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OverviewAPI
Innodata Inc. (INOD) is embroiled in a securities class action lawsuit accusing the company of misrepresenting its AI technology and Goldengate platform. The lawsuit alleges that Innodata lacked a viable AI technology, misrepresented Goldengate's advancement, and underutilized AI in new contracts. The stock plummeted by 30% following revelations by activist short seller Wolfpack Research.

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