Kaplan Fox announces Innventure and Pentair investor class actions

  • Kaplan Fox announced separate securities class actions against Innventure over DarkNX disclosures and Pentair over Pool-channel inventory destocking; Robbins LLP separately announced the Pentair action.
  • Innventure shares fell 55% to $1.62 after the DarkNX project was removed from internal bookings, while Pentair shares fell 15% to $64.33 after its preliminary results.
  • Investors may seek lead-plaintiff status by October 27, 2026, for Innventure and October 2, 2026, for Pentair, without needing that role to participate.

Kaplan Fox & Kilsheimer LLP announced separate securities class actions involving Innventure, Inc. and Pentair plc, while Robbins LLP separately announced the Pentair action. The Innventure complaint alleges misleading disclosures about Accelsius' planned NeuCool deployment for a 300-megawatt DarkNX artificial-intelligence data-center campus in Ontario, Canada; Innventure later removed the project from internal bookings and suspended its 2026 Accelsius revenue and cash-flow expectations. The Pentair complaint alleges that Pool-channel inventory destocking reduced preliminary second-quarter 2026 Pool segment sales by approximately $170 million and segment income by approximately $105 million, while Pentair lowered its sales outlook and announced the immediate departure of its Chief Financial Officer. Innventure shares fell 55% to $1.62 on August 14, 2026, and Pentair shares fell 15% to $64.33 on July 15. Investors may seek lead-plaintiff status by October 27, 2026, in the Innventure case and October 2, 2026, in the Pentair case; lead-plaintiff status is not required to participate in any possible recovery.

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