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Kornit Digital Securities Settlement, Check If You Qualify — In re Kornit Digital Ltd. Securities Litigation, No. 2:23-cv-00888

There’s $19.5 million waiting to be split among Kornit Digital investors — if you bought KRNT ordinary shares between February 17, 2021, and July 5, 2022. Kornit agreed to pay $19,500,000 to settle claims that it made misleading statements about its business. You have until December 10, 2026, to file a claim.

Kornit Digital Securities Settlement — Key Facts

FieldDetails
Settlement Amount$19,500,000
Claim DeadlineDecember 10, 2026
Who QualifiesAnyone who purchased or acquired Kornit ordinary shares (NASDAQ: KRNT) between February 17, 2021, and July 5, 2022, inclusive, and/or through Kornit’s November 2021 secondary offering
Estimated PayoutEstimated average recovery of $0.53 per eligible share before court-approved fees and costs are deducted — actual amount depends on when you bought and sold, under the Plan of Allocation
Proof Required (Yes/No)Yes — trade confirmations, account statements, or a broker-authorized statement are required for every purchase, acquisition, and sale you list
Settlement StatusPreliminarily approved July 21, 2026; Settlement Hearing set for November 18, 2026
Court & Case NumberU.S. District Court for the District of New Jersey, Master File No. 2:23-cv-00888-MCA-AME
Law AllegedSection 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5, plus Section 20(a) against the individual defendants
AdministratorJND Legal Administration
Official Claim Sitekornitsecuritieslitigation.com
Last UpdatedAugust 25, 2026

Who Is Kornit Digital and Why Are They Being Sued for Securities Fraud?

Kornit Digital is an Israel-based company that makes and sells commercial textile printers, plus the ink and supplies that go with them, trading on NASDAQ under KRNT. Investors allege that CEO Ronen Samuel and CFO Alon Rozner made misleading statements about the health of Kornit’s business, its service contracts, and product demand — statements that allegedly kept the stock price inflated for over a year.

What Did Kornit Digital Do to Investors Between 2021 and 2022?

Here’s the core claim. Investors say Kornit and its executives misrepresented things like the strength of customer demand and the terms of its service contracts, which kept KRNT shares trading higher than they should have. When the truth started coming out — first on May 11, 2022, then again on July 5, 2022 — the stock price dropped both times. Those two dates are what the settlement calls “corrective disclosures.”

Kornit denies all of it, and a lot of the original case didn’t survive. The court’s ruling on the motion to dismiss threw out more than 90% of the alleged misstatements and every Securities Act claim, leaving only five statements in play. During arguments, the court itself called some of what survived a “close call.” That’s an unusually candid signal buried in the procedural history — it tells you this settlement reflects a case that had already been narrowed hard before the money was ever on the table.

Securities fraud settlements built around a Plan of Allocation formula, like this one, show up often. AllAboutLawyer.com’s coverage of the DiDi Global $740 million securities class action settlement walks through a similar documentation-heavy claims process for investors.

Are You Part of the Kornit Digital Securities Settlement?

Here’s exactly how to know if this case includes you.

  • Anyone who bought or otherwise acquired Kornit ordinary shares between February 17, 2021, and July 5, 2022
  • Investors whose shares are traceable to Kornit’s secondary stock offering in November 2021
  • Shareholders who held through either corrective disclosure date, even if they later sold at a loss
  • Brokerage account holders whose shares were held in “street name” through a nominee — you’re still the beneficial owner

You do not qualify if you’re a Kornit officer, director, or controlling person, an immediate family member of Samuel or Rozner, one of the underwriters on the 2021 offering (Citigroup, Barclays, Goldman Sachs, or Morgan Stanley), or a former Amazon entity named in the case. Option contracts on KRNT are not eligible securities — only the underlying ordinary shares count.

Kornit Digital Securities Settlement, Check If You Qualify — In re Kornit Digital Ltd. Securities Litigation, No. 2:23-cv-00888

Kornit Digital Investors Outside the U.S. — Are You Still Covered?

This is a federal securities class action, not a state consumer law case, so there’s no residency requirement. Anyone who purchased KRNT shares — U.S. resident or not — during the class period is covered, since eligibility turns on the transaction, not where you live.

That’s the test. No need to prove Kornit’s executives intended to mislead you personally — just that you bought or held shares during the window and can document it.

Not sure if you qualify for the Kornit Digital securities settlement? A free consultation with a securities fraud attorney can help before the December 10, 2026, deadline — especially if your trading history is complicated.

How Much Can Kornit Digital Settlement Class Members Get?

This one doesn’t pay a flat amount per share. Your payout depends on a “Recognized Loss Amount,” calculated from the date you bought, the date you sold (or whether you still hold), and how much alleged artificial inflation was baked into the price on each of those dates.

What “Up to $0.53 Per Share” Actually Means

The settlement’s damages expert estimates an average recovery of $0.53 per eligible share — before deducting attorneys’ fees and costs. If the requested 22% fee is approved, the average net cost works out to about $0.13 per share. Your actual number depends entirely on your specific trade dates.

Why Some Shares Are Worth More Than Others in This Settlement

Shares bought early in the class period (February 2021 through mid-February 2022) that were held all the way through July 5, 2022, cap out at $1.24 per share in recognized loss. Shares bought later, closer to the disclosures, can be worth more per share since the alleged inflation was higher then — up to $8.28 or more depending on the exact purchase date. Sell before May 11, 2022, though, and your Recognized Loss Amount on that lot is zero — the stock hadn’t corrected yet.

What Happens If You Made Money on Kornit Shares

Honestly, worth knowing before you spend time gathering paperwork: if your overall trading in Kornit shares nets out to a gain rather than a loss, your Recognized Claim is zero, even though you’re technically part of the Settlement Class. And if any individual payout calculates to less than $10, it isn’t distributed at all.

Class Counsel is asking the court for up to 22% of the fund in fees, plus up to $350,000 in litigation expenses, both paid from the settlement before anyone else gets their share.

How to File Your Kornit Digital Settlement Claim — Step by Step

  1. Go to kornitsecuritieslitigation.com/claim, the official claim site, or download the mail-in Proof of Claim and Release Form
  2. Gather documentation for every Kornit purchase, acquisition, and sale during and shortly after the class period — trade confirmations or account statements
  3. List your full transaction history in the Schedule of Transactions, including any holdings as of February 17, 2021, and October 3, 2022
  4. Attach copies (never originals) of your supporting documentation
  5. Sign the release and submit — mail to JND Legal Administration, P.O. Box 91050, Seattle, WA 98111, or file online
  6. Watch your mail for an acknowledgment postcard within 60 days — your claim isn’t officially considered filed until you get it

Takes longer than a typical consumer claim if you traded frequently — plan for more than five minutes if you have multiple lots to report. 107 days left as of today.

Should Kornit Digital Class Members Opt Out or Object Before October 28, 2026?

What Opting Out of the Kornit Digital Settlement Actually Means

Opting out means no share of the $19.5 million fund. In exchange, you keep the right to sue Kornit and the individual defendants yourself — though you could be time-barred by the statute of limitations if you wait too long after that. Most people should not opt out without talking to a lawyer first. The exclusion deadline is October 28, 2026, and your request must include your specific share purchase and sale history.

How to Object to the Kornit Digital Settlement

Objecting keeps you in the Class but tells the court you disagree with the terms, the Plan of Allocation, or the requested attorneys’ fees. Written objections go to the Clerk, U.S. District Court for the District of New Jersey, Martin Luther King Building & U.S. Courthouse, 50 Walnut Street, Room 4015, Newark, NJ 07101, with copies to Lead Counsel and Defendants’ Counsel, and must include documentation proving your Class membership.

Talk to a class action lawsuit attorney before October 28, 2026, if you’re considering either option.

Kornit Digital Securities Settlement — Key Dates, 2026

MilestoneDate
Settlement Preliminarily ApprovedJuly 21, 2026
Notice IssuedAugust 12, 2026
Exclusion (Opt-Out) DeadlineOctober 28, 2026
Objection DeadlineOctober 28, 2026
Notice of Intention to Appear DeadlineOctober 28, 2026
Claim Filing DeadlineDecember 10, 2026
Settlement HearingNovember 18, 2026, 3:00 p.m. ET
Expected Payment DateUNVERIFIED — the Notice states payments go out after any appeals are resolved and all claims processing is complete, with no specific date given

Kornit Digital Securities Litigation — Frequently Asked Questions, No. 2:23-cv-00888

Do I need a lawyer to file a Kornit Digital settlement claim? 

No, though many investors with complex trading histories choose to consult a securities fraud attorney given the documentation requirements. The Proof of Claim Form is built for self-filing.

Is the Kornit Digital settlement legitimate? 

Yes. It’s a $19.5 million settlement preliminarily approved by Judge Madeline Cox Arleo in the U.S. District Court for the District of New Jersey, administered by JND Legal Administration.

When will Kornit Digital settlement payments be sent? 

After the November 18, 2026, Settlement Hearing, following resolution of any appeals and completion of claims processing. No specific mailing date has been set.

What if I missed the Kornit Digital claim deadline?

 Claims postmarked or submitted online after December 10, 2026, are generally barred from payment. You’d still be bound by the settlement’s release, so contact the administrator at (855) 961-0955 if you’re close to the date.

Will my Kornit Digital settlement payment go on a 1099? 

Possibly, depending on the amount. Check with a tax professional about your lawsuit settlement payout and any backup withholding certification requirements on the claim form.

What is a Recognized Loss Amount, and how is mine calculated?

 It’s the formula the Claims Administrator uses to weigh each investor’s claim against the total pool, based on your specific purchase and sale dates and the amount of alleged artificial inflation removed by the two corrective disclosures on May 11 and July 5, 2022.

Do stock options in Kornit qualify for this settlement? 

No. Only ordinary Kornit shares (NASDAQ: KRNT) are eligible securities. Shares acquired by exercising options do count, using the exercise date and price.

What if I held my Kornit shares through an ERISA retirement plan?

 Don’t include ERISA plan shares on your own claim form. The plan’s trustees file separately on behalf of participants for those specific holdings.

Sources Used in This Kornit Digital Securities Article

  • Notice of Pendency of Class Action and Proposed Settlement, filed by Order of the Court, dated August 12, 2026: https://assets-us-01.kc-usercontent.com/1eeb16db-4934-006e-40a6-38fa91285ebb/37d85d1c-0c42-45d2-8ad0-71c80c184d03/Kornit%20Digital%20-%20Long%20Notice_Finalv2.pdf
  • Proof of Claim and Release Form, JND Legal Administration: https://assets-us-01.kc-usercontent.com/1eeb16db-4934-006e-40a6-38fa91285ebb/6b2b6446-5303-4f95-9e2c-cac41b0a4fe7/Kornit%20Digital%20-%20Claim%20Form_Final.pdf
  • Official Settlement Website — In re Kornit Digital Ltd. Securities Litigation: https://www.kornitsecuritieslitigation.com/

Researched and written by Israr Ahmad, legal content researcher and founder of AllAboutLawyer.com. All facts verified against the official Notice and Proof of Claim Form for In re Kornit Digital Ltd. Securities Litigation, as of August 25, 2026. Last Updated: August 25, 2026.

This article is for informational purposes only and does not constitute legal advice. Laws vary by state and individual circumstances differ. For advice about your specific situation, consult a qualified attorney.

About the Author

Israr Ahmad is a legal content researcher with 4+ years of experience covering class action settlements and consumer rights cases. He has researched and published coverage of 2,500+ settlements using verified court records, settlement administrator filings, and government sources. Learn more about Israr.

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