INOD Investor Alert: Levi & Korsinsky Investigates Innodata Inc. (INOD) For Potential Securities Fraud
NEW YORK CITY, NY / ACCESS Newswire / October 27, 2026 /Levi & Korsinsky notifies investors that it has commenced an investigation into Innodata Inc. ("Innodata Inc.") (NASDAQ:INOD) concerning potential violations of the federal securities laws.
Innodata Inc. shares opened down about $11.50, or nearly 20% on October 27, 2026, following a report that the company laid off nearly 550 employees in India with additional cuts reported in the Philippines. The reported termination notices cited a reduction in business assignments. The stock quickly climbed to a 25% decline by mid-morning. The Company has not yet addressed the allegations in the report.
If you suffered a loss on your Innodata Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates.
WHY LEVI & KORSINSKY:Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services ' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
SOURCE:Levi & Korsinsky, LLP
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