Class Action Lawsuit Filed Against Neogen Corporation for Alleged Securities Law Violations
Investors who purchased Neogen securities between January 5, 2023, and June 3, 2025, are affected by the lawsuit. The complaint alleges that Neogen and its officers misled investors about the integration of certain acquisitions, downplayed the significance of inefficiencies, and failed to disclose the true financial impact. As a result, investors were shocked when Neogen disclosed a decline in EBITDA margin from 22% to "high-teens" on June 4, 2025.
Key Takeaways:
- A class action lawsuit has been filed against Neogen Corporation and certain of its officers for alleged violations of federal securities laws.
- The lawsuit seeks to recover damages on behalf of all persons and entities that purchased or acquired Neogen securities between January 5, 2023, and June 3, 2025.
- The complaint alleges that Neogen and its officers made materially false and misleading statements about the integration of acquisitions and downplayed the significance of inefficiencies.
- Defendants allegedly failed to disclose the true financial impact of the integration, leading to a shock when Neogen disclosed a decline in EBITDA margin on June 4, 2025.
- The class period includes all persons and entities that purchased or otherwise acquired Neogen securities between January 5, 2023, and June 3, 2025.
- Investors are encouraged to join this case by visiting the firm's site or contacting Peretz Bronstein, Esq., or Nathan Miller.
- The deadline for requesting appointment as lead plaintiff is September 16, 2025.
- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, represents investors in securities fraud class actions and shareholder derivative suits.
Statistics:
- The class period spans from January 5, 2023, to June 3, 2025, inclusive.
- Neogen disclosed a decline in EBITDA margin from 22% to "high-teens" on June 4, 2025.
- The deadline for requesting appointment as lead plaintiff is September 16, 2025.
Sources:
- Globe NewsWire, "Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC Announces Class Action Lawsuit Against Neogen Corporation"
- Bronstein, Gewirtz & Grossman, LLC, "Class Action Lawsuit Against Neogen Corporation"