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NEOG Class Action Alert: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Neogen Corporation Securities Class Action Lawsuit
GlobeNewswire News Room· 2025-07-25 19:18
SAN DIEGO, July 25, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Neogen Corporation (NASDAQ: NEOG) securities between January 6, 2023 and June 3, 2025. Neogen is a food safety company that manufactures and markets products and services dedicated to food and animal safety. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP i ...
Investors who lost money on Neogen Corporation(NEOG) should contact Levi & Korsinsky about pending Class Action - NEOG
Prnewswire· 2025-07-25 12:45
NEW YORK, July 25, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Neogen Corporation ("Neogen Corporation" or the "Company") (NASDAQ: NEOG) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Neogen Corporation investors who were adversely affected by alleged securities fraud between January 5, 2023 and June 3, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/neogen-corpo ...
Levi & Korsinsky Notifies Neogen Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – NEOG
GlobeNewswire News Room· 2025-07-24 20:51
Core Viewpoint - Neogen Corporation is facing a class action securities lawsuit due to alleged securities fraud that misled investors regarding the integration with 3M Company's Food Safety Division [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for investors affected by misleading statements made between January 5, 2023, and June 3, 2025 [1]. - Defendants allegedly issued materially false statements about the integration's progress and downplayed inefficiencies that arose during the process [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until September 16, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Neogen Corporation Class Action: The Gross Law Firm Reminds Neogen Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 16, 2025 – NEOG
GlobeNewswire News Room· 2025-07-24 20:02
Core Viewpoint - Neogen Corporation (NASDAQ: NEOG) is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its integration with the Food Safety Division of 3M Company, which misled investors about the progress of the integration [3]. Group 1: Allegations and Class Action Details - The class period for the lawsuit is from January 5, 2023, to June 3, 2025 [3]. - The complaint alleges that Neogen's management downplayed inefficiencies arising from the integration and assured investors of their commitment to resolving these issues quickly [3]. - Shareholders are encouraged to register for the class action by September 16, 2025, to potentially become lead plaintiffs [4]. Group 2: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Investors in Neogen Corporation Should Contact The Gross Law Firm Before September 16, 2025 to Discuss Your Rights - NEOG
Prnewswire· 2025-07-24 12:45
NEW YORK, July 24, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Neogen Corporation (NASDAQ: NEOG).Shareholders who purchased shares of NEOG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/neogen-corporation-loss-submission-form/?id=157776&from=4CLASS PERIOD: January 5, 2023 ...
NEOGEN SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Neogen Corporation - NEOG
GlobeNewswire News Room· 2025-07-24 02:44
Core Viewpoint - Neogen Corporation is facing a securities class action lawsuit for failing to disclose material information during the class period from January 5, 2023, to June 3, 2025, which has led to significant stock price declines [1][3]. Summary by Sections Lawsuit Details - The lawsuit is pending in the United States District Court for the Western District of Michigan, with a deadline for lead plaintiff applications set for September 16, 2025 [1]. - The case is titled Operating Eng'rs Constr. Indus. & Misc. Pension Fund v. Neogen Corp., et al., No. 25-cv-00802 [5]. Financial Performance - On April 9, 2025, Neogen reported a quarterly revenue decrease of 3.4% to $221 million, attributed to integration issues, and subsequently cut its FY25 guidance [4]. - Capital expenditures were projected to be $100 million due to lowered adjusted EBITDA and integration-related expenses [4]. - Following the revenue announcement, Neogen's stock price dropped 28% to close at $5.02 per share on a volume of 47 million shares [4]. - On June 4, 2025, the company indicated that its EBITDA margin would likely be in the high-teens, a significant decline from the previous quarter's margin of 22%, resulting in an additional 17% drop in stock price to $4.96 per share [4]. Investor Support - ClaimsFiler provides a free service for investors to recover funds from securities class action settlements, offering resources for timely claims submission and legal evaluations [6].
NEOG INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Neogen Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-07-23 10:00
Core Viewpoint - Neogen Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives misled investors regarding the integration with 3M and the financial health of the company during the class period from January 5, 2023, to June 3, 2025 [1][3]. Company Overview - Neogen Corporation engages in the development, manufacture, and marketing of products and services focused on food and animal safety [2]. - The company announced a merger with the Food Safety Division of 3M in December 2021, which was completed in September 2022 [2]. Allegations of the Lawsuit - The lawsuit alleges that Neogen's executives misrepresented the progress of the integration with 3M and downplayed inefficiencies that arose during this process [3]. - On January 10, 2025, Neogen reported a significant GAAP net income loss due to a $461 million non-cash goodwill impairment charge related to the 3M acquisition, alongside a reduction in revenue and EBITDA guidance for fiscal year 2025 [4]. - Following the announcement of its third quarter results on April 9, 2025, Neogen reported a loss of $11 million, a revenue decline of 3.4% to $221 million, and a significant drop in stock price by 28% [5]. - On June 4, 2025, Neogen projected a drop in EBITDA margin to the high teens from 22%, leading to a further stock price decline of over 17% [6]. Legal Process - Investors who purchased Neogen common stock during the class period can seek appointment as lead plaintiff in the class action lawsuit, representing the interests of all class members [7]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8][9].
NEOGEN SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Neogen Corporation - NEOG
GlobeNewswire News Room· 2025-07-23 02:37
Core Viewpoint - Neogen Corporation is facing a securities class action lawsuit for failing to disclose material information during the class period from January 5, 2023, to June 3, 2025, which has led to significant financial losses for investors [1][3]. Company Performance - On April 9, 2025, Neogen reported a quarterly revenue decrease of 3.4% to $221 million, attributed to integration issues, and lowered its FY25 guidance, anticipating capital expenditures of $100 million due to reduced adjusted EBITDA and integration-related costs [4]. - Following the revenue report, Neogen's share price dropped 28% to close at $5.02 per share on a volume of 47 million shares [4]. - On June 4, 2025, the company projected an EBITDA margin in the high-teens, a significant decline from the previous quarter's profit margin of 22%, resulting in an additional 17% drop in share price to close at $4.96 per share [4]. Legal Context - The lawsuit is titled Operating Eng'rs Constr. Indus. & Misc. Pension Fund v. Neogen Corp., et al., No. 25-cv-00802, and is pending in the United States District Court for the Western District of Michigan [5]. - Investors who purchased shares during the class period have until September 16, 2025, to file lead plaintiff applications [1][2].
NEOG Investors Have Opportunity to Lead Neogen Corporation Securities Fraud Lawsuit
Prnewswire· 2025-07-22 22:08
NEW YORK, July 22, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of common stock of Neogen Corporation (NASDAQ: NEOG) between January 5, 2023 and June 3, 2025. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 16, 2025.So what: If you purchased Neogen common stock during the Class Period you may be entitled to compensation wi ...
NEOG INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Neogen Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-07-22 20:00
Core Viewpoint - A class action lawsuit has been filed against Neogen Corporation and certain officers for alleged violations of federal securities laws during the defined Class Period from January 5, 2023, to June 3, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Neogen's management made materially false and misleading statements regarding the integration process, leading investors to believe it was progressing more successfully than it actually was [3]. - The complaint highlights that even when the company acknowledged certain "inefficiencies" from the integration, management downplayed their significance and falsely assured investors of their commitment to resolve these issues [3]. - Following the disclosure on June 4, 2025, that the expected EBITDA margin would be around the high-teens, a significant drop from the previous quarter's 22% margin, investors were reportedly shocked by this revelation [3]. Group 2: Legal Process and Participation - Investors who purchased Neogen securities during the Class Period are encouraged to join the lawsuit, with a deadline of September 16, 2025, to request appointment as lead plaintiff [4]. - The law firm representing the class action operates on a contingency fee basis, meaning they will only recover costs if successful in the lawsuit [5]. Group 3: Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions of dollars for investors [6].