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

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].