Breeder Ordered to Pay $35 Million for Mistreating Beagles [The New York Times]
Inotiv, Inc. (NOTV)
Company Research
Source: The New York Times
A medical research company that bred dogs agreed on Monday to pay $35 million as part of a plea agreement for the mistreatment of more than 4,000 beagles that had to be rescued from its breeding facility in 2022 in Virginia, federal prosecutors said. The fine was the largest amount in an animal welfare case.As part of the deal, Inotiv, which controls Envigo RMS LLC and Envigo Global Services, must continue to not breed dogs and will be on probation for up to five years, according to prosecutors and the company.Envigo RMS LLC pleaded guilty in District Court in Charlottesville, Va., on Monday to conspiring to knowingly violate the Animal Welfare Act, and Envigo Global Services pleaded guilty to a felony of conspiring to knowingly violate the Clean Water Act.A formal sentencing is scheduled for Oct. 7.Inotiv ceased operations at its facility in Cumberland County, Va., in September 2022 to resolve a separate civil lawsuit, according to the company. The federal government filed the suit
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NOTV
News
- INOTIV SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Inotiv, Inc. (NASDAQ: NOTV) and Encourages Long-Term NOTV Shareholders to Contact the FirmGlobeNewswire
- Inotiv, Inc. Provides Business Updates [Yahoo! Finance]Yahoo! Finance
- Inotiv, Inc. Provides Business UpdatesGlobeNewswire
- Company linked to 4,000 rescued beagles forced to pay $35M in fines [USA TODAY]USA TODAY
- Beagle breeder to pay over $35 million in fines, the largest ever in Animal Welfare Act case history [CNN]CNN
NOTV
Earnings
- 5/15/24 - Miss
NOTV
Sec Filings
- 6/10/24 - Form 3
- 6/4/24 - Form 8-K
- 5/24/24 - Form S-8
- NOTV's page on the SEC website