Neogen Corporation Investors Warned About Class Action Lawsuit and Key Deadlines Ahead
Overview of the Class Action Case Against Neogen Corporation
Neogen Corporation, a publicly traded company on NASDAQ under the ticker symbol NEOG, is currently facing significant legal challenges as investors are being informed about an impending class action lawsuit initiated by the law firm Levi & Korsinsky, LLP. The firm aims to represent investors who have suffered losses due to alleged fraudulent activities involving the company's securities.
Background
The class action lawsuit concerns events that transpired between January 5, 2023, and June 3, 2025, during which time investors were allegedly misled by Neogen Corporation's management regarding the integration of its Food Safety Division with that of the 3M Company. According to the filed complaint, defendants issued a series of misleading statements, suggesting that the integration was progressing positively. However, discrepancies later revealed inefficiencies that the company downplayed to maintain investor confidence.
Key Deadlines for Investors
Investors who have incurred losses during the stipulated timeframe should take note that the deadline to request to be appointed as the lead plaintiff in this case is September 16, 2025. It is crucial for affected individuals to act swiftly, as this status could influence their ability to recover from the case's outcome, although it's worth noting that participation in any recovery doesn't necessarily require serving in this leadership role.
No Out-of-Pocket Costs Involved
Levi & Korsinsky assures potential class members that they may be entitled to compensation without incurring any out-of-pocket costs or fees associated with participating in the lawsuit. This structure is designed to ensure that all individuals affected can access justice without financial hurdles, which can often deter participation in class action lawsuits.
Levi & Korsinsky's Expertise
With over 20 years of experience in securities litigation, Levi & Korsinsky has established a commendable track record, securing hundreds of millions of dollars for its clients. The firm has ranked in the ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading firm in the domain, showcasing their prowess in navigating complex legal issues related to investor rights.
Contacting Levi & Korsinsky
Investors interested in joining this class action or seeking additional information are encouraged to contact Levi & Korsinsky directly. They can reach out to Joseph E. Levi, Esq. via email or by phone at (212) 363-7500. Additionally, more details and updates can be accessed through their official website, which provides a portal for submitting inquiries regarding the lawsuit.
Conclusion
As the legal landscape unfolds, Neogen Corporation's investors should remain vigilant and informed about their rights and the opportunities available through this class action lawsuit. Prompt action is essential given the upcoming deadlines, and potential class members are encouraged to seek legal guidance from reputable firms like Levi & Korsinsky to assess their positions and options for recovery.