Class Action Lawsuit Filed Against Innventure, Inc. (NASDAQ: INV)
Berger Montague PC has filed a class action lawsuit against Innventure, Inc. (NASDAQ: INV) on behalf of investors who purchased its securities between November 17, 2025 and August 13, 2026. The suit alleges that the company and certain officers misled investors regarding a data center deal with DarkNX, which was later revealed to be potentially fraudulent or non-existent by Morpheus Research in May 2026. This led to an 8% drop in stock price on May 28, 2026. Further revelations from Innventure's Q2 earnings report disclosed that the DarkNX project had been removed from internal bookings and its deployment site was no longer available, causing a subsequent 55% decline in stock value to $1.62 per share by August 14, 2026. The deadline for investors seeking lead plaintiff status is October 27, 2026. Innventure operates primarily through its subsidiary Accelsius and focuses on liquid cooling solutions for data centers.
Topics: data center deal allegations securities fraud stock price drop