Securities Class Action Lawsuit Filed Against Neogen Corporation
Gainey McKenna & Egleston has announced the filing of a securities class action lawsuit against Neogen Corporation, alleging that the company made false and/or misleading statements about the integration process with another company. The lawsuit claims that investors who purchased or otherwise acquired shares of Neogen between January 5, 2023, and June 3, 2025, both dates inclusive, suffered damages when the true details of the integration process entered the market. The complaint alleges that defendants touting a "great start" and "solid core growth" in the integration process, while downplaying inefficiencies that arose as a result. Investors who purchased or otherwise acquired shares of Neogen are advised to contact the firm prior to the September 16, 2025 lead plaintiff motion deadline.
Key Takeaways:
- A securities class action lawsuit has been filed against Neogen Corporation, alleging that the company made false and misleading statements about the integration process.
- The lawsuit claims that investors who purchased or otherwise acquired shares of Neogen between January 5, 2023, and June 3, 2025, both dates inclusive, suffered damages.
- Defendants touted a "great start" and "solid core growth" in the integration process, while downplaying inefficiencies that arose as a result.
- Neogen admitted to certain "inefficiencies" arising from the integration process, but assured investors that they were "fully committed to resolving them in the near future."
- A lead plaintiff is required to direct the litigation and investors who wish to discuss their rights or interests should contact the firm prior to the September 16, 2025 lead plaintiff motion deadline.
- The complaint alleges that defendants made false and/or misleading statements throughout the class period, leading investors to believe that the integration was progressing smoothly.
- Neogen's CEO and CFO are named as defendants in the lawsuit.
Statistics:
- Class period: January 5, 2023 - June 3, 2025
- Number of dates in class period: 456
- Date of lead plaintiff motion deadline: September 16, 2025
- Date of complaint filing: Not specified in the article
- Number of years since the beginning of the class period: 2
Sources:
- Gainey McKenna & Egleston
- Neogen Corporation
- United States District Court for the Western District of Michigan
- COMTEX_467458076/2010/2025-07-21T14:47:31