Neogen Corporation Class Action Alert: Important Information for Investors
Neogen Shareholder Alert
In a significant development for shareholders of Neogen Corporation (NASDAQ: NEOG), Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has issued a reminder regarding the eligibility to apply as lead plaintiffs in a securities class action lawsuit against the company. Investors who sustained losses exceeding $100,000 and purchased shares between January 5, 2023, and June 3, 2025, have until September 16, 2025, to file their lead plaintiff applications.
The lawsuit revolves around claims that Neogen Corporation, alongside certain executives, failed to disclose critical information that could have impacted shareholders' investment decisions. This lack of transparency allegedly violated federal securities laws.
On April 9, 2025, Neogen reported a misstep in its quarterly revenue, indicating a 3.4% decline to $221 million. This decrease was attributed to ongoing integration issues, alongside a revision of its fiscal guidance for FY25 and an announcement regarding the departure of its Chief Executive Officer. In a harsh response from the market, Neogen's shares plunged by 28%, settling at $5.02 on a staggering trading volume of 47 million shares.
Following this, on June 4, 2025, the company projected that its EBITDA margin would be in the high-teens, a significant fall from the previous quarter’s margin of 22%. This news further rattled investors, leading to another 17% drop in share price, closing at $4.96.
KSF encourages all eligible investors of Neogen to examine their legal rights in relation to this case. If you're considering acting as a lead plaintiff, you must petition the court by the set deadline. Interested parties can reach out to KSF Managing Partner Lewis Kahn via a toll-free number at 1-877-515-1850 or email at [email protected] Additionally, more information is available on KSF’s dedicated web page for the case.
Established as a premier boutique law firm specializing in securities litigation, Kahn Swick & Foti, LLC has successfully advocated for many investors over the years. With a presence in various states including New York, California, and Louisiana, KSF focuses on pursuing recoveries for investment losses resulting from corporate wrongdoing. This year, they were recognized among the top ten firms nationwide for settlement value in securities class action cases.
For further details on the Neogen Corporation case and to understand how it might affect you, do not hesitate to get in touch with KSF. Understanding your rights and options could be crucial in your recovery process as a shareholder. Stay informed and respond promptly as the action unfolds in the U.S. District Court for the Western District of Michigan under the case title Operating Engineers Construction Industry Miscellaneous Pension Fund v. Neogen Corporation, et al., case number 25-cv-00802.
In a significant development for shareholders of Neogen Corporation (NASDAQ: NEOG), Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has issued a reminder regarding the eligibility to apply as lead plaintiffs in a securities class action lawsuit against the company. Investors who sustained losses exceeding $100,000 and purchased shares between January 5, 2023, and June 3, 2025, have until September 16, 2025, to file their lead plaintiff applications.
Background on the Lawsuit
The lawsuit revolves around claims that Neogen Corporation, alongside certain executives, failed to disclose critical information that could have impacted shareholders' investment decisions. This lack of transparency allegedly violated federal securities laws.
On April 9, 2025, Neogen reported a misstep in its quarterly revenue, indicating a 3.4% decline to $221 million. This decrease was attributed to ongoing integration issues, alongside a revision of its fiscal guidance for FY25 and an announcement regarding the departure of its Chief Executive Officer. In a harsh response from the market, Neogen's shares plunged by 28%, settling at $5.02 on a staggering trading volume of 47 million shares.
Following this, on June 4, 2025, the company projected that its EBITDA margin would be in the high-teens, a significant fall from the previous quarter’s margin of 22%. This news further rattled investors, leading to another 17% drop in share price, closing at $4.96.
What Investors Should Do
KSF encourages all eligible investors of Neogen to examine their legal rights in relation to this case. If you're considering acting as a lead plaintiff, you must petition the court by the set deadline. Interested parties can reach out to KSF Managing Partner Lewis Kahn via a toll-free number at 1-877-515-1850 or email at [email protected] Additionally, more information is available on KSF’s dedicated web page for the case.
About Kahn Swick & Foti, LLC
Established as a premier boutique law firm specializing in securities litigation, Kahn Swick & Foti, LLC has successfully advocated for many investors over the years. With a presence in various states including New York, California, and Louisiana, KSF focuses on pursuing recoveries for investment losses resulting from corporate wrongdoing. This year, they were recognized among the top ten firms nationwide for settlement value in securities class action cases.
For further details on the Neogen Corporation case and to understand how it might affect you, do not hesitate to get in touch with KSF. Understanding your rights and options could be crucial in your recovery process as a shareholder. Stay informed and respond promptly as the action unfolds in the U.S. District Court for the Western District of Michigan under the case title Operating Engineers Construction Industry Miscellaneous Pension Fund v. Neogen Corporation, et al., case number 25-cv-00802.
Topics Financial Services & Investing）
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