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Class action lawsuits

Neogen Corporation Securities Lawsuit: Potential Recovery for Affected Shareholders

Strategic Insights

— 1 min read

A class action securities lawsuit was filed against Neogen Corporation alleging securities fraud between January 5, 2023, and June 3, 2025. The lawsuit claims that the company's defendants issued false and misleading statements about the integration with 3M Company's Food Safety Division. As a result, investors were misled into believing that the integration was progressing better than it actually was. Even when the inefficiencies arose, defendants downplayed them and assured investors of a quick resolution.

Key Takeaways:

  • The lawsuit alleges securities fraud against Neogen Corporation's defendants between January 5, 2023, and June 3, 2025.
  • The complaint claims that defendants issued false and misleading statements about the integration with 3M Company's Food Safety Division.
  • The integration was allegedly progressing much worse than defendants led investors to believe.
  • Despite the inefficiencies, defendants assured investors of a quick resolution.
  • Levi & Korsinsky LLP is a nationally-recognized securities litigation firm representing aggrieved shareholders.
  • The firm has secured hundreds of millions of dollars for investors and has a track record of winning high-stakes cases.

Statistics:

  • The lawsuit covers a period of approximately two years.
  • The relevant time frame is from January 5, 2023, to June 3, 2025.
  • Levi & Korsinsky LLP has a team of over 70 employees and has secured hundreds of millions of dollars for investors.
  • The firm has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States for seven consecutive years.

Sources:

  • Newsfile Corp. - August 11, 2025
  • Levi & Korsinsky, LLP
  • jlevi@levikorsinsky.com
  • (212) 363-7500
  • https://zlk.com/

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