Inotiv settles lagoon design lawsuit with Freese and Nichols for $7.55M

Inotiv, Inc.

Settlement resolves claims over FNI's failure to design adequate wastewater lagoon at Alice, TX facility.
FNI to pay Inotiv $7,550,000 within 30 days of February 14, 2025 Settlement Agreement.
Settlement includes no admission of liability by either party.
Pending resolution of other claims; lawsuit fully dismissed upon payment.

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