Innventure (INV) Faces Securities Class Action Amid Questions Over DarkNX Project Bookings Removal, Stock Drops - Hagens Berman
Hagens Berman announced a securities class action against Innventure and certain executives and is soliciting investors who suffered substantial losses to come forward as lead plaintiff. The litigation follows a 55% single-day stock drop on August 14, 2026, triggered by Innventure removing the DarkNX 300MW data center project from its bookings and suspending 2026 revenue and cash flow expectations. A May 28, 2026 Morpheus Research report alleged there was zero evidence the DarkNX project existed; shares fell $4.795, or 74%, between May 27 and August 14, 2026. This release is a plaintiff-law-firm solicitation, not an issuer disclosure; the class period is Nov.
Key figures
- Class period
- Nov. 17, 2025 - Aug. 13, 2026
- Single day stock drop
- 55%
- Lead plaintiff deadline
- Oct. 27, 2026
- Stock drop dollars per share
- $4.795
- Stock drop pct may27 to aug14
- 74%
- Purported data center capacity
- 300MW
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.