Core Viewpoint - Neogen Corporation (NASDAQ: NEOG) is facing a class action lawsuit due to allegations of misleading statements regarding its integration with the Food Safety Division of 3M Company, which misled investors about the progress of this 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 issued materially false and misleading statements, leading investors to believe that the integration was progressing better than it actually was [3]. - Even after acknowledging certain "inefficiencies" from the integration, the company downplayed these issues and assured investors of their commitment to resolving them quickly [3]. Group 2: Shareholder Information - Shareholders who purchased NEOG shares during the class period are encouraged to register for the class action, with a deadline of September 16, 2025, to seek lead plaintiff status [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [5].
Shareholders that lost money on Neogen Corporation(NEOG) should contact The Gross Law Firm about pending Class Action - NEOG