This event is archived. Final snapshot from when the story concluded. View on Dashboard
Events / Business / Neogen Securities Class Action Lawsuit
Business class action lawsuit

Neogen Securities Class Action Lawsuit

Analysis based on 26 articles · First reported Jul 22, 2025 · Last updated Sep 02, 2025

Sentiment
-50
Attention
4
Articles
26
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The class action lawsuit against Neogen for alleged securities fraud regarding its integration with 3M's Food Safety Division could lead to significant financial penalties for Neogen, negatively impacting its stock price and investor confidence. For law firms like Levi & Korsinsky and Rosen Law Firm, this event presents an opportunity to secure compensation for aggrieved shareholders, potentially enhancing their reputation and business.

Biotechnology Legal Services
Event Summary

Neogen is facing a class action securities lawsuit filed by investors who allege the company made materially false and misleading statements between January 5, 2023, and June 3, 2025. The lawsuit claims Neogen misrepresented the progress of its integration with 3M's Food Safety Division, downplaying inefficiencies and assuring investors of quick resolutions. Law firms Levi & Korsinsky and Rosen Law Firm are actively notifying investors of the lawsuit and encouraging those who suffered losses to join the class action before the lead plaintiff deadline of September 16, 2025.

Entities Involved
stock
Neogen
Neogen is facing a class action lawsuit for allegedly issuing false and misleading statements regarding the integration of 3M's Food Safety Division, causing investor losses.
Importance 100.0 Sentiment -60.0
stock
3M
Neogen's integration of 3M's Food Safety Division is at the center of the lawsuit, with allegations of misleading statements about its progress.
Importance 20.0 Sentiment 0.0
priv
Levi & Korsinsky
Importance 0.0 Sentiment 0.0
per
Joseph E. Levi
Importance 0.0 Sentiment 0.0
priv
Rosen Law Firm
Importance 0.0 Sentiment 0.0
per
Philip Kim
Importance 0.0 Sentiment 0.0
per
Lawrence Rosen
Importance 0.0 Sentiment 0.0
Relationships
Levi & Korsinsky related ↔ Joseph E. Levi
Levi & Korsinsky related ↔ Rosen Law Firm
Levi & Korsinsky related ↔ Philip Kim
Levi & Korsinsky related ↔ Lawrence Rosen
Joseph E. Levi related ↔ Rosen Law Firm
Joseph E. Levi related ↔ Philip Kim
Joseph E. Levi related ↔ Lawrence Rosen
Rosen Law Firm related ↔ Philip Kim
Rosen Law Firm related ↔ Lawrence Rosen
Philip Kim attorney ↔ Lawrence Rosen Philip Kim is an attorney at the Rosen Law Firm, working under the direction of founding partner Lawrence Rosen. Kim fre
ERGEN INTELLIGENCE
Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard

About Ergen

Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.