#USA #New York #Securities Fraud #Pomerantz Law #Neogen Corporation

Investigation into Neogen Corporation by Pomerantz Law Firm

In a noteworthy development for investors, Pomerantz LLP has initiated an investigation into potential claims against Neogen Corporation, a publicly traded company on the NASDAQ under the ticker symbol NEOG. This investigation comes at a time when concerns over securities fraud and other unethical business practices have emerged regarding the company's operations and management.

Background of Neogen Corporation

Neogen Corporation specializes in developing and marketing products for food and animal safety. The company has experienced growth in various sectors, supported by its commitment to ensuring safer food supply chains and health standards in animal care. However, the recent financial disclosures have prompted a re-evaluation of its corporate integrity.

Details of the Investigation

On June 4, 2025, Neogen Corporation announced its fourth-quarter fiscal results, stating that although their results would be comparable to prior forecasts, the EBITDA margin was expected to dip significantly. Neogen forecasted a margin of around high-teens percent, a sharp decline from the previous quarter's 22%. The decline has been attributed to 'elevated inventory write-offs,' raising concerns about the company's operational transparency and sales practices.

As a result of this announcement, Neogen's stock plummeted by $1.04 per share, marking an alarming 17.3% drop, pushing the price down to $4.96 per share. Such steep declines in stock prices can indicate severe investor discontent and may lead to further investigations into the company’s actions and statements leading up to the announcement.

The Role of Pomerantz Law Firm

Pomerantz LLP is known for its extensive involvement in corporate, securities, and antitrust class litigation. Established over eight decades ago, the firm plays a significant role in holding corporations accountable for various forms of misconduct, particularly in securities fraud cases. Investors who feel misled or harmed by Neogen’s recent announcements are being encouraged to reach out and participate in the potential class action, underlining the firm’s commitment to securing justice for aggrieved parties.

Their track record includes handling class-action lawsuits that have yielded substantial damages for investors, highlighting their dedication to protecting shareholder rights.

Danielle Peyton, a contact at Pomerantz, is inviting affected investors to connect with the firm to discuss their potential claims and perspectives regarding Neogen's performance and decisions. Contact information has been provided via email and phone, facilitating open communication between concerned parties and legal experts.

Conclusion

The ongoing investigation into Neogen Corporation underscores the critical nature of corporate accountability and transparency. As investors navigate this turbulent period, the scrutiny placed on Neogen's business practices by Pomerantz Law Firm serves as a reminder of the importance of ethical conduct in the corporate sector. Investors with stakes in Neogen may want to stay informed and engaged as developments unfold and consider seeking legal counsel if they feel their investments have been compromised by the company's actions.

For more updates and to express your concerns directly, reach out to Pomerantz LLP.

Contact Information:
Danielle Peyton
Email: [email protected]
Phone: 646-581-9980 ext. 7980

Stay tuned for updates as this situation progresses.