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NEOG INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Neogen Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
NeogenNeogen(US:NEOG) GlobeNewswire News Roomยท2025-07-22 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].