REG - Indivior PLC - Statement re US Court Sentencing of Former CEO

IndiviorAnnouncement

23/10/2020 07:00

RNS Number : 9911C
  
Indivior PLC
  
23 October 2020
  
 

 
 
 
US Court Sentencing of Former CEO
Slough, United Kingdom and Richmond, Virginia - October 23, 2020 - Indivior PLC (LON: INDV) notes that Shaun Thaxter, its former Chief Executive Officer, was sentenced in United States Federal Court yesterday after pleading guilty to one misdemeanor count under the Responsible Corporate Officer Doctrine. 
As the Group has previously noted, the plea agreement between Mr. Thaxter and the United States Department of Justice is in his personal capacity and not on behalf of Indivior. The separate agreement between the Group and the government that was announced on July 24 remains unchanged and is subject to approval by a federal judge at a hearing currently scheduled for November 12.
As previously noted, the incident to which the agreement relates occurred well in the past and does not reflect the values Indivior has strived to demonstrate during its long history of fighting the opioid crisis.
 
For Further Information



Investor Enquiries
 


Jason Thompson


VP, Investor Relations Indivior PLC


+1 804 402 7123
jason.thompson@indivior.com




Media Enquiries


Jonathan Sibun





Tulchan Communications
US Media Inquiries
 


+44 207 353 4200



+1 804 594 0836
Indiviormediacontacts@indivior.com



 
 
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