Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, May 23, 2022 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Inotiv, Inc ("Inotiv" or the "Company") NOTV investors that the law firm has initiated an investigation on behalf of investors that lost money on their Inotiv stock. Inotiv investors are encouraged to contact the firm to discuss their legal rights.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: email@example.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
On May 23, 2022, Inotiv disclosed that the U.S. Justice Department (DOJ) filed a civil action against a subsidiary, Envigo, of Inotiv, alleging violations of the Animal Welfare Act at its Cumberland, Virginia, facility. In a regulatory filing Inotiv said the DOJ executed a search and seizure warrant on the facility on May 18, 2022. The Company's stock fell significantly on this news.
The news of the DOJ complaint comes on the heels of two earlier investigations: From July 2021 through March 2022, one of Envigo's U.S. facilities was inspected on several occasions by the USDA, which issued inspection reports with findings of non-compliance with certain USDA laws and regulations. And, on June 15, 2021, Envigo Global Services Inc., a subsidiary of the company acquired in the Envigo acquisition, received a grand jury subpoena requested by the U.S. Attorney's Office for the Southern District of Florida for the production of documents related to the procurement of non-human primates from foreign suppliers.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
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