NEW ORLEANS--(BUSINESS WIRE)--Jan 6, 2023--

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Opiant Pharmaceuticals, Inc. (NasdaqCM: OPNT) to Indivior PLC. Under the terms of the proposed transaction, shareholders of Opiant will receive $20.00 in cash plus up to $8.00 per share in contingent value rights for each share of Opiant that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( lewis.kahn@ksfcounsel.com ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqcm-opnt/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230106005463/en/

CONTACT: Kahn Swick & Foti, LLC

Lewis S. Kahn

lewis.kahn@ksfcounsel.com

855-768-1857

KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: Kahn Swick & Foti, LLC

Copyright Business Wire 2023.

PUB: 01/06/2023 06:28 PM/DISC: 01/06/2023 06:28 PM

http://www.businesswire.com/news/home/20230106005463/en