Investors can Contact the toll-free law firm to learn more about recovering their losses
LOS ANGELES, June 23, 2022 (GLOBE NEWSWIRE) — Portnoy Law Firm is advising investors of Inotiv, Inc (“Inotiv” or the “Company”) (NASDAQ: NOTV) that a complaint has been filed at name of investors who lost money on their Inotiv stock. Investors in Inotiv are encouraged to contact the company to discuss their legal rights.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone at 844-767-8529 or by email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss options for investors to pursue claims to recover their losses.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) Envigo RMS, LLC (“Envigo”) and the Inotiv Facility in Cumberland, Virginia (the “Cumberland Facility”) engaged in widespread and flagrant violations of the Animal Welfare Act (“AWA”); (2) Envigo and Inotiv’s Cumberland facility consistently violated the AWA; (3) Envigo and Inotiv failed to properly address animal welfare issues at the Cumberland facility; (4) as a result, Inotiv was subject to increased scrutiny and government action; (5) Inotiv would soon close two facilities, including the Cumberland facility; (6) Inotiv failed to exercise due diligence; and (7) therefore, defendants’ statements regarding its business, operations and prospects were materially false and misleading and/or lacked reasonable basis at all relevant times. When the real details entered the market, the lawsuit claims investors suffered damages.
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Portnoy Law Firm represents investors in the prosecution of claims caused by corporate wrongdoing. The company’s founding partner has recovered more than $5.5 billion for harmed investors. Lawyer advertisement. Prior results do not guarantee similar results.
Lesley F. Portnoy, Esq.
Admitted to the CA and NY Bar