A class action lawsuit was filed on behalf of investors of Indivior PLC (OTC: INVVY) who purchased shares between March 10, 2015 and April 9, 2019, Gibbs Law Group announces. The lawsuit seeks to recover Indivior investors losses.
Did you lose money in Indivior? Talk with a securities attorney about recovering your losses, call: 888-410-2925 or visit: Indivior class action lawsuit investigation.
The class action lawsuit alleges:
- Indivior and its executives engaged in a nationwide scheme to increase prescriptions of Suboxone Film;
- Indivior illegally obtained billions of dollars in revenue from Suboxone Film prescriptions by deceiving health care providers and health care benefit programs;
- As a result, Indivior would face felony charges; and
- Defendants statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
On April 10, 2019, before the market opened, the U.S. Justice Department charged Indivior with organizing a multibillion-dollar fraud to drive up sales of Suboxone Film, an opioid-addiction treatment.
Following the news of the charges against Indivior, shares of INVVY plummeted more than 70% in intraday trading on April 10, 2019.
If you suffered a loss in Indivior, you have until June 24, 2019, to request that the Court appoint you as lead plaintiff. You do not need to be a lead plaintiff in order to share in any recovery.
To speak privately with a securities attorney about your Indivior losses, visit our website or contact our securities team directly at 888-410-2925.
About Gibbs Law Group
Gibbs Law Groups financial fraud and securities lawyers have more than two decades of experience prosecuting fraud. Our attorneys have successfully litigated against some of the largest companies in the United States, and we have recovered more than a billion dollars on our clients behalf.
Our attorneys have received numerous honors for their work, including Best Lawyers in America, Top Plaintiff Lawyers in California, California Lawyer Attorney of the Year, Top Class Action Attorneys Under 40, and Consumer Protection MVP.
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