Neogen(US:NEOG) Prnewswire·2025-08-25 12:45Core Viewpoint - Neogen Corporation 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 [2]. Group 1: Class Action Details - The class period for the lawsuit is from January 5, 2023, to June 3, 2025 [2]. - Shareholders who purchased shares during this period are encouraged to register for the class action and may seek lead plaintiff status by the deadline of September 16, 2025 [3]. - The Gross Law Firm is facilitating the registration process and will provide portfolio monitoring software for status updates throughout the case [3]. Group 2: Allegations Against Neogen Corporation - The complaint alleges that Neogen Corporation downplayed inefficiencies arising from the integration with 3M and assured investors of their commitment to resolving these issues quickly [2]. - The misleading statements led to an artificial inflation of Neogen's stock, impacting investors who suffered losses as a result [4]. Group 3: Legal Representation - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [4].