Neogen Corporation Shareholder Alert: Class Action Lawsuit Updates and Deadlines for Investors

Neogen Corporation Shareholder Alert: Class Action Lawsuit Updates

As of August 22, 2025, ClaimsFiler, a service aimed at assisting shareholders, is sending a wave of alerts to investors of Neogen Corporation (NasdaqGS: NEOG). Those who suffered losses exceeding $100,000 and purchased shares between January 5, 2023, and June 3, 2025, are encouraged to act quickly. The deadline for filing lead plaintiff applications in an ongoing securities class action lawsuit is set for September 16, 2025. This legal proceeding is currently being processed in the United States District Court for the Western District of Michigan.

Background of the Lawsuit

The class action lawsuit asserts that Neogen, alongside certain executives, failed to disclose essential information that impacted the company’s valuation during the specified class period. The lawsuit follows a series of unfortunate events for Neogen. On April 9, 2025, the company announced a quarterly revenue decline of 3.4%, amounting to $221 million which was attributed to integration issues. Furthermore, they revised their fiscal year 2025 guidance downward, projecting capital expenditures around $100 million and revealing the unexpected departure of their CEO. This announcement sharply affected investor confidence, causing Neogen’s stock to plummet by 28% to $5.02 per share on a volume of 47 million shares.

Fast forward to June 4, 2025, the company provided another somber update. Neogen indicated that their expected EBITDA margin was likely to be in the high teens, significantly lower than the previous quarter's profit margin of 22%. This revelation further contributed to a decline in share price, which dropped an additional 17%, closing at $4.96 per share.

The Role of ClaimsFiler

Investors seeking clarity and guidance during this tumultuous time can visit ClaimsFiler or reach out via their toll-free number at (844) 367-9658. Legal experts from Kahn Swick & Foti, LLC are available to discuss individual legal options, providing free consultations to investors affected by this situation.

ClaimsFiler's mission is primarily focused on helping retail investors reclaim their rightful share from securities class action settlements, making the process as accessible as possible. Their website offers resources where shareholders can register for free to receive timely information about various class action cases and be notified about securities investigations that may affect their financial interests.

Conclusion

This serves as a critical reminder for Neogen's investors to stay informed and to take prompt action in light of the approaching deadlines. The class action against Neogen presents an opportunity for those significantly impacted by the company's recent struggles to potentially recover their losses. Make sure to check the official claims site, and reach out for legal support if necessary. Awareness and timely action could make all the difference for investors navigating this challenging landscape.