NEW
YORK, Sept. 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=103507&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=103507&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