Complaint alleges Innventure, Inc. misled investors between November 17, 2025 and August 13, 2026; investors may seek lead plaintiff role by October 27, 2026
LOS ANGELES, Oct. 19, 2026 /PRNewswire/ -- Glancy Prongay Wolke & Rotter LLP ("Glancy") announced today that the class action lawsuit covers investors who bought Innventure, Inc. ("Innventure" or the "Company") (NASDAQ: INV) securities between November 17, 2025 and August 13, 2026. The Innventure, Inc. case, Labed v. Innventure, Inc., et al., was filed on August 28, 2026 in the U.S. District Court for the Southern District of New York (Case No. 26-cv-07377).
Investors who suffered losses on Innventure, Inc. investments can submit their Innventure, Inc. loss information here before the October 27, 2026 lead plaintiff deadline.
Key dates in the Innventure, Inc. case
- Class period: November 17, 2025 to August 13, 2026
- Complaint filed: August 28, 2026
- Lead plaintiff deadline: October 27, 2026
What happened?
On August 13, 2026, Innventure reported second quarter 2026 results. Among other items, Innventure reported a loss per share of $0.32 missing consensus by approximately $0.15 and revenue of $953,000, missing consensus by approximately $1.02 million. The Company also suspended its previously communicated 2026 revenue and cash flow targets for Accelsius. "Evolving dynamics in the AI infrastructure market, including constraints facing smaller early adopters around power availability, GPU access, and deployment timing, have impacted our near-term expectations", explained CEO Bill Haskell. The Company admitted it has "learned something about the AI market. Adopting this technology requires GPU allocations, access to power and the scale to influence server designs, and those are precisely the things smaller companies can't get."
On this news, Innventure's stock price fell $1.98 per share, or 55.1%, to close at $1.62 per share on August 14, 2026, thereby injuring investors.
What is the Innventure, Inc. lawsuit about?
The Innventure, Inc. securities lawsuit alleges that, between November 17, 2025 and August 13, 2026, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Innventure, Inc.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose that: (1) Accelsius' alleged transformative deal with DarkNX was unlikely to come to fruition as no evidence of DarkNX constructing or facilitating a large scale AI data center existed; (2) as a result, the Company's stated revenue and cash flow targets for Accelsius in 2026 were overstated; and (3) as a result, defendants' positive statements about Innventure, Inc.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
"The complaint filed against Innventure, Inc. alleges that, among other things, the Company failed to disclose that Accelsius' alleged transformative deal with DarkNX was unlikely to come to fruition as no evidence of DarkNX constructing or facilitating a large scale AI data center existed. For investors who bought during the class period, the October 27, 2026 deadline is the first major step in this case," said Charles H. Linehan, Partner at Glancy Prongay Wolke & Rotter LLP.
What's the next step?
Glancy Prongay Wolke & Rotter LLP is a leading national shareholder rights law firm, ready to assist Innventure, Inc. investors in potentially pursuing claims to recover their losses.
If you wish to serve as lead plaintiff in the Innventure, Inc. class action, you must move the Court no later than October 27, 2026. To learn more about your rights, visit the Innventure, Inc. case page, email shareholders@glancylaw.com, or call 310-201-9150 (toll-free: 888-773-9224).
You may retain counsel of your choice. If you bought Innventure, Inc. securities during the class period, you may take no action and remain an absent class member. No class has been certified yet in the Innventure, Inc. case.
Frequently Asked Questions
Who is eligible? Investors who purchased or otherwise acquired Innventure, Inc. securities between November 17, 2025 and August 13, 2026 and suffered losses may be members of the proposed class in the Innventure, Inc. shareholder lawsuit. Any class member may ask the court to appoint them lead plaintiff by October 27, 2026.
What is a lead plaintiff? In the Innventure, Inc. class action, the lead plaintiff is the investor, or group of investors, that the court appoints to represent all class members and oversee the case. Under the Private Securities Litigation Reform Act, courts generally presume the movant with the largest financial interest is the most adequate lead plaintiff.
Do I have to be lead plaintiff to recover? No. A Innventure, Inc. investor's ability to share in any future recovery does not depend on serving as lead plaintiff. Innventure, Inc. investors may take no action and remain absent class members.
What is the deadline? Motions to serve as lead plaintiff in the Innventure, Inc. class action must be filed by October 27, 2026.
Does it cost anything to contact Glancy or participate in this action? Glancy represents Innventure, Inc. investors on a contingency fee basis, which means investors pay no attorneys' fees unless there is a recovery. Any fees are subject to court approval and are paid from the recovery.
Can I choose my own lawyer? Yes. Innventure, Inc. investors may retain counsel of their choice.
Why work with Glancy on the Innventure, Inc. lawsuit? Glancy Prongay Wolke & Rotter LLP is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Contact Glancy about the Innventure, Inc. lawsuit. Prior results do not guarantee a similar outcome.
About Glancy Prongay Wolke & Rotter LLP
Glancy was named one of Law360's Securities Groups of the Year and ranked second in total investor recoveries by ISS Securities Class Action Services in 2025.
Glancy's successes have been widely covered by leading news and industry publications, including The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron's, Investor's Business Daily, Forbes, and Money.
Prior results do not guarantee a similar outcome.
Related links
- Innventure, Inc. case page, Glancy Prongay Wolke & Rotter LLP
- Complaint: Labed v. Innventure, Inc., et al., U.S. District Court for the Southern District of New York
- press release
- Innventure, Inc. SEC filings index, EDGAR
- Glancy Prongay Wolke & Rotter LLP
Contact
Charles H. Linehan
Glancy Prongay Wolke & Rotter LLP
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Email: shareholders@glancylaw.com
Telephone: 310-201-9150 | Toll-free: 888-773-9224
www.glancylaw.com
Follow Glancy on LinkedIn, X, or Facebook.
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SOURCE Glancy Prongay Wolke & Rotter LLP
