Inotiv settles securities class action for $8.75M, derivative settlement with governance changes

Inotiv, Inc.

$8.75M cash settlement to resolve securities class action; funded by available insurance.
Derivative settlement includes governance measures: separate CEO/Board Chair, independent chair for 5 years, M&A due diligence guidelines.
Three privacy class actions filed over August 2025 cybersecurity incident; unspecified damages sought.
Company expects to increase recorded liability to $11.0M as of September 30, 2025 for these litigation matters.
Engaged Perella Weinberg Partners to explore debt refinancing alternatives.

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