Inotiv Class Action Lawsuit (NOTV Lawsuit)
Levi & Korsinsky, LLP announces that a NOTV class action lawsuit (Inotiv Class Action Lawsuit) has been filed on behalf of investors who purchased Inotiv, Inc. (NOTV) securities between September 21, 2021 and June 13, 2022. For more on the NOTV Lawsuit please contact us today.
According to the Inotiv, Inc. lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:
(1) NOTV’s acquisition, Envigo RMS, LL (“Envigo”), and Inotiv’s Cumberland, Virginia facility (the “Cumberland Facility”) engaged in widespread and flagrant violations of the Animal Welfare Act (“AWA”); (2) Envigo and Inotiv’s Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, NOTV was likely to face increased scrutiny and governmental action; (5) NOTV would imminently shut down two facilities, including the Cumberland Facility; (6) NOTV did not engage in proper due diligence; and (7) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
If you suffered a loss in Inotiv, Inc. you have until August 22, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.