secwatch.observer — SEC 8-K summary
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Issuer:     Inotiv, Inc. (NOTV)
CIK:        0000720154
Form:       8-K
Filed at:   2025-09-25T23:59:59+00:00
Accession:  0001628280-25-042837
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720154/000162828025042837/0001628280-25-042837-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720154/000162828025042837/notv-20250821.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-042837

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer