Neogen Corporation Faces Class Action Lawsuit Over Alleged Securities Fraud Linked to 3M Integration
Reuters
Sep 09
Neogen Corporation Faces Class Action Lawsuit Over Alleged Securities Fraud Linked to 3M Integration
Neogen Corporation is facing a class action securities lawsuit filed on behalf of investors who incurred losses due to alleged securities fraud between January 5, 2023, and June 3, 2025. The lawsuit claims that Neogen's executives issued misleading statements regarding the integration of the Food Safety Division of the 3M Company, suggesting it was progressing well when it was not. The company allegedly downplayed inefficiencies and assured investors of quick resolutions. Levi & Korsinsky, LLP is handling the case, highlighting their expertise in representing investors in complex securities litigation.
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