DEADLINE ALERT for Innventure, Inc. (INV), XTI Aerospace, Inc. (XTIA), Flotek Industries, Inc. (FTK), and Baidu, Inc. (BIDU): The Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
BENSALEM, Pa., Oct. 22, 2026 -- The Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly traded companies: Innventure, Inc., XTI Aerospace, Inc., Flotek Industries, Inc., and Baidu, Inc. Investors have until the deadlines listed below to file a lead plaintiff motion.
Investors suffering losses on their investments are urged to contact The Law Offices of Howard G. Smith about these class actions to discuss their legal rights, at (215) 638-4847 or by email to [email protected].
Innventure, Inc. (NASDAQ: INV)
- Class period: November 17, 2025 to August 13, 2026
- Lead plaintiff deadline: October 27, 2026
- Case: Labed v. Innventure, Inc., et al., filed in the U.S. District Court for the Southern District of New York
The Innventure, Inc. complaint alleges that throughout the class period the defendants made false and/or misleading statements and/or failed to disclose that: (i) Accelsius’ alleged transformative deal with DarkNX was unlikely to come to fruition as no evidence of DarkNX constructing or facilitating a large scale AI data center existed; and (ii) as a result, the Company’s stated revenue and cash flow targets for Accelsius in 2026 were overstated.
XTI Aerospace, Inc. (NASDAQ: XTIA)
- Class period: April 15, 2026 to August 17, 2026
- Lead plaintiff deadline: October 27, 2026
- Case: Noalan v. XTI Aerospace, Inc., et al., filed in the U.S. District Court for the Southern District of New York
The XTI Aerospace, Inc. complaint alleges that throughout the class period the defendants made false and/or misleading statements and/or failed to disclose that: (i) senior executives had engaged in certain undisclosed activities; (ii) these activities required Board review; (iii) there was reason to doubt the effectiveness of the Company’s disclosure controls and procedures; and (iv) as a result, the Company would be unable to timely file its earnings reports.
Flotek Industries, Inc. (NYSE: FTK)
- Class period: August 3, 2026 to August 17, 2026
- Lead plaintiff deadline: October 26, 2026
- Case: Bashir v. Flotek Industries, Inc., et al., filed in the U.S. District Court for the Southern District of New York
The Flotek Industries, Inc. complaint alleges that throughout the class period the defendants made false and/or misleading statements and/or failed to disclose that: (i) there were credible reasons to doubt the experience, organization, and financial capacity of the consortium parties to PREPA's power generation project; and (ii) as a result, there was a risk that revenue from the PREPA contract would not be realized.
Baidu, Inc. (NASDAQ: BIDU)
- Class period: November 18, 2025 to August 17, 2026
- Lead plaintiff deadline: November 13, 2026
- Case: Rosewood Funeral Home, Inc. v. Baidu, Inc. et al., filed in the U.S. District Court for the Southern District of New York
The Baidu, Inc. complaint alleges that throughout the class period the defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company had overstated the ability of its AI business to mitigate rapid declines in its legacy online marketing business; and (ii) as a result, the Company's revenue was reasonably likely to decline.
Next steps for investors in these cases
To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. No class has been certified yet in any of these cases.
If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of The Law Offices of Howard G. Smith by telephone at (215) 638-4847, by email to [email protected], or visit the firm's website.
About The Law Offices of Howard G. Smith
The Law Offices of Howard G. Smith has helped injured investors recover their money for more than 15 years. The firm prosecutes securities fraud, takeover, and derivative litigation against public companies and their officers, directors, and advisors in federal and state courts nationwide, and has helped clients recover hundreds of millions of dollars in losses. Clients speak directly with a lawyer, who will promptly answer any question.
Prior results do not guarantee a similar outcome.
Contact
Howard G. Smith
The Law Offices of Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, PA 19020
Email: [email protected]
Telephone: (215) 638-4847
www.howardsmithlaw.com
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