NEW YORK, NY / ACCESS Newswire / June 20, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Neogen Corporation ("Neogen Corporation") (NASDAQ:NEOG) concerning possible violations of federal securities laws.
Neogen admitted on June 4, 2025, that while it still expected its Q4 2025 financial results would be "materially approximate [to] where [the Company] had put [its] guide," it "would expect EBITDA margin to probably be around the high-teens." This margin represents a considerable drop from the previous quarter’s profit margin of 22%. The Company blamed this shortfall on "elevated inventory write-offs."
Following this news, shares of Neogen fell over 17% on the same day. To obtain additional information, go to:
https://zlk.com/pslra-1/neogen-corporation-lawsuit-submission-form?prid=153652&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire
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