{"success":true,"data":{"pressRelease":{"id":"161139","rtpr_id":"nNFCc2T7Gg-20261005","ticker":"INV","exchange":"NASDAQ","all_tickers":["INV"],"title":"Innventure (INV) Faces Securities Fraud Class Action Amid Questions Over DarkNX Project Bookings Removal, Stock Drops - Hagens Berman","author":"Newsfile Corp","published_at":"2026-10-05T22:38:13.686Z","article_body":"San Francisco, California--(Newsfile Corp. - October 5, 2026) - Innventure,\nInc. (NASDAQ: INV) and certain executives face a securities class action\nlawsuit after its stock price cratered 55% on August 14, 2026, triggered by\nthe company's decisions to remove the DarkNX project from its 2026 forecast\nand suspend its revenue guidance.\n\nAs a result of these developments, national shareholders rights firm Hagens\nBerman is investigating claims that Innventure violated the federal securities\nlaws. The firm encourages Innventure investors who suffered substantial losses\nto submit your losses now (https://api.newsfilecorp.com/redirect/GzbOvcWWb0).\n\nClass Period: Nov. 17, 2025 - Aug. 13, 2026\nLead Plaintiff Deadline: Oct. 27, 2026\nVisit: www.hbsslaw.com/inv\nContact the Firm Now: INV@hbsslaw.com\n844-916-0895\n\nInnventure, Inc. ($INV) Securities Class Action:\n\nThe litigation is focused on the propriety of Innventure's statements about\nAccelsius' arrangement with DarkNX, a purported global digital infrastructure\ncompany, under which DarkNX would deploy Accelsius' NeuCool technology across\na new 300MW AI data center campus in Ontario, Canada.\n\nMore specifically, the company has characterized the project as \"the largest\ntwo-phase, direct-to-chip deployment to date, signaling a major shift toward\nlarge-scale industry adoption of next-generation cooling.\" In addition, during\nthe Class Period, Innventure assured investors that the DarkNX project is\n\"proceeding as expected with initial deliveries expected in 2026.\"\n\nThe company's narrative began to come into question on May 28, 2026. That day,\nforensic research firm Morpheus Research published \"Innventure: The Latest\nIteration Of A Decades-Long Grift Propped Up By A Fake 300MW Data Center\nDeal.\" According to the Morpheus report, there was \"zero evidence this project\nexists or that DarkNX has the team or funding to even contemplate such a\nproject.\"\n\nThe report said \"[a]ccording to a former Innventure executive, management was\nusing 'false information' and revenue projections that were 'pure fiction' to\nsolicit investments into Accelsius.\" Quoting a former Accelsius employee, when\nasked about DarkNX, the former employee reportedly said \"'we've never heard of\nthe company'\" and \"'there's no data center.'\"\n\nOn August 13, 2026, Innventure's narrative fully unraveled, when the company\nrevealed \"that the deployment site identified in the DarkNX purchase order is\nno longer available.\" Accordingly, the company removed the DarkNX project from\nits internal bookings and suspended its 2026 revenue and cash flow\nexpectations.\n\nAs a result of these revelations, between May 27, 2026 (the day before\nMorpheus' report) and August 14, 2026, the price of Innventure shares crumbled\n$4.795, or a whopping 74%.\n\n\"We're focused on whether Innventure may have intentionally or recklessly\nmisled its shareholders about the viability of the DarkNX project,\" said Reed\nKathrein (https://api.newsfilecorp.com/redirect/mjmoWHkkVk), the Hagens Berman\npartner leading the firm's investigation.\n\nIf you invested in Innventure and have substantial losses, or have knowledge\nthat will assist the firm's investigation, submit your losses now\n(https://api.newsfilecorp.com/redirect/kXGzviQQGn) »\n\nWhistleblowers: Persons with non-public information regarding Innventure\nshould consider their options to help in the investigation or take advantage\nof the SEC Whistleblower program. Under the new program, whistleblowers who\nprovide original information may receive rewards totaling up to 30 percent of\nany successful recovery made by the SEC. For more information, call Reed\nKathrein at 844-916-0895 or email INV@hbsslaw.com.\n\n# # #\n\nAbout Hagens Berman (https://api.newsfilecorp.com/redirect/B5bN3U22o1)\nHagens Berman is a global plaintiffs' rights complex litigation firm focusing\non corporate accountability. The firm is home to a robust practice and\nrepresents investors as well as whistleblowers, workers, consumers and others\nin cases achieving real results for those harmed by corporate negligence and\nother wrongdoings. Hagens Berman's team has secured more than $2.9 billion in\nthis area of law. More about the firm and its successes can be found at\nhbsslaw.com (https://api.newsfilecorp.com/redirect/5W3pMh337n). Follow the\nfirm for updates and news at @ClassActionLaw.\n\nAttorney Advertising. Prior results do not guarantee a similar outcome in any\nfuture case.\n\nContact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley,\nCA 94710, 844-916-0895, INV@hbsslaw.com\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/317557","article_body_html":"","raw_payload":{"data":{"id":"nNFCc2T7Gg-20261005","title":"Innventure (INV) Faces Securities Fraud Class Action Amid Questions Over DarkNX Project Bookings Removal, Stock Drops - Hagens Berman","author":"Newsfile Corp","ticker":"INV","created":"2026-10-05T22:38:13.686Z","tickers":["INV"],"exchange":"NASDAQ","article_body":"San Francisco, California--(Newsfile Corp. - October 5, 2026) - Innventure,\nInc. (NASDAQ: INV) and certain executives face a securities class action\nlawsuit after its stock price cratered 55% on August 14, 2026, triggered by\nthe company's decisions to remove the DarkNX project from its 2026 forecast\nand suspend its revenue guidance.\n\nAs a result of these developments, national shareholders rights firm Hagens\nBerman is investigating claims that Innventure violated the federal securities\nlaws. The firm encourages Innventure investors who suffered substantial losses\nto submit your losses now (https://api.newsfilecorp.com/redirect/GzbOvcWWb0).\n\nClass Period: Nov. 17, 2025 - Aug. 13, 2026\nLead Plaintiff Deadline: Oct. 27, 2026\nVisit: www.hbsslaw.com/inv\nContact the Firm Now: INV@hbsslaw.com\n844-916-0895\n\nInnventure, Inc. ($INV) Securities Class Action:\n\nThe litigation is focused on the propriety of Innventure's statements about\nAccelsius' arrangement with DarkNX, a purported global digital infrastructure\ncompany, under which DarkNX would deploy Accelsius' NeuCool technology across\na new 300MW AI data center campus in Ontario, Canada.\n\nMore specifically, the company has characterized the project as \"the largest\ntwo-phase, direct-to-chip deployment to date, signaling a major shift toward\nlarge-scale industry adoption of next-generation cooling.\" In addition, during\nthe Class Period, Innventure assured investors that the DarkNX project is\n\"proceeding as expected with initial deliveries expected in 2026.\"\n\nThe company's narrative began to come into question on May 28, 2026. That day,\nforensic research firm Morpheus Research published \"Innventure: The Latest\nIteration Of A Decades-Long Grift Propped Up By A Fake 300MW Data Center\nDeal.\" According to the Morpheus report, there was \"zero evidence this project\nexists or that DarkNX has the team or funding to even contemplate such a\nproject.\"\n\nThe report said \"[a]ccording to a former Innventure executive, management was\nusing 'false information' and revenue projections that were 'pure fiction' to\nsolicit investments into Accelsius.\" Quoting a former Accelsius employee, when\nasked about DarkNX, the former employee reportedly said \"'we've never heard of\nthe company'\" and \"'there's no data center.'\"\n\nOn August 13, 2026, Innventure's narrative fully unraveled, when the company\nrevealed \"that the deployment site identified in the DarkNX purchase order is\nno longer available.\" Accordingly, the company removed the DarkNX project from\nits internal bookings and suspended its 2026 revenue and cash flow\nexpectations.\n\nAs a result of these revelations, between May 27, 2026 (the day before\nMorpheus' report) and August 14, 2026, the price of Innventure shares crumbled\n$4.795, or a whopping 74%.\n\n\"We're focused on whether Innventure may have intentionally or recklessly\nmisled its shareholders about the viability of the DarkNX project,\" said Reed\nKathrein (https://api.newsfilecorp.com/redirect/mjmoWHkkVk), the Hagens Berman\npartner leading the firm's investigation.\n\nIf you invested in Innventure and have substantial losses, or have knowledge\nthat will assist the firm's investigation, submit your losses now\n(https://api.newsfilecorp.com/redirect/kXGzviQQGn) »\n\nWhistleblowers: Persons with non-public information regarding Innventure\nshould consider their options to help in the investigation or take advantage\nof the SEC Whistleblower program. Under the new program, whistleblowers who\nprovide original information may receive rewards totaling up to 30 percent of\nany successful recovery made by the SEC. For more information, call Reed\nKathrein at 844-916-0895 or email INV@hbsslaw.com.\n\n# # #\n\nAbout Hagens Berman (https://api.newsfilecorp.com/redirect/B5bN3U22o1)\nHagens Berman is a global plaintiffs' rights complex litigation firm focusing\non corporate accountability. The firm is home to a robust practice and\nrepresents investors as well as whistleblowers, workers, consumers and others\nin cases achieving real results for those harmed by corporate negligence and\nother wrongdoings. Hagens Berman's team has secured more than $2.9 billion in\nthis area of law. More about the firm and its successes can be found at\nhbsslaw.com (https://api.newsfilecorp.com/redirect/5W3pMh337n). Follow the\nfirm for updates and news at @ClassActionLaw.\n\nAttorney Advertising. Prior results do not guarantee a similar outcome in any\nfuture case.\n\nContact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley,\nCA 94710, 844-916-0895, INV@hbsslaw.com\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/317557"},"type":"article","timestamp":"2026-10-05T22:38:13.736957436Z","server_sent_at_ms":1791239893736},"received_at":"2026-10-05T22:38:13.788Z","source_url":"https://www.newsfilecorp.com/release/317557"},"analysis":{"id":"149683","press_release_id":"161139","analysis_json":{"industry":{"label":"Machinery","sector":"Industrials"},"redFlags":["allegedly fabricated 300MW DarkNX data center deal removed from bookings; 2026 revenue guidance suspended","stock down 74% since May 27, 2026 amid short-seller-style forensic report","whistleblower solicitation suggests potential SEC enforcement exposure"],"eventType":"legal_litigation","narrative":"Hagens Berman announced a securities class action and investigation into Innventure (NASDAQ: INV) over statements about the DarkNX project, which the company removed from its 2026 bookings on August 13, 2026 while suspending revenue and cash flow guidance.\n\nThe litigation follows a May 2026 Morpheus Research report alleging no evidence the DarkNX 300MW data center project exists; INV shares fell 55% on August 14 and roughly 74% between May 27 and August 14.\n\nThe release is a plaintiff-firm solicitation seeking investors with losses before the October 27, 2026 lead-plaintiff deadline, not a new disclosure from the issuer.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm class-action solicitation following DarkNX collapse -- suppress, but monitor issuer disclosures."},"keyFigures":{"customDimensions":{"stock_drop_pct":"74%","class_period_end":"2026-08-13","class_period_start":"2025-11-17","single_day_drop_pct":"55%","data_center_capacity":"300MW","lead_plaintiff_deadline":"2026-10-27"}},"quotedText":"We're focused on whether Innventure may have intentionally or recklessly misled its shareholders about the viability of the DarkNX project","namedEntities":{"people":[{"name":"Reed Kathrein","role":"Hagens Berman partner leading the investigation"}],"products":["NeuCool"],"companies":[{"name":"Innventure, Inc.","ticker":"INV","relationship":"target of investigation"},{"name":"Hagens Berman","relationship":"plaintiff law firm"},{"name":"Morpheus Research","relationship":"forensic research firm"},{"name":"Accelsius","relationship":"subsidiary"},{"name":"DarkNX","relationship":"counterparty named in purchase order"}],"dollarAmounts":[{"amount":"$4.795","context":"per-share price decline from May 27 to Aug 14, 2026"},{"amount":"$2.9 billion","context":"Hagens Berman's stated cumulative recoveries"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued by Hagens Berman announcing an investigation of Innventure; no class certified, no settlement, and no new issuer disclosure. The release primarily solicits shareholders with losses before the lead-plaintiff deadline."},"tickerRelevance":{"others":[],"primary":"INV"},"globalImportance":18,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"underlyingEventNote":"allegations are severe but the release itself is a solicitation"}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Hagens Berman announced a securities class action and investigation into Innventure (NASDAQ: INV) over statements about the DarkNX project, which the company removed from its 2026 bookings on August 13, 2026 while suspending revenue and cash flow guidance.\n\nThe litigation follows a May 2026 Morpheus Research report alleging no evidence the DarkNX 300MW data center project exists; INV shares fell 55% on August 14 and roughly 74% between May 27 and August 14.\n\nThe release is a plaintiff-firm solicitation seeking investors with losses before the October 27, 2026 lead-plaintiff deadline, not a new disclosure from the issuer.","key_figures":{"customDimensions":{"stock_drop_pct":"74%","class_period_end":"2026-08-13","class_period_start":"2025-11-17","single_day_drop_pct":"55%","data_center_capacity":"300MW","lead_plaintiff_deadline":"2026-10-27"}},"named_entities":{"people":[{"name":"Reed Kathrein","role":"Hagens Berman partner leading the investigation"}],"products":["NeuCool"],"companies":[{"name":"Innventure, Inc.","ticker":"INV","relationship":"target of investigation"},{"name":"Hagens Berman","relationship":"plaintiff law firm"},{"name":"Morpheus Research","relationship":"forensic research firm"},{"name":"Accelsius","relationship":"subsidiary"},{"name":"DarkNX","relationship":"counterparty named in purchase order"}],"dollarAmounts":[{"amount":"$4.795","context":"per-share price decline from May 27 to Aug 14, 2026"},{"amount":"$2.9 billion","context":"Hagens Berman's stated cumulative recoveries"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-05T22:38:20.382Z","global_importance":18,"audience_relevance":25,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"underlyingEventNote":"allegations are severe but the release itself is a solicitation"}},"durationMs":6579,"modelName":"glm-5.3-flashx"}}