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NOTV SHAREHOLDER ALERT: Jakubowitz Law Reminds Inotiv Shareholders of a Lead Plaintiff Deadline of August 22, 2022

Global banking and finance news 28

NEW YORK, July 8, 2022 /PRNewswire/ — Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Inotiv, Inc. (NASDAQ: NOTV).

To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/inotiv-inc-loss-submission-form/?id=29618&from=4

The lawsuit seeks to recover losses for shareholders who purchased Inotiv between September 21, 2021 and June 13, 2022.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 22, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, Inotiv, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Inotiv'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, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv 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.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

Cision View original content:https://www.prnewswire.com/news-releases/notv-shareholder-alert-jakubowitz-law-reminds-inotiv-shareholders-of-a-lead-plaintiff-deadline-of-august-22-2022-301582606.html

SOURCE Jakubowitz Law

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