secwatch.observer — SEC 8-K summary
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Issuer:     Inotiv, Inc. (NOTV)
CIK:        0000720154
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001628280-25-005907
Event type: litigation
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720154/000162828025005907/0001628280-25-005907-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720154/000162828025005907/notv-20250214.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-005907

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