NEW YORK, NY / ACCESSWIRE / May 4, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Identiv, Inc. ("Identiv" or the "Company") (NASDAQ: INVE). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 237.

The investigation concerns whether Identiv and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On May 1, 2015, Identiv announced that it "filed a Form 12b-25 with the Securities and Exchange Commission with respect to its annual report on Form 10-K for the period ended December 31, 2014 (the "Annual Report"). The Company needs additional time to complete the information called for by Item III of Form 10-K, including the executive compensation information (the "Part III Information") which the Company was not able to complete by April 30, 2015 (the prescribed due date for the inclusion of the Part III Information in the Company's Annual Report filing) without unreasonable effort or expense due to the circumstances described below.

The Company has been served with a complaint (the "Complaint") from a former employee alleging, among other things, certain expense reimbursement issues with respect to certain executive officers and certain other employees of the Company. The Board of Directors of the Company has formed a special committee (the "Committee") to investigate the allegations contained in the Complaint and related matters with the assistance of independent counsel.

The Company is currently unable to predict when it will be in a position to file an amendment to its Annual Report on Form 10-K/A to include the required Part III Information as well as to file a definitive proxy statement in connection with the 2015 annual meeting. The Company expects to provide an update on its earnings call with respect to the quarter ended March 31, 2015."

View the SEC filing here: http://www.sec.gov/Archives/edgar/data/1036044/000119312515166676/d917976dnt10k.htm.

On this news, shares of Identiv fell $0.41 per share, to $9.00, or more than 4.36%, on intraday trading on May 4, 2015.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP