LOS ANGELES, CA / ACCESSWIRE / July 1, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Inotiv, Inc. ("Inotiv" or "the Company") (NASDAQ:NOTV) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between September 21, 2021 and June 13, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before August 22, 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 [email protected].
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.
According to the Complaint, the Company made false and misleading statements to the market. The Cumberland, Virginia facility (the "Cumberland Facility") of Inotiv and Envigo RMS, LLC ("Envigo") suffered from common and extensive violations of the Animal Welfare Act ("AWA"). The Company's Cumberland Facility violated the AWA on a continuous and ongoing basis. The Company failed to remedy the serious problems with animal welfare at the Cumberland Facility. The Company was likely to face governmental scrutiny and potential action over the AWA violations. The Company would subsequently shut down the Cumberland Facility. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Inotiv, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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SOURCE: The Schall Law Firm