NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the District of New Jersey on behalf of those who acquired Innodata, Inc. ("Innodata" or the "Company") (NASDAQ:INOD) securities during the period of May 9, 2019 through February 14, 2024 inclusive ("the Class Period"). Investors have until April 22, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
[Click here to learn more about the class action]
On February 15, 2024, Wolfpack Research published a report alleging that Innodata misrepresented the nature and extent of its business and operations. The Wolfpack Report revealed that Goldengate, the centerpiece of Innodata's reported AI technology, was not as large of an investment as the Company represented. The research firm criticized the ...