The Schall Law Firm, a renowned national shareholder rights litigation firm, is urging investors who have incurred losses in Innodata Inc. to reach out to the firm before the final deadline of April 22, 2024. The class action lawsuit against Innodata Inc. alleges violations of the Securities Exchange Act of 1934 due to misleading statements made by the Company regarding its AI technology.
Investors who purchased Innodata’s securities between May 9, 2019, and February 14, 2024, are encouraged to participate in the lawsuit. The Complaint states that Innodata misrepresented the development of its AI technology, as the GoldenGate AI platform was basic software not extensively utilized in new contracts. The Company’s failure to invest in AI research & development led to false and materially misleading public statements, resulting in investor losses when the truth was revealed.
The Schall Law Firm, led by attorney Brian Schall, specializes in securities class action lawsuits and shareholder rights litigation. Investors worldwide can seek representation by contacting the firm to recover losses incurred due to alleged securities violations by Innodata Inc.
For more information or to discuss your rights free of charge, contact Brian Schall of the Schall Law Firm at 310-301-3335 or visit the firm’s website at www.schallfirm.com. Investors are reminded to act before the approaching deadline to ensure their participation in the lawsuit.
The Schall Law Firm emphasizes the importance of seeking legal counsel to protect shareholder rights and recover losses resulting from alleged fraudulent practices by companies like Innodata Inc. Join the case today to seek justice and potential compensation for your investments.
