Join the Fight: Lead the Indivior Securities Fraud Case
Understanding Indivior PLC Securities Fraud Allegations
Investors are presented with a compelling opportunity to participate in a class action lawsuit against Indivior PLC (NASDAQ: INDV), a company facing serious allegations related to securities fraud. The Schall Law Firm, a prominent player in national shareholder rights litigation, has stepped forward to spearhead this effort, ensuring investors have a platform to seek justice.
The Class Action Lawsuit Details
This class action is built around violations of significant securities laws, specifically under sections 10(b) and 20(a) of the Securities Exchange Act of 1934, along with Rule 10b-5 established by the U.S. Securities and Exchange Commission. The lawsuit targets those investors who purchased Indivior's securities between the specified period. Those involved are encouraged to reach out to the Schall Law Firm promptly, as there is a critical deadline to consider.
Why Investors Should Take Action
It's essential for shareholders who experienced financial losses due to Indivior’s actions to participate in this lawsuit. Investors who acquired shares during the class period starting on February 22 through July 8 can seek to hold the company accountable for its alleged misleading disclosures. By joining this class action, investors can collectively address the financial challenges presented by the company’s decisions.
Seeking Legal Representation
For those unsure about their legal standing or who wish to know how to proceed, contacting the Schall Law Firm is a prudent step. They offer free consultations, allowing you to understand your rights without any financial commitment. This guidance could prove invaluable as you navigate through this challenging time.
Allegations Against Indivior
The heart of the complaint suggests that Indivior misled the market about its financial outlook and its ability to manage the adverse effects of regulatory changes. The company reportedly overestimated the market potential for its key products such as SUBLOCADE, PERSERIS, and OPVEE, leading investors to believe in an inflated financial future.
Understanding the Impact of Misleading Statements
This alleged misinformation not only created a false narrative about Indivior’s growth and revenue potential but also laid the groundwork for investor losses. When the reality of the company’s dwindling sales and the likelihood of ceasing operations for PERSERIS emerged, the stock’s value plummeted, triggering significant financial damage for shareholders.
Why Join This Class Action?
Joining this class action lawsuit allows impacted shareholders to pool resources and strengthen their claims against the involved parties. As the legal process unfolds, those participating can work alongside seasoned legal experts who are committed to protecting shareholder interests.
Contact Information for Interested Investors
Investors who wish to discuss their eligibility or receive guidance on joining the lawsuit can contact Brian Schall at the Schall Law Firm. With offices located at 2049 Century Park East, Suite 2460, investors can also reach out via phone at 310-301-3335 or visit their website for more information.
Frequently Asked Questions
What is the nature of the class action lawsuit against Indivior PLC?
The lawsuit concerns allegations of securities fraud related to false and misleading statements made by the company regarding its financial health and operations.
Who can join the class action?
Investors who purchased Indivior's securities between February 22 and July 8 are eligible to join the class action.
What steps should I take to participate?
You should contact the Schall Law Firm to discuss your situation and understand your rights as an investor.
What is the deadline to join the lawsuit?
Interested investors need to reach out before the specified deadline in order to be considered for participation in the lawsuit.
Is there any cost to consult with the Schall Law Firm?
No, the Schall Law Firm provides free consultations to help determine your eligibility and options.
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