The corporate generates income from sales of its printing systems and textile inks and other consumable merchandise to be used in its digital printers. Kornit also provides buyer help and gear providers to end-users of its printers by client help contracts, including specialized guidance, servicing, and repair service.
The criticism alleges that through the class time period, Defendants touted the corporate's aggressive edge from its technology and lack of Level of competition inside the direct-to-garment printing market which might let Kornit to keep up its existing shopper foundation and catch the attention of new customers Inspite of top quality Manage and customer support difficulties at its digital printing organization.
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Kornit also makes and sells textile inks along with other consumables for use in its digital printers. By consumer help contracts, Kornit also gives consumer aid and tools expert services for its printers, such as technical support, routine maintenance, and repair.
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The plaintiff is represented by Robbins Geller, which has in depth knowledge in prosecuting Trader class actions such as actions involving monetary fraud. You can check out a copy of the grievance by clicking listed here.
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Kornit further certain traders which the purportedly powerful need for the corporate’s services and products would permit it to take care of its existing consumer base and bring in new consumers that will Restrict the dangers associated with a considerable part of its revenues currently being concentrated among a little variety of big clients.
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