Innodata Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

BOSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Innodata Inc. (NASDAQ: INOD) for potential securities law violations. Investors who have lost money in their Innodata Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit

What is this all about?

On February 15, 2024, Wolfpack Research issued a report on Innodata that alleges “despite management’s pumping that it is ‘delivering the promise of AI to many of the world’s most prestigious companies,’ it is a deteriorating, manual data-entry business driven by offshore labor, not innovation.”

Shares of Innodata Inc. stock dropped more than 20% in early intraday trading on February 15, 2024.

Who is eligible?

Anyone who purchased Innodata Inc. common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at, or by phone at (617) 398-5600.

Why should you contact Block & Leviton?

Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website,, or call (617) 398-5600 or email with any questions.

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Phone: (617) 398-5600

SOURCE: Block & Leviton LLP