Innodata

INOD

ATLANTA, GA – – (Globe Newswire – February 21, 2024) – – A shareholder class action lawsuit has been filed against Innodata Inc. (“Innodata” or the “Company”) (NASDAQ: INOD). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material adverse information, including allegations that: (1) Innodata did not have a viable AI technology; (2) its Goldengate AI platform is a rudimentary software developed by just a handful of employees; (3) the Company was not going to utilize AI to any significant degree for new Silicon Valley contracts; and (4) Innodata was not effectively investing in research and development for AI.

If you bought Innodata shares between May 9, 2019 and February 14, 2024, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888)-508-6832 or, you may visit the firm’s website at www.holzerlaw.com/case/innodata/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is April 22, 2024.

Registration Deadline

Lead Plaintiff Deadline Has Passed

April 22, 2024

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