1. A class action lawsuit has been filed against Neogen Corporation. 2. The lawsuit alleges false statements regarding 3M integration progress. 3. Shareholders are encouraged to register for potential recovery. 4. Class period for claims is January 5, 2023, to June 3, 2025. 5. The deadline for lead plaintiff registration is September 16, 2025.
Lawsuits often lead to negative investor sentiment, reminiscent of past incidents where stock prices dropped post-litigation announcement. This can result in reduced investor confidence, leading to downward pressure on NEOG's stock price.
The article provides critical information about a class action lawsuit affecting NEOG, which could directly impact investor sentiment and stock performance, making it pertinent for stakeholders. The details about stakeholder actions add to its significance.
The immediate reaction from the market may include selling pressure due to uncertainty, potentially affecting NEOG's value in the near term, similar to past stock performances during class action announcements.
NEW YORK, Aug. 14, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Neogen Corporation (NASDAQ:NEOG).
Shareholders who purchased shares of NEOG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/neogen-corporation-loss-submission-form/?id=161234&from=4
CLASS PERIOD: January 5, 2023 to June 3, 2025
ALLEGATIONS: According to the filed complaint, defendants issued a series of materially false and misleading statements which led investors to believe that the integration with the Food Safety Division of the 3M Company was progressing much better than it actually was. In addition, even when the Company was forced to reveal that certain "inefficiencies" arose as a result of the integration, defendants downplayed them and assured investors that they were fully aware and committed to resolving them quickly.
DEADLINE: September 16, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/neogen-corporation-loss-submission-form/?id=161234&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of NEOG during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 16, 2025. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm