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Class action lawsuits

Neogen Corporation Investors May Be Eligible for Compensation in Securities Lawsuit

Strategic Insights

— 1 min read

Investors in Neogen Corporation (NASDAQ: NEOG) may be eligible for compensation in a class action securities lawsuit filed by Levi & Korsinsky, LLP. The lawsuit alleges that the company's management issued materially false and misleading statements regarding the integration with the Food Safety Division of the 3M Company, leading investors to believe that the integration was progressing better than it actually was. The complaint claims that when the company was forced to reveal "inefficiencies" arising from the integration, defendants downplayed them and assured investors that they were aware and committed to resolving them quickly. Investors who suffered losses during the relevant time frame may be entitled to compensation without payment of any out-of-pocket costs or fees.

Key Takeaways:

  • The lawsuit alleges that Neogen Corporation's management issued materially false and misleading statements regarding the integration with the Food Safety Division of the 3M Company.
  • Investors who suffered losses between January 5, 2023, and June 3, 2025, may be eligible for compensation in the class action lawsuit.
  • The lawsuit seeks to recover losses on behalf of Neogen Corporation investors who were allegedly affected by securities fraud.
  • Levi & Korsinsky, LLP notes that they have secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases.
  • The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve their clients.
  • The complaint claims that when the company was forced to reveal "inefficiencies" arising from the integration, defendants downplayed them and assured investors that they were aware and committed to resolving them quickly.

Statistics:

  • The lawsuit alleges that the company's management issued false and misleading statements between January 5, 2023, and June 3, 2025.
  • Investors who suffered losses are eligible for compensation until September 16, 2025.
  • Levy & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders over the past 20 years.
  • The firm has a team of over 70 employees to serve their clients.
  • Neogen Corporation is listed on the NASDAQ stock exchange under the ticker symbol NEOG.

Sources:

  • Levi & Korsinsky, LLP
  • COMTEX_468631473/2549/2025-09-08T09:19:58

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