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NLRB Withdraws Unfair Labor Practices Claim Against Neogen®

1. NLRB withdrew unfair labor practices claim against Neogen. 2. No wrongdoing admitted by Neogen in withdrawal action. 3. Employees will vote on potential unionization soon. 4. Neogen emphasizes a supportive workplace environment. 5. Company commits to legal compliance during the voting process.

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Why Neutral?

The NLRB withdrawal reduces legal liabilities but does not visibly enhance growth prospects.

How important is it?

The article highlights Neogen's labor relations status, touching on workplace stability that may influence stock performance.

Why Short Term?

Immediate impacts from labor relations can affect stock performance but stability returns quickly.

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NEOG
, /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today the National Labor Relations Board (NLRB) has withdrawn its unfair labor practices claim against the Company. The claim was withdrawn following a mutual agreement, with no admission of wrongdoing by Neogen. In the coming weeks, Lansing warehouse shipping clerks and material handling employees will have the opportunity to vote in an election to determine whether they wish to unionize. "At Neogen, we are dedicated to fostering a supportive and equitable workplace where employees feel valued and heard," said Amy Rocklin, Chief Legal and Compliance Officer. "We respect our employees' rights and we prioritize a positive work environment. Neogen remains committed to supporting our employees throughout this process and will continue to comply fully with all legal obligations related to the election." About NeogenNeogen Corporation is committed to fueling a brighter future for global food security through the advancement of human and animal well-being. Harnessing the power of science and technology, Neogen has developed comprehensive solutions spanning the Food Safety, Livestock, and Pet Health & Wellness markets. A world leader in these fields, Neogen has a presence in over 140 countries with a dedicated network of scientists and technical experts focused on delivering optimized products and technology for its customers. Contact[email protected]  SOURCE Neogen Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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