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Class action lawsuits

Neogen Corporation Faces Class Action Lawsuit Over Securities Violations

Strategic Insights

— 1 min read

Investors who purchased Neogen Corporation securities between January 5, 2023, and June 3, 2025, are encouraged to join a class action lawsuit against the company and its officers, alleging violations of the federal securities laws. The complaint claims that Neogen made false and misleading statements about the integration of its business, downplayed the significance of integration issues, and failed to disclose material information to investors.

Key Takeaways:

  • The class action lawsuit seeks to recover damages against Neogen and its officers for alleged securities law violations.
  • The lawsuit covers investors who purchased Neogen securities between January 5, 2023, and June 3, 2025, both dates inclusive.
  • The complaint alleges that Neogen made false and misleading statements about the integration of its business, including downplaying the significance of integration issues.
  • Neogen disclosed on June 4, 2025, that it expected EBITDA margin to be around the high-teens, a substantial decline from the prior quarter's 22% margin.
  • Investors who suffered a loss in Neogen have until September 16, 2025, to request that the Court appoint them as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, is representing investors in the class action lawsuit.

Statistics:

  • The class action lawsuit covers a period of 2 years, from January 5, 2023, to June 3, 2025.
  • Neogen's EBITDA margin declined to around the high-teens, a substantial drop from the prior quarter's 22% margin.
  • Investors have until September 16, 2025, to request that the Court appoint them as lead plaintiff.

Sources:

  • Bronstein, Gewirtz & Grossman, LLC
  • Neogen Corporation (NASDAQ: NEOG)

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