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Lawsuit for Investors in Indivior PLC (OTC: INVVY) shares announced by Shareholders Foundation

Monday, 29 April 2019 06:45 AM

Shareholders Foundation, Inc.

Topic:
Lawsuits

SAN DIEGO, CA / ACCESSWIRE / April 29, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in Indivior PLC (OTC: INVVY) shares.

Investors, who purchased shares of Indivior PLC (OTC: INVVY), have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

On April 9, 2019, the U.S. Department of Justice announced that a federal grand jury had indicted Indivior Inc. and Indivior PLC "for engaging in an illicit nationwide scheme to increase prescriptions of Suboxone Film, an opioid drug used in the treatment of opioid addiction…" According to a DOJ press release, Indivior is accused of obtaining "billions of dollars in revenue from Suboxone Film prescriptions by deceiving health care providers and health care benefit programs into believing that Suboxone Film was safer, less divertible, and less abusable than other opioid-addiction treatment drugs."

On April 23, 2019 a lawsuit was filed against Indivior PLC over alleged Securities Laws Violations. The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Indivior and its executives engaged in an illicit nationwide scheme to increase prescriptions of Suboxone Film, that Indivior illegally obtained billions of dollars in revenue from Suboxone Film prescriptions by deceiving health care providers and health care benefit programs, that as a result of the aforementioned misconduct, Indivior would face felony charges, and that due to the foregoing, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased Indivior PLC (OTC: INVVY) shares should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.

Michael Daniels

+1 (858) 779-1554

[email protected]

3111 Camino Del Rio North

Suite 423

San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

SOURCE: Shareholders Foundation, Inc.

Topic:
Lawsuits
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