NEW
YORK, Aug. 19, 2024 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders
of Indivior PLC (NASDAQ: INDV).
Shareholders who purchased shares of INDV during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/indivior-loss-submission-form/?id=96028&from=4
CLASS PERIOD: February 22,
2024 to July 8, 2024
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (i) the
Company grossly overstated their ability to forecast the negative
impact of certain legislation on the financial prospects of
Indivior products, which forecasting ability was far less capable
and effective than defendants had led investors and analysts to
believe; (ii) defendants overstated the financial prospects of the
Company's products to treat opioid use disorders and serious mental
illnesses, SUBLOCADE, PERSERIS and OPVEE, and thus overstated the
Company's anticipated revenue and other financial metrics; (iii)
defendants knew or recklessly disregarded that because of the
negative impact of certain legislation on the financial prospects
of Indivior's products, Indivior was unlikely to meet its own
previously issued and repeatedly reaffirmed FY 2024 net revenue
guidance, including its FY 2024 net revenue guidance for SUBLOCADE,
PERSERIS and OPVEE; (iv) defendants knew or recklessly disregarded
that Indivior was at a significant risk of, and/or was likely to
cease all sales and marketing activities related to PERSERIS; and
(v) as a result of the foregoing, the Company's public statements
were materially false and misleading at all relevant times.
DEADLINE: October 1, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/indivior-loss-submission-form/?id=96028&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of INDV during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is October 1, 2024. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm