Securities Class Action Lawsuit Against Neogen Corporation

Investors who purchased shares of Neogen Corporation between January 5, 2023, and June 3, 2025, may be entitled to recover their losses as a result of the company's alleged failure to disclose material information. The lawsuit, filed in the United States District Court for the Western District of Michigan, accuses Neogen and certain executives of violating federal securities laws. The company's stock price plummeted by 28% after it disclosed a quarterly revenue decrease and reduced FY25 guidance, and an additional 17% after it announced a drop in EBITDA margin.

Key Takeaways:

• The lawsuit is pending in the United States District Court for the Western District of Michigan, with a deadline to file lead plaintiff applications on September 16, 2025.
• Investors who purchased Neogen shares between January 5, 2023, and June 3, 2025, may be eligible to recover their losses through the class action lawsuit.
• The company is accused of failing to disclose material information, including a quarterly revenue decrease and reduced FY25 guidance, which led to a decline in the company's stock price.
• Neogen's executives are also accused of violating federal securities laws.
• The lawsuit is led by Kahn Swick & Foti, LLC, a prominent securities litigation law firm with offices in New York, Delaware, California, Louisiana, Chicago, and New Jersey.

Statistics:

• The class period spans from January 5, 2023, to June 3, 2025, inclusive.
• The lawsuit accuses Neogen of violating federal securities laws.
• The company's stock price plummeted by 28% after it disclosed a quarterly revenue decrease and reduced FY25 guidance.
• An additional 17% of the stock price was lost after it announced a drop in EBITDA margin.

Sources:

• Globenewswire - August 26, 2025
• ISS Securities Class Action Services
• Kahn Swick & Foti, LLC