#USA #New Orleans #securities lawsuit #Neogen Corporation #ClaimsFiler

Neogen Corporation Class Action Lawsuit Update

Overview
Neogen Corporation (NASDAQ: NEOG) has recently faced a tumultuous period marked by significant challenges that have affected its valuation and investor sentiment. Investors who suffered losses exceeding $100,000 during the defined Class Period, from January 5, 2023, to June 3, 2025, are reminded by ClaimsFiler, a shareholder information service, to consider filing as lead plaintiffs in a class action lawsuit. The deadline for these submissions is September 16, 2025, painting a crucial picture for those affected by recent financial setbacks within the company.

Regular Investor Reminders

ClaimsFiler serves as a key resource for shareholders wishing to reclaim losses from securities class action settlements. The upcoming deadlines and filing details can be pivotal for retail investors looking to take action against companies like Neogen that have faced scrutiny for financial reporting and operations. The lawsuit is currently underway in the United States District Court for the Western District of Michigan, emphasizing the legal avenues available for shareholders.

Background on the Litigation

The lawsuit centers around claims that Neogen Corporation and its executives failed to disclose critical information pertinent to the company’s financial health, thereby violating federal securities laws. In April 2025, Neogen responded to internal challenges, revealing a 3.4% decrease in quarterly revenue to $221 million due to integration issues. More alarming was a revision to its fiscal year 2025 guidance, as the company announced anticipated capital expenditures of $100 million, resulting from a drop in the adjusted EBITDA and accelerated costs related to integration.

Following these revelations, the stock price plummeted by an alarming 28%, closing at $5.02 per share with a staggering trading volume of 47 million shares. As if that wasn’t a blow enough, further disclosures from Neogen regarding expected low EBITDA margins of high-teens indicated even harsher realities for investors. Such announcements resulted in additional stock depreciation, further diminishing shareholder confidence and driving the share price down by 17%, closing at $4.96.

What Investors Can Do

For shareholders concerned about their investment in Neogen, now is the time to consider participating in the class action lawsuit. ClaimsFiler provides free access to resources that guide investors in understanding their rights and filing claims appropriately. Shareholders can register for free at Claimsfiler.com or contact them directly via their toll-free number at 844-367-9658 for further assistance. Legal professionals from Kahn Swick & Foti, LLC stand ready to discuss various options available to affected investors.

Understanding Shareholder Rights

It is essential for investors to recognize their rights and potential entitlements as they navigate through the complexities of corporate law and securities regulation. Often, timely action taken by shareholders can result in significant financial recoveries from a class action settlement, which not only serves to recompense minority shareholders but also holds large corporations accountable for misrepresentation and fraud.

In situations like Neogen Corporation’s, where transparency has been called into question, it has never been more crucial for public investors to be proactive. Keeping abreast of developments and understanding the implications of corporate actions are fundamental in protecting one’s financial interests in today’s unpredictable market.

In conclusion, the impending deadline for filing lead plaintiff applications on September 16, 2025, should not be overlooked by shareholders impacted by Neogen’s declared financial irregularities. Tools and resources are readily available through ClaimsFiler for investors seeking to reclaim their losses effectively and efficiently.