Investor Alert: Neogen Corporation Class Action
Background
Kahn Swick & Foti, LLC, recognized for its prowess in securities litigation, along with Charles C. Foti, Jr., the former Attorney General of Louisiana, has shared an urgent reminder for investors in Neogen Corporation (NASDAQ: NEOG). If you invested and sustained losses exceeding $100,000 between January 5, 2023, and June 3, 2025, it’s critical to understand your rights and options regarding an ongoing class action lawsuit against Neogen.
Important Deadlines
The lead plaintiff deadline for filing applications in this lawsuit is set for September 16, 2025. Therefore, affected investors should act quickly to ensure their voices are heard.
Details of the Lawsuit
The lawsuit charges Neogen and certain executives with failing to disclose significant information throughout the applicable period, in violation of federal securities laws. Key failures include inadequate management of integration processes, leading to a reported revenue decline of 3.4% to $221 million as of April 9, 2025. The company further lowered its fiscal guidance for FY25, projecting significant capital expenditures alongside the surprising departure of its CEO. In response to these disclosures, Neogen's stock price saw a staggering decline of 28%, hitting $5.02 with a trading volume of 47 million shares.
On June 4, 2025, Neogen revealed an anticipated drop in EBITDA margin to the high teens, down from 22%. Consequently, Neogen's share price dropped another 17%, closing at $4.96.
Legal Process
The case, titled
Operating Eng'rs Constr. Indus. Misc. Pension Fund v. Neogen Corp., et al., is currently pending in the United States District Court for the Western District of Michigan. The situation amplifies the importance of swift action by investors.
What You Can Do
Investors who purchased shares during the defined period are encouraged to discuss their legal rights. KSF stands ready to assist investors in understanding how this case may impact them and how to proceed with filing as a lead plaintiff. Interested individuals can contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email at
email protected] More information is also available at [KSF's website.
About Kahn Swick & Foti, LLC
KSF is a leading boutique law firm specializing in securities litigation, with a proven track record of success, making it one of the top firms according to SCAS based on total settlement value. With a diverse clientele that includes both institutional and retail investors, KSF works diligently to recover losses stemming from corporate malfeasance.
For further inquiries, KSF offers multiple contact points including offices across the United States and representatives ready to assist investors.
Conclusion
Investors with significant losses in Neogen must act before the impending deadline. Opportunities for recovery exist through this class action lawsuit, and it is vital to engage legal counsel to navigate this crucial timeline. Kahn Swick & Foti, LLC remains committed to standing with investors through these challenging times.