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Stock impact report

Corporate breeder that mistreated thousands of beagles pleads guilty, will pay $22 million in fines [CBS News]

Inotiv, Inc. (NOTV) 
Company Research Source: CBS News
it failed to provide adequate care to thousands of beagles at its Cumberland, Virginia, breeding facility, the Justice Department announced Monday. Federal prosecutors sued Envigo RMS LLC in 2022, alleging the company neglected the dogs through inadequate veterinary care, insect-infested food and rampant unsanitary conditions. The lawsuit forced the company to forfeit more than 4,000 beagles that year to nonprofit organizations that put the rescued dogs up for adoption At that time, Envigo also closed the Cumberland facility. In an agreement unsealed Monday, Envigo pleaded guilty to conspiring to violate the Animal Welfare Act, and its sister company, Envigo Global Services Inc., admitted to breaking the Clean Water Act when it let wastewater seep into a local waterway and adversely affect the dogs' health. As part of the agreement with prosecutors, their parent company, Inotiv, will pay $22 million in fines, plus millions more to improve their facilities and assist with environ Show less Read more
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