NEOG Investor Alert: Levi & Korsinsky Investigates Neogen Corporation (NEOG) For Potential Securities Fraud

NEW YORK CITY, NY / ACCESS Newswire / September 30, 2026 / Levi & Korsinsky notifies investors that it has commenced an investigation into Neogen Corporation ("Neogen Corporation") (NASDAQ:NEOG) concerning potential violations of the federal securities laws.

Neogen Corporation shareholders lost money when the stock fell roughly 7.2% after FDA action concerning the recalled Neogen Vet product HYCOAT, which was linked to fungal contamination, nearly 100 affected horses, and at least 20 horse deaths. Previously, on July 30, 2026, during the fourth quarter fiscal 2026 earnings call, Chief Executive Officer Mikhael Nassif stated that the Company had "resolved prior supply and quality challenges and significantly improved service levels." Additionally, in its third quarter fiscal 2026 earnings release on April 9, 2026, the Company reported that its Animal Safety segment revenue decreased to $54.5 million, attributing the decline to "third-party supplier issues." During the corresponding earnings call, Mikhael Nassif stated that these issues stemmed "primarily from disruptions at our third-party suppliers." Earlier, on July 30, 2024, Chief Executive Officer John Adent stated that "channel inventory levels and end user demand for our product categories remain roughly stable compared to the prior quarter." The investigation concerns whether Neogen Corporation adequately disclosed the contamination, horse deaths, and regulatory risks associated with its HYCOAT product ahead of the FDA warning action.

If you suffered a loss on your Neogen Corporation securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

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, 27th Floor

New York, NY 10004

[email protected]

Tel: (212)363-7500

Fax: (212)363-7171

SOURCE: Levi & Korsinsky, LLP