Saxena White P.A. is pleased to announce that on December 3, 2025, the United States District Court for the Western District of Michigan appointed Operating Engineers Construction Industry and Miscellaneous Pension Fund, City of Miami Fire Fighters’ and Police Officers’ Retirement Trust, Metropolitan Employee Benefit System, City of Orlando Firefighters’ Pension Fund, City of Orlando Police Officers’ Pension Fund, City of Orlando General Employees’ Pension Fund, and West Palm Beach Firefighters’ Pension Fund (collectively, the Pension Funds) as Lead Plaintiff and Saxena White P.A. as Co-Lead Counsel in the securities class action against Neogen Corporation (“Neogen” or the “Company”) and two of its executive officers (collectively, “Defendants”).
The action alleges that, between January 5, 2023 and June 3, 2025 (the class period), Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Neogen’s business and operations, including the Company’s progress integrating the Food Safety Division of the 3M Company (“3M”). Specifically, Defendants failed to disclose the true state of the 3M integration, which led investors to believe that the 3M integration was going better than it was. Defendants also downplayed certain inefficiencies that arose as a result of the integration with 3M.