Company that bred beagles for research pleads guilty to neglect, ordered to pay record $35M fine [Financial Post (Toronto, Ontario, Canada)]
Inotiv, Inc. (NOTV)
Company Research
Source: Financial Post
A company that bred beagles for medical research agreed Monday to pay a record $35 million as part of a criminal plea admitting it neglected thousands of dogs at its breeding facility in rural Virginia. Prosecutors said the penalties amount to the largest ever levied in an animal-welfare case. The plea deal also bars the company that operated the facility, Envigo RMS, as well as parent company Inotiv, from breeding or selling dogs in the future. The federal investigation of Envigo drew national attention in May 2022 when federal authorities conducted a search of the breeding facility in Cumberland County, Virginia, and found nearly 450 animals in acute distress. Article content The company later agreed to relinquish all 4,000 beagles at the facility, which were sent around the country for adoption. U.S. Attorney for the Western District of Virginia Christopher Kavanaugh, whose office prosecuted the case, said Monday after a plea hearing at federal court in Charlottesville
Show less
Read more
Impact Snapshot
Event Time:
NOTV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NOTV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NOTV alerts
High impacting Inotiv, Inc. news events
Weekly update
A roundup of the hottest topics
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