ROSEN, GLOBAL INVESTOR COUNSEL, URGES Indivior PLC Investors to Securing Legal Advice Ahead of Important Deadline in Securities Class Action Lawsuit – INDV

New York, New York–(Newsfile Corp. – August 12, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Indivior PLC (NASDAQ: INDV) between February 22, 2024 and July 8, 2024, inclusive (the “Class Action Period”). The class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must file a motion with the Court no later than October 1, 2024

SO WHAT: If you purchased Indivior securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingent compensation arrangement.

WHAT TO DO NEXT: To join the Indivior class action, go to https://rosenlegal.com/submit-form/?case_id=27690 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information about the class action. The class action has already been filed. If you wish to serve as lead plaintiff, you must file a motion with the Court no later than October 1, 2024The lead plaintiff is the representative party acting on behalf of other class members and directing the legal proceedings.

WHY ROSEN LAW: We encourage investors to select qualified attorneys with a track record of success in leadership positions. Often, firms issuing notices do not have comparable experience, resources, or any significant peer recognition. Be wise when choosing an attorney. Rosen Law Firm represents investors around the world, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese company. Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm secured more than $438 million for investors. In 2020, founding partner Laurence Rosen was named a Titan of the Plaintiffs Bar by law360. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the complaint, throughout the Class Period, Defendants made false and misleading statements about Indivior’s business, operations, and prospects. Specifically, Defendants: (1) significantly overestimated their ability to predict the adverse impact of certain regulations on the financial prospects of Indivior’s products, which predictive ability was significantly less effective and efficient than Defendants led investors and analysts to believe; (2) overestimated the financial prospects of SUBLOCADE (a monthly injection used to treat moderate to severe opioid use disorder), PERSERIS (an injection used to treat schizophrenia in adults in the U.S.), and OPVEE (a nasal spray to reverse opioid overdose in emergencies), and thereby overestimated Indivior’s projected revenues and other metrics; (3) knew or recklessly ignored that, due to the adverse impact of certain provisions on the financial prospects of Indivior’s products, Indivior would likely not meet its previously issued and repeatedly reaffirmed fiscal 2024 net revenue guidance, including fiscal 2024 net revenue guidance for SUBLOCADE, PERSERIS and OPVEE; (4) knew or recklessly ignored that Indivior was at significant risk of and/or likely to discontinue all sales and marketing activities related to PERSERIS; and (5) knew or recklessly ignored that, as a result of the foregoing, Indivior’s public statements were materially false and misleading at all relevant times. When the true details became public, the lawsuit alleges that investors suffered damages.

To join the Indivior class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=27690 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information about the class action.

No class has been certified. Until a class is certified, you will not be represented by an attorney unless you hire one. You may select an attorney of your own choosing. You may also remain an absent class member and do nothing at this time. An investor’s ability to share in any potential future recovery is not contingent upon serving as lead plaintiff.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219648