Class Action Filed Against Neogen Corporation – Investors with Losses Encouraged to Contact Johnson Fistel

Shareholder rights law firm Johnson Fistel, PLLP announces that a class action lawsuit has been filed on behalf of investors who purchased shares of Neogen Corporation (NASDAQ: NEOG) between January 5, 2023 to June 3, 2025, inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than September 16, 2025.

The class action lawsuit alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) Neogen had overstated the benefits and synergies of the 3M Food Safety acquisition and the integration efforts; (2) Neogen had understated the operational problems associated with the 3M Food Safety acquisition; (3) Neogen had failed to timely write down goodwill from the acquisition; (4) as a result, Neogen had overstated its future earnings and cash flows; and (5) as a result of the foregoing, Defendants’ positive statements about Neogen’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.