Pomerantz Law Firm Investigates Potential Securities Fraud at Neogen Corporation
Legal Investigation Into Neogen Corporation
The Pomerantz Law Firm, a distinguished name in corporate and securities litigation, has stepped forward to investigate possible claims related to Neogen Corporation, listed on NASDAQ under the symbol NEOG. This inquiry comes as the firm aims to support investors who may have suffered losses due to alleged securities fraud or other illegal business actions conducted by Neogen and its executives.
Context of the Investigation
On June 4, 2025, Neogen Corporation disclosed a significant downturn in its fiscal performance, revealing that its fourth-quarter financial results were expected to be substantially lower than previous forecasts. This information included an EBITDA margin projected in the high-teens range, a stark decline from the 22% margin reported in the previous quarter. The cause of this decrease was attributed to heightened inventory write-offs.
Following the announcement, Neogen's stock price plummeted by $1.04 per share, equating to a 17.3% drop, closing at $4.96 on that day. Such a decline raises concerns among investors, prompting the investigation by Pomerantz LLP to assess whether Neogen's management was transparent regarding these downturns or engaged in misleading practices.
The Importance of the Inquiry
Pomerantz LLP's investigation highlights the firm’s dedication to defending the rights of investors. With a legacy stretching over 80 years, the firm has established itself as a leader in handling class-action lawsuits. The firm’s founder, Abraham L. Pomerantz, is heralded for pioneering the class action bar, especially in the realm of securities litigation.
Notably, Pomerantz’s perseverance in representing victims of securities fraud and corporate misconduct has resulted in many significant settlements for class action members, further emphasizing the firm’s commitment to securing justice for investors.
As the investigation unfolds, the firm invites affected investors to connect with attorney Danielle Peyton for detailed insights and guidance on potential actions they can take.
Next Steps for Affected Investors
If you are an investor impacted by the stock decline of Neogen Corporation and are looking for support, the Pomerantz Law Firm encourages you to get in touch. Danielle Peyton can be reached at [email protected] or by calling 646-581-9980 ext. 7980. This outreach is a crucial step for investors who may wish to participate in any forthcoming class action or seek other legal remedies for their financial losses.
Furthermore, as the investigation is in its early stages, investors are urged to remain proactive and informed about any developments pertaining to Neogen and the overall market reaction to the firm’s financial disclosures and strategies.
In conclusion, Pomerantz LLP continues to uphold its mission of advocating for investor rights in various securities-related claims, and their investigation into Neogen Corporation serves as a reminder of the vital role that legal scrutiny plays in maintaining corporate transparency and accountability within the financial markets.