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Class action lawsuits

Neogen Corporation Faces Securities Lawsuit Over Alleged Fraudulent Statements

Strategic Insights

— 2 min read

Neogen Corporation, a leading manufacturer of nutritional and animal health products, has been hit with a securities class action lawsuit alleging that the company made a series of materially false and misleading statements about its integration with the Food Safety Division of the 3M Company. The lawsuit claims that Neogen's executives downplayed the integration's inefficiencies and assured investors that they were committed to resolving them quickly, when in reality the situation was more dire. As a result, investors who bought Neogen stock between January 5, 2023, and June 3, 2025, may be eligible to seek a recovery.

Key Takeaways:

  • A securities class action lawsuit was filed against Neogen Corporation, alleging that the company's executives made false and misleading statements about the integration with the Food Safety Division of the 3M Company.
  • The lawsuit claims that Neogen's executives downplayed the integration's inefficiencies and assured investors that they were committed to resolving them quickly, despite the actual situation being more dire.
  • The alleged misconduct occurred between January 5, 2023, and June 3, 2025, affecting investors who bought Neogen stock during this period.
  • Levi & Korsinsky LLP is representing the lead plaintiff in the case, a nationally recognized securities litigation firm with a track record of winning high-stakes cases.
  • The firm has secured hundreds of millions of dollars for aggrieved shareholders over the past 20 years and has a team of over 70 employees serving clients.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

Statistics:

  • The lawsuit covers a period of 2 years and 5 months, from January 5, 2023, to June 3, 2025.
  • Investors who bought Neogen stock during this period may be eligible to seek a recovery.
  • Levi & Korsinsky LLP has secured hundreds of millions of dollars for aggrieved shareholders over the past 20 years.
  • The firm has a team of over 70 employees serving clients.
  • For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

Sources:

  • Joseph E. Levi, Esq. - "If you suffered a loss on your Neogen Corporation (NASDAQ: NEOG) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/neogen-corporation-lawsuit-submission-form?prid=162019&wire=5&utm_campaign=3 or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates."
  • Levi & Korsinsky LLP - "Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases."
  • Newsfile Corp. - "August 18, 2025" release titled "Neogen Corporation Faces Securities Lawsuit Over Alleged Fraudulent Statements".

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