Portnoy Law Firm Announces Class Action On Behalf Of Innventure, Inc. Investors
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email:..., to discuss their legal rights, or join the case via . The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
This lawsuit concerns whether Innventure and certain of its officers misled investors about the significance and prospects of a purported data center deal between the Company's subsidiary, Accelsius Holdings LLC ("Accelsius"), and DarkNX, a company Innventure described as a global digital infrastructure developer.
On May 28, 2026, Morpheus Research published a report entitled "Innventure: The Latest Iteration Of A Decades-Long Grift Propped Up By A Fake 300MW Data Center Deal," which alleged that the DarkNX deal was a fabrication, stating there was "zero evidence this project exists or that DarkNX has the team or funding to even contemplate such a project." The report further alleged that DarkNX appeared to be a shell company registered out of a Toronto-area home with only around nine employees and no visible data center experience or institutional funding. On this news, Innventure's stock price fell $0.54 per share, or 8%, to close at $5.87 on May 28, 2026.
Then, on August 13, 2026, after the market closed, Innventure reported Q2 2026 results, disclosing that "the deployment site identified in the DarkNX purchase order is no longer available" and that "Accelsius has removed the DarkNX project from its internal bookings." On this news, Innventure's stock price fell $1.98 per share, or 55%, to close at $1.62 per share on August 14, 2026.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
...
310-692-8883
Attorney Advertising

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.

Comments
No comment