Neogen Corporation Faces Class Action Over Securities Fraud Allegations – Investors Advised to Act Quickly

Neogen Corporation Faces Legal Action for Securities Violations

In a significant development in the financial and investment landscape, Neogen Corporation (NASDAQ: NEOG) has found itself entangled in a class-action lawsuit filed by the esteemed law firm Levi & Korsinsky, LLP. The lawsuit is currently addressing grave allegations of securities fraud, with substantial implications for the investors involved.

Details of the Lawsuit

The legal proceedings announced on August 15, 2025, focus on the alleged wrongful actions taken by Neogen Corporation's executives between January 5, 2023, and June 3, 2025. According to the complaint, the defendants purportedly made a series of misleading statements. These assertions claimed that the ongoing integration with the Food Safety Division of the 3M Company was progressing smoothly. However, the lawsuit contends that this narrative was far from the truth.

Allegations of Mismanagement

The core of these allegations lies in the assertion that Neogen's leadership downplayed several 'inefficiencies' that surfaced during the integration process. This incorrect depiction led investors to operate under false pretenses about the company’s operational health. Investors, therefore, took significant financial hits once the truth unraveled, leading to the current class-action lawsuit aimed at recovering their losses.

Invitation to Affected Investors

As Neogen Corporation grapples with these accusations, Levi & Korsinsky urges all affected investors to come forward. If any investor suffered a loss during the relevant timeframe, they are encouraged to submit their request for the Court to appoint them as lead plaintiff by September 16, 2025. It’s important to note that individual participation as a lead plaintiff is not necessary for investors to be eligible for any potential recovery from the lawsuit.

A No-Cost Opportunity

For those who find themselves part of this class, participating in the class action may not entail any out-of-pocket costs. Levi & Korsinsky assures potential claimants that there are no fees or financial obligations to participate in this process, making it an accessible avenue for seeking justice.

Levi & Korsinsky: A Legacy of Advocacy

Levi & Korsinsky, LLP has a history of standing up for investors’ rights and has secured substantial compensation for shareholders in the past two decades. Their expertise in handling complex securities lawsuits is well documented, earning them a spot among the top litigation firms in the United States, according to ISS Securities Class Action Services.

How to Get Involved

Investors affected by Neogen Corporation’s alleged actions can reach out directly for more information. They can contact Joseph E. Levi, Esq. by email at [email protected] or call (212) 363-7500. It is crucial to act quickly, given the approaching deadline to initiate participation in this class action.

In conclusion, this case serves as an important reminder for investors to remain vigilant about the companies they invest in and to be proactive in seeking redress against any misrepresentations that could affect their financial wellbeing.