Pomerantz LLP Announces Class Action Lawsuit Against Indivior PLC
Overview
New York, NY / ACCESSWIRE / September 29, 2024 / Pomerantz LLP has announced that a class action lawsuit has been filed against Indivior PLC (“Indivior” or the “Company”) (NASDAQ:INDV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia (Richmond Division), seeks to recover damages caused by Defendants’ violations of the federal securities laws.
Details of the Lawsuit
The lawsuit is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Indivior securities between February 22, 2024, and July 8, 2024, both dates inclusive (the “Class Period”). The lawsuit alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officers.
The allegations include misleading statements and omissions regarding the Company’s business and prospects, causing harm to investors who relied on the false information provided by Indivior.
Impact on Individuals
As an individual investor who purchased Indivior securities during the specified Class Period, you may be eligible to participate in the class action lawsuit to recover damages. It is important to consult with legal counsel to understand your rights and options in this matter.
Global Implications
The class action lawsuit against Indivior PLC highlights the importance of transparency and accountability in the corporate world. The outcome of this case could set a precedent for how companies are held responsible for their actions and disclosures, impacting global financial markets and investor confidence.
Conclusion
In conclusion, the class action lawsuit against Indivior PLC underscores the significance of upholding ethical standards and adherence to securities laws in the business world. Investors should remain vigilant and informed about the companies in which they invest, and seek legal recourse when they believe their rights have been violated.
