NeoGenomics (NEO) Is Down 7.7% After DOJ Settlement On Legacy Agreements – Has The Bull Case Changed?
NeoGenomics recently finalized a civil settlement with the U.S. Department of Justice for nearly $10 million, resolving a compliance overhang after an internal investigation into past agreements. Despite a 7.7% stock drop, the settlement amount is manageable given prior reserves, and the company is …