Innodata Inc.

INOD

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Lead Plaintiff Deadline:
April 22, 2024

Days Left:
-165

calendar

Allegations

The filed complaint alleges that defendants made false statements and/or concealed that: (1) Innodata did not have a viable AI technology; (2) its Goldengate AI platform, the centerpiece of Innodata’s reported AI technology, is a rudimentary software developed by just a handful of employees; (3) it was not going to utilize AI to any significant degree for new Silicon Valley contracts; (4) it was not effectively investing in research and development for AI; and (5) based on the foregoing, defendants lacked a reasonable basis for their positive statements about Innodata’s AI business and development and related financial results, growth, and prospects.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Innodata purchased or acquired during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Innodata during the relevant time frame, you have until April 22, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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