CLASS NOTICE: On September 15, 2021, the Claims Administrator conducted the initial distribution of settlement funds to eligible claimants, as approved by order of the Court.

A second distribution occurred in November 2022. A third distribution occurred in July 2024. Subsequent distributions will occur on a rolling basis.

The information contained on this web page is only a summary of information presented in more detail in the Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Settlement Fairness Hearing; and (III) Motion for Attorneys’ Fees and Litigation Expenses (the “Notice”), which you can access by clicking here. Since this website is just a summary, you should review the Notice for additional details.  

The Parties have reached a settlement for $20,000,000 in cash (the “Settlement”) for the benefit of the Settlement Class.

On November 19, 2020, the Court held a hearing on approval of the Settlement and related matters and announced that it would approve the Settlement.  On November 20, 2020, the Court entered a Judgment approving the Settlement and orders approving the proposed Plan of Allocation and awarding attorneys’ fees and litigation expenses.

The Settlement Class consists of:

all persons and entities (including, without limitation, their beneficiaries) who purchased or otherwise acquired the publicly traded common stock of Impinj, Inc. (“Impinj”) during the period of July 21, 2016 through February 15, 2018, inclusive (the “Class Period”), and were damaged thereby.

The Settlement Class includes, but is not limited to, those persons and entities who purchased or otherwise acquired their Impinj common stock in, pursuant to, or traceable to the Company’s July 21, 2016 initial public offering or December 2, 2016 secondary public offering during the Class Period and were damaged thereby. Excluded from the Settlement Class by definition are certain persons and entities (see paragraph 22 of the Notice) or those who requested exclusion pursuant to the instructions set forth in the Notice (see paragraphs 51 to 53 of the Notice).

Please read the Notice to fully understand your rights and options. A copy of the Notice can be found in the menu on the left of this page.

The processing of claims and a data integrity audit were concluded in the first quarter of 2021. On May 19, 2021, Lead Plaintiff filed a motion with the Court for permission to conduct the initial distribution of the settlement funds to eligible class members. The Court approved the Distribution Motion on June 21, 2021. The Claims Administrator completed the Initial Distribution to Court-approved Claimants in September 2021. A second distribution occurred in November 2022. A third distribution occurred in July 2024. Subsequent distributions will occur on a rolling basis, provided that net settlement funds are available.

Please read the Notice carefully.  If you have questions, you may call the Impinj Securities Litigation Help Line at 1-877-869-0158 or email info@ImpinjSecuritiesLitigation.com.