for Kornit's digital printing systems and consumable products, such as textile inks, as well as for the services the Company provides customers to maintain and manage its digital printers, and to manage customer workflow,t hat the Defendants further assured investors that the strong demand for the Company's products and services would enable Kornit Digital Ltd. to maintain its existing customer base and attract new customers that would limit the risks associated with a substantial portion of its revenues being concentrated among a small number of large customers, that the Defendants knew, or at a minimum, recklessly disregarded, that the Company's digital printing business was plagued by severe quality control problems and customer service deficiencies, that those problems and deficiencies caused Kornit Digital Ltd. to cede market share to competitors, which, in turn, led to a decrease in the Company's revenue as customers went elsewhere for their digital printing needs, and that as a result of Defendants' misrepresentations, Kornit ordinary shares traded at artificially inflated prices between February 17, 2021 and July 5, 2022.
Those who purchased shares of Kornit Digital Ltd. (NASDAQ: KRNT) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Deadline on April 17, 2023 coming up in Lawsuit for Investors in Kornit Digital Ltd. (NASDAQ: KRNT) Investor Alert: Deadline in Lawsuit on April 17, 2023 here
News-ID: 3002727 • Views: …
More Releases from Shareholders Foundation
ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly …
An investor, who sold shares of Sina Corporation (formerly NASDAQ: SINA) in the merger between Seina Corporation and TuSimple Holdings, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by Sina Corporation (formerly NASDAQ: SINA in connection with certain allegedly false and misleading statements made.
If you sold a significant amount of shares of Sina Corporation (formerly NASDAQ: SINA) between October 13, 2020 and March 22, 2021, you have…
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: …
An investor, who purchased shares of Fluor Corporation (NYSE: FLR), filed a lawsuit alleged violations of Federal Securities Laws by Fluor Corporation in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 14, 2025. NYSE: FLR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779…
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp …
An investigation was announced for long-term investors in shares of Sable Offshore Corp. (NYSE: SOC) concerning potential breaches of fiduciary duties by certain directors of Sable Offshore Corp.
Investors who are current long term investors in Sable Offshore Corp. (NYSE: SOC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in…
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc …
An investor, who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH), filed a lawsuit over alleged violations of Federal Securities Laws by Lantheus Holdings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH) have certain options and for certain investors are short and strict deadlines running. Deadline: November 10, 2025. NASDAQ: LNTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for Kornit
Printed Textile Market to Witness Stunning Growth | Seiko Epson Corporation, Kor …
HTF MI recently introduced Global Printed Textile Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2030). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Seiko Epson Corporation (Japan), Kornit Digital (Israel), Mimaki Engineering Co.,…
Digital Textile Printing Market May Set Epic Growth Story | Mimaki, Kornit, SPGP …
Market Research Forecast published a new research publication on "Digital Textile Printing Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Digital Textile Printing market was mainly driven by the increasing R&D spending across the world.
Some of the key players…
T-Shirt Printing Machines Market is Going to Boom | Anajet, Seiko Epson, Kornit
Global T-Shirt Printing Machines Industry Market Industry Insights, Trend & Forecast 2029 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global T-Shirt Printing Machines Market. Some of the key players profiled in the study are…
DTG Printing Machine Market : Top Players -Kornit, Brother, Epson, Aeoon, RICOH
In the past few years, the DTG Printing Machine market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of DTG Printing Machine reached the predicted milestone in 2022 with the rising CAGR from 2017-2022. Facing the complicated international situation, the future of the DTG Printing Machine market is full of uncertain. Report predicts that the global DTG Printing Machine market size will…
DTG Printing Machine Market Top Industry Players | Kornit, Brother, Epson, Aeoon …
Global DTG Printing Machine Market Size was estimated at USD 204.2 million in 2021 and is projected to reach USD 710.6 million by 2028, exhibiting a CAGR of 19.5% during the forecast period.
Report Overview:
Global DTG Printing Machine Market Report 2022 comes with the extensive industry analysis by Introspective Market Research with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market…
Global Textile Digital Printing Machine Market 2019 - Mimaki, Konica Minolta, At …
This new report by Eon Market Research, titled “Global Textile Digital Printing Machine Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Textile Digital Printing Machine industry at a global as well as regional and country level. Key facts analyzed in this report include the Textile Digital Printing Machine market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This…
