Legal

Shareholders of Innodata Inc. INOD Notified of Class Action Lawsuit and Lead Plaintiff Deadline

Published March 20, 2024

NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) — The Gross Law Firm has issued a notice to all shareholders of Innodata Inc. INOD, a prominent global data engineering company operational in the U.S., U.K., Netherlands, Canada, and Internationally, with headquarters in Ridgefield Park, New Jersey. This notification pertains to a newly filed class action lawsuit affecting individuals and entities that purchased shares of INOD during a specified period.

Understanding the Lawsuit

The lawsuit alleges that Innodata Inc. may have violated securities laws, and as a result, investors who acquired shares within the delineated class period are being informed of the litigation and the importance of their role. Shareholders are encouraged to ascertain their participation rights and potentially seek appointment as a lead plaintiff in the case.

Action Required for Shareholders

Those holding shares of INOD and who fall within the class period should be aware of the upcoming deadline to move the court for appointment as a lead plaintiff. This role is pivotal in class action suits as it involves representing the interests of all affected shareholders in the litigation process. The Gross Law Firm is providing legal counsel and guidance for shareholders who wish to discuss their legal rights in relation to this lawsuit.

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