Open for claimsSecuritiesKornit Digital Securities Settlement
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People and entities who purchased or acquired Kornit Digital ordinary shares from February 17, 2021 through July 5, 2022, inclusive, and/or pursuant or traceable to its November 2021 secondary offering may qualify for a share of a $19.5 million settlement. Payments depend on documented transactions, the approved allocation plan and the valid claims received; no individual amount is guaranteed.
Submit a signed claim with supporting investment records online, or mail it postmarked, no later than December 10, 2026. The proposed settlement requires final court approval. Defendants deny wrongdoing. ClaimBee is an independent reference; the official administrator handles claims.
Key facts
- Claim deadline
- December 10, 2026; online submission or mail postmark
- Settlement fund
- $19.5 million before fees, taxes and expenses
- Payment
- Pro rata based on recognized losses; amounts below $10 are not distributed
- Covered shares
- Kornit ordinary shares (KRNT)
- Purchase period
- February 17, 2021–July 5, 2022; November 2021 offering also covered
- Proof
- Transaction and holding records plus signed claim
Official settlement administrator: JND Legal Administration
Evidence for key facts
These excerpts record what official sources said when checked. Open a fact to see its source and supporting passage. Follow the source for the latest information.
Claim statusChecked
you must complete and submit a Proof of Claim and Release Form (“Claim Form”) with supporting documentation, no later than December 10, 2026.
Official online claim portalLive portal, File a Claim introduction
Who qualifiesChecked
all persons and entities who purchased or otherwise acquired ordinary shares of Kornit (i) during the period from February 17, 2021 through July 5, 2022, inclusive (the “Class Period”); and/or (ii) pursuant and/or traceable to Kornit’s secondary offering of ordinary shares in November 2021
Official long-form noticePDF p6, paragraph25
Who qualifiesChecked
Also excluded from the Settlement Class are any persons or entities who or which exclude themselves by submitting a request for exclusion that is accepted by the Court
Official long-form noticePDF p7, paragraph26; other exclusions and investment-fund exception at paragraph25 pp6–7
Who qualifiesChecked
Participants in and beneficiaries of any employee retirement and/or benefit plan covered by ERISA (“ERISA Plan”) should NOT include any information relating to shares of Kornit ordinary shares purchased through the ERISA Plan
Official long-form noticePDF p12, paragraph53
Payment and benefitsChecked
Defendants have agreed to cause $19,500,000 in cash (the “Settlement Amount”) to be paid into an escrow account.
Official long-form noticePDF p11, paragraph48; net-fund deductions and approval conditions pp11–12
Payment and benefitsChecked
The Net Settlement Fund will be distributed to Authorized Claimants on a pro rata basis based on the relative size of their Recognized Claims.
Official long-form noticePDF p21, paragraph95; allocation formulas pp18–23
Payment and benefitsChecked
If an Authorized Claimant’s Distribution Amount calculates to less than $10.00, no distribution will be made to that Authorized Claimant.
Official long-form noticePDF p22, paragraph96
Payment and benefitsChecked
If a Claimant had a Market Gain with respect to his, her, or its overall transactions in Kornit ordinary shares during the Class Period, the value of the Claimant’s Recognized Claim will be zero
Official long-form noticePDF p21, paragraph94; short-sale zero at paragraph90, before-May11 sale zero pp19–20
Proof requirementsChecked
Documentation may consist of copies of trade confirmations or account statements, or an authorized statement from your broker or other financial institution containing the transactional and holding information found in a trade confirmation or account statement.
Official claim formPDF p4, paragraph7
Proof requirementsChecked
All joint beneficial owners must sign this Claim Form and their names must appear as “Claimants” in Part I of this Claim Form.
Official claim formPDF p4, paragraph9; representative authority paragraph10, perjury paragraphs11/p9
Claim deadlineChecked
postmarked (if mailed) or submitted online no later than December 10, 2026.
Official claim formPDF p1; notice p3/p11 and dates page concur; no exact cutoff/timezone supplied
Who qualifies
- The class includes all persons and entities who purchased or otherwise acquired Kornit ordinary shares during February 17, 2021–July 5, 2022, inclusive, and/or pursuant or traceable to the November 2021 secondary offering. The class definition does not impose a state residency restriction. Only Kornit ordinary shares are covered; receipt of a notice alone does not establish eligibility or guarantee payment.
- Excluded are the defendants; immediate family of the individual defendants; the former underwriter defendants (Citigroup Global Markets, Barclays Capital, Goldman Sachs & Co. and Morgan Stanley & Co.); subsidiaries and affiliates of Kornit and those underwriters; Kornit officers, directors and controlling persons; entities controlled by a defendant or former underwriter defendant; defendants’ directors’ and officers’ liability insurers and their affiliates/subsidiaries; the former Amazon defendants (Amazon.com NV Investment Holdings and Amazon.com); and the legal representatives, heirs, successors or assigns of excluded parties. Court-accepted opt-outs are also excluded.
- The notice preserves an exception for investment companies, business entities and pooled investment funds in which former underwriters have an interest or their affiliates advise, where the underwriter alone or with affiliates is not a majority owner or does not hold a majority beneficial interest. Consult notice paragraphs 25–26 for the full exclusion rule.
- ERISA-plan participants should not include shares bought through the plan in their individual claims. Plan trustees may submit claims for the plan’s purchases. Eligible individual claims should include only shares purchased outside that plan.
How to submit a claim
- 1
Gather your investment records
Collect copies of trade confirmations, account statements or an authorized broker/financial-institution statement documenting your Kornit transactions and holdings. Report all requested activity, including profits, losses and transfers. The form asks for opening holdings on February 17, 2021 and transactions and holdings through October 3, 2022, including the 90-day look-back period. Do not send originals.
- 2
Complete the correct claim form
Use the official online portal or download the paper form. Supply the beneficial owner’s contact information, the last four digits of their Social Security or taxpayer identification number, and the transaction schedule. Submit separate forms for separate legal entities or separately managed accounts; do not combine an IRA with an individual account.
- 3
Sign and attach proof
The beneficial owner and all joint beneficial owners must sign. An authorized representative must identify their capacity and provide evidence of authority. Sign truthfully under penalty of perjury and attach the required supporting records. Missing transaction or holding details can cause rejection.
- 4
File by December 10, 2026
Submit online by December 10, or send the completed paper claim by First-Class Mail postmarked no later than December 10 to Kornit Securities Litigation, c/o JND Legal Administration, P.O. Box 91050, Seattle, WA 98111. Retain copies. The paper instructions say to call 855-961-0955 if an acknowledgment postcard has not arrived within 60 days.
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Frequently asked questions
How much will I receive?
There is no fixed award. After approved fees, expenses, administration costs and taxes, the net fund is allocated proportionally using recognized losses under the court-approved plan. Purchase and sale dates and prices, holdings and other valid claims affect payment. The notice’s $0.53 per eligible share is only an estimated average before deductions, not a promised rate.
Can an eligible investor receive no payment?
Yes. The proposed plan assigns zero recognized loss to shares sold before the close of trading on May 10, 2022, and to short sales and purchases covering short sales. An overall market gain results in a zero recognized claim; overall market losses can cap recognized claims. Calculated distributions below $10 are not paid. Read Appendix A for the full calculation.
Do I need proof of purchase?
Yes. Supply genuine records of the requested transactions and holdings, such as trade confirmations, account statements or an authorized broker statement. The parties and administrator do not independently have your investment records. A valid claim is required even if you received a settlement notice.
Is there an exact online cutoff time?
The issued notice, claim form and official dates page specify December 10, 2026 for online submission or mail postmark. They do not state an exact online cutoff time or timezone. Submit early and follow the official portal instructions.
When will payments be sent?
No payment date is guaranteed. The notice schedules the final approval hearing for November 18, 2026 at 3:00 p.m. Eastern Time. Distribution depends on court approval, resolution of appeals and completion of claims processing. Check the official site for changes.
What if I do nothing?
Without a valid claim, you receive no payment. Class members who do not validly exclude themselves remain bound by the settlement and its release if it becomes final. The notice lists October 28, 2026 as the receipt deadline for exclusions and objections; those procedures are separate from filing a payment claim.
Sources and official records
Consult these records for the official terms and current updates. ClaimBee's summary helps explain the settlement; the administrator and court documents determine the claim requirements and benefits.
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