secwatch.observer — SEC 8-K summary
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Issuer:     Inotiv, Inc. (NOTV)
CIK:        0000720154
Form:       8-K
Filed at:   2026-01-16T23:59:59+00:00
Accession:  0001628280-26-002390
Event type: litigation
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Court preliminarily approves Inotiv derivative settlement; $2.49M from insurance for company benefit
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- Preliminary approval order issued Jan 7, 2026; final hearing set for Mar 18, 2026 at 9:00 a.m.
- Settlement includes $2,490,000 payment from insurance for Inotiv's benefit, used for securities class action settlement.
- Plaintiffs' attorneys' fees up to $2,250,000, subject to court approval, also funded by insurance.
- Inotiv to adopt corporate governance measures as part of settlement; no admission of liability by defendants.
- Derivative actions arose from Nov 2021 Envigo acquisition and later USDA inspections at Cumberland facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720154/000162828026002390/0001628280-26-002390-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720154/000162828026002390/notv-20260107.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-002390

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