D'AGOSTINO v. INNODATA INC. et al

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Case overview

Case Number:

2:24-cv-00971

Court:

New Jersey

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Jamel K. Semper

Firms

  1. March 11, 2025

    Innodata Slams 'AI Washing' Shareholder Suit As Flimsy

    Investors in data engineering company Innodata Inc. "essentially cut and pasted" claims from a short-seller's report on the company into their proposed class action accusing the company of "AI washing," despite the company's recovery from a related trading price dip, the company has argued.

  2. January 01, 2025

    Consumer Protection Issues To Watch In 2025

    The Federal Trade Commission's work to clamp down on surprise fees and make subscriptions easier to cancel faces an uncertain path forward in the wake of a looming leadership change, while the federal government's effort to shrink a sprawling tech liability shield is likely to heat up.

  3. February 22, 2024

    AI Software Co. Hasn't Actually Developed AI, Suit Says

    Software and data engineering company Innodata Inc. has been hit with a proposed class action alleging its stock price dropped more than 30% after a financial research firm published a report saying its promised artificial intelligence technology is "smoke and mirrors" and that its marketing claims are like "putting lipstick on a pig."