Investigation Overview
An investigation on behalf of investors of Indivior PLC (OTC: INVVY) shares over potential securities laws violations by Indivior PLC and certain of its directors and officers in connection with certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Indivior PLC (OTC: INVVY) concerning whether a series of statements by Indivior PLC regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Indivior PLC, together with its subsidiaries, develops, manufactures, and sells buprenorphine-based prescription drugs for the treatment of opioid dependence. Indivior PLC reported that its annual Total Revenue declined from over $1.09 billion in 2017 to over $1.005 billion in 2018 and that its Net Income increased from $58 million in 2017 to $275 million in 2018.
Shares of Indivior PLC (OTC: INVVY) declined from $33.67 per share in June 2018 to as low as $1.975 per share on April 10, 2019.