NLRB Withdraws Unfair Labor Practices Claim Against Neogen®
Neogen (NASDAQ: NEOG) announced that the National Labor Relations Board (NLRB) has withdrawn its unfair labor practices claim against the company following a mutual agreement, with no admission of wrongdoing by Neogen.
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Rhea-AI Summary
Neogen (NASDAQ: NEOG) announced that the National Labor Relations Board (NLRB) has withdrawn its unfair labor practices claim against the company following a mutual agreement, with no admission of wrongdoing by Neogen.
The company's Lansing warehouse shipping clerks and material handling employees will soon participate in a unionization election. Amy Rocklin, Chief Legal and Compliance Officer, emphasized the company's commitment to maintaining a supportive workplace environment and respecting employee rights throughout the election process.
Positive
- Resolution of NLRB claim without admission of wrongdoing
Negative
- Potential unionization of warehouse workers could impact labor costs
- Existence of labor relations issues suggests workplace challenges
Details
News Market Reaction – NEOG
The recorded move for NEOG in the trading session of this news was -0.96%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
In the coming weeks, Lansing warehouse shipping clerks and material handling employees will have the opportunity to vote in an election to determine whether they wish to unionize.
"At Neogen, we are dedicated to fostering a supportive and equitable workplace where employees feel valued and heard," said Amy Rocklin, Chief Legal and Compliance Officer. "We respect our employees' rights and we prioritize a positive work environment. Neogen remains committed to supporting our employees throughout this process and will continue to comply fully with all legal obligations related to the election."
About Neogen
Neogen Corporation is committed to fueling a brighter future for global food security through the advancement of human and animal well-being. Harnessing the power of science and technology, Neogen has developed comprehensive solutions spanning the Food Safety, Livestock, and Pet Health & Wellness markets. A world leader in these fields, Neogen has a presence in over 140 countries with a dedicated network of scientists and technical experts focused on delivering optimized products and technology for its customers.
Contact
PR@Neogen.com
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SOURCE Neogen Corporation
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