The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Inotiv, Inc. (“Inotiv” or “the Company”) (NASDAQ: NOTV) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Inotiv files a Form 8-K with the SEC on May 20, 2022, disclosing that “the U.S. Department of Justice (‘DOJ’), together with federal and state law enforcement agents, executed a search and seizure warrant on the Cumberland, Virginia facility.” The Company further admitted that “a complaint was filed against Envigo [RMS, LLC, a subsidiary of Inotiv] in the U.S. District Court for the Western District of Virginia. The complaint is a civil action by DOJ alleging violations of the Animal Welfare Act at the Cumberland, Virginia facility.” Based on this news, shares of Inotiv plunged by 28% on May 23, 2022.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20220526005480/en/
Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
