Sep 25, 2024, 12:11 PM
Sep 25, 2024, 12:11 PM

Indivior PLC Investors Face Class Action Lawsuit Deadline

Provocative
Highlights
  • Levi & Korsinsky, LLP has filed a class action lawsuit against Indivior PLC for alleged securities fraud affecting investors from February 22, 2024, to July 8, 2024.
  • The lawsuit claims that Indivior misrepresented its financial prospects and the impact of legislation on its products, leading to materially false public statements.
  • Investors have until October 1, 2024, to request lead plaintiff status, with no cost or obligation to participate in the lawsuit.
Story

On September 25, 2024, Levi & Korsinsky, LLP announced a class action securities lawsuit against Indivior PLC, targeting investors who suffered losses between February 22, 2024, and July 8, 2024. The lawsuit alleges that the company misrepresented its financial prospects and the impact of certain legislation on its products, including SUBLOCADE, PERSERIS, and OPVEE. It claims that Indivior overstated its ability to forecast negative impacts and failed to disclose significant risks regarding its sales and marketing activities. The complaint highlights that the defendants knowingly or recklessly misled investors about the company's revenue guidance and the viability of its products. As a result, the public statements made by Indivior were deemed materially false and misleading. Investors are encouraged to act quickly, as they have until October 1, 2024, to request appointment as lead plaintiff in the case. Levi & Korsinsky has a strong track record in securities litigation, having secured substantial recoveries for shareholders over the past two decades. The firm has consistently ranked among the top securities litigation firms in the United States, indicating its capability to handle high-stakes cases effectively. Investors who believe they have been adversely affected by the alleged fraud are urged to contact the firm for more information. Participation in the lawsuit does not require serving as a lead plaintiff, and there are no costs or obligations involved in joining the case.

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