Indivior concludes legacy U.S. Department of Justice matter

Indivior (INDV) announced the company has concluded the legacy U.S. Department of Justice matter by paying in full the outstanding obligation of $295M associated with the matter. With the DOJ’s receipt of the payment, the resolution agreement with the DOJ will be terminated. The payment was funded with Indivior’s cash on hand. “We are pleased to reach this important milestone that concludes the legacy DOJ matter,” said Joe Ciaffoni, Chief Executive Officer. “It removes a significant liability and simplifies our capital structure. We are committed to conducting business with integrity, maintaining a comprehensive compliance program and acting in a responsible and transparent manner.”