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Shareholders that lost money on Neogen Corporation (NEOG) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
NeogenNeogen(US:NEOG) GlobeNewswire News Room·2025-08-11 20:26

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 false statements about the progress of the integration, leading investors to have an inflated perception of its success [2] - When inefficiencies from the integration were revealed, the defendants downplayed these issues and reassured investors of their commitment to resolving them [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 [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3] Group 3: Firm Background - Levi & Korsinsky has a strong track record, having secured hundreds of millions for shareholders and being recognized as a top securities litigation firm in the U.S. for seven consecutive years [4]