Indivior PLC Faces Class Action Lawsuit Over Securities Fraud
Indivior PLC Faces Class Action Lawsuit Over Securities Fraud
Levi & Korsinsky, LLP is reaching out to investors of Indivior PLC regarding an ongoing class action lawsuit that could significantly impact shareholders. The class action seeks to address losses incurred by investors due to alleged securities fraud that has come to light.
Understanding the Lawsuit
The class action lawsuit centers on the assertion that Indivior’s management provided misleading information about their financial expectations. The investors who might be affected are those who held shares between specific dates earlier this year when the alleged fraudulent activities took place. This class action lawsuit is designed to ensure that shareholders can reclaim some of their losses.
What Are the Allegations?
The complaint claims that the defendants made several inaccurate statements about the company's ability to manage expected financial impacts. They allegedly overhyped their forecasting capabilities while not acknowledging the real risks that certain legislation posed to their products' market performance.
Financial Implications for Indivior
Due to these allegations, it is believed that the company's financial metrics were overstated significantly, especially concerning products that are designed to treat opioid use disorders and serious mental health conditions. The names SUBLOCADE, PERSERIS, and OPVEE are at the center of this caution, with claims suggesting that Indivior was unlikely to meet revenue expectations for these products.
Next Steps for Investors
Investors who experienced losses during the defined period should take note that they have until a specified deadline to request the court to appoint them as lead plaintiffs. Being appointed does not limit the opportunity for other investors to recover their losses. It’s crucial for affected individuals to take action if they want their voices heard in this legal matter.
Zero Out-of-Pocket Costs
For anyone involved in this lawsuit, it’s essential to understand that there are no upfront costs or obligations to enroll. Compensation may be available without the requirement of any personal financial investment, making it accessible for all shareholders who qualify.
Why Choose Levi & Korsinsky?
Levi & Korsinsky brings over two decades of experience in handling complex securities litigation. They have a proven record of securing substantial recoveries for shareholders in similar situations. With a dedicated team of more than 70 professionals, they are well-equipped to manage investor claims effectively.
Expertise and Proven Results
The firm has consistently ranked among the top securities litigation companies in the United States, demonstrating their capability in supporting shareholders through difficult legal hurdles. Their history of winning challenging cases gives confidence to clients who may feel uncertain about navigating these waters alone.
Frequently Asked Questions
Who can participate in the Indivior lawsuit?
Any shareholder who held Indivior shares between the specified dates may be eligible to join the class action lawsuit.
What is the deadline to participate?
Investors need to act before the designated deadline to request to be appointed as lead plaintiff, ensuring their ability to contribute to the case.
Are there any fees involved?
No, there are no fees or obligations for participants in this class action lawsuit.
How can I get more information about my rights?
Potential plaintiffs can reach out to Levi & Korsinsky for further details and guidance on how to proceed with their claims.
What should I do if I suffered a loss?
If you believe you experienced losses due to the alleged fraud, it’s important to contact your attorney or the law firm handling the case for next steps.
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