Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor LLP announce that a federal class action lawsuit has been filed in the United States District Court for the Northern District of California against Identiv, Inc. (“Identiv” or “Company”) (NASDAQ CM: INVE) and several officers and directors for acts taken during the period of November 7, 2013 and November 23, 2015 (the “Class Period”).

If you lost more than $50,000.00 from shares purchased during the class period and wish to become proactively involved in the litigation, you are urged to contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at shareholders@thebriscoelawfirm.com, Patrick Powers at Powers Taylor LLP via email at shareholder@powerstaylor.com, or call toll free at (877) 728-9607. Shareholders who suffered a loss during the class period have until February 5, 2016 to seek appointment as lead plaintiff. There is no cost or fee to you.

According to the complaint, the defendants are alleged to have violated certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges, among other things, that Identiv issued false and misleading statements to investors and/or failed to disclose that: (1) it had engaged in inappropriate revenue recognition practices; (2) its senior management encouraged a closed and ineffective control environment; (3) its key accounting metrics were misstated; (4) it lacked adequate internal controls at all relevant times; and (5) as a result, its statements about the Company’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. On November 30, 2015, Identiv announced that its independent public accounting firm resigned and that the accounting firm was unwilling to be associated with the consolidated financial statements prepared by management for the 2015 fiscal periods. Identiv stock dropped significantly immediately following this announcement.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.