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QUANEX CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Reminds Investors in Quanex to Contact the Firm Before November 18th Deadline Regarding Filed Class Action
Globenewswire· 2025-10-25 14:55
Core Viewpoint - A class action lawsuit has been filed against Quanex Building Products Corporation for allegedly making materially false and misleading statements regarding its business operations and prospects during the specified class period [3][7]. Allegation Details - The lawsuit claims that Quanex failed to disclose significant underinvestment in tooling and equipment maintenance at its Tyman Mexico facility, leading to degraded conditions [3]. - It is alleged that the company was likely to incur substantial costs due to these issues, which would delay the expected benefits from the Tyman integration [3]. - The complaint asserts that Quanex had previously identified these problems but did not disclose them, rendering its positive statements about the company's operations misleading [3]. Next Steps - Investors who purchased Quanex shares between December 12, 2024, and September 5, 2025, and suffered losses are encouraged to contact the law firm for more information and to discuss their rights [4][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 18, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation across the United States [5].
NX Investors Should Contact Robbins LLP for Information Regarding the Upcoming Lead Plaintiff Deadline in the Quanex Building Products Corporation Class Action
Globenewswire· 2025-10-23 00:57
Core Viewpoint - Quanex Building Products Corporation is facing a class action lawsuit due to alleged operational issues related to the Tyman Acquisition, which were not disclosed to shareholders [1][3]. Summary by Sections Company Overview - Quanex is an international supplier of engineered home components and access solutions for the construction industry, including products like windows, doors, cabinetry, and vinyl [1]. Class Action Details - The class period for the lawsuit is from December 12, 2024, to September 5, 2025 [1]. - The lawsuit was filed on behalf of individuals and entities that purchased or acquired shares of Quanex [1]. Allegations - The complaint alleges that: - The Company's tooling and equipment maintenance procedures at the Tyman Mexico facility were significantly underinvested [3]. - The conditions of tooling and equipment had degraded to near catastrophic levels [3]. - Significant costs were likely to be incurred, delaying the expected benefits from the Tyman integration [3]. - Quanex had previously identified these issues [3]. - Positive statements made by the Company regarding its business and operations were materially misleading [3]. Stock Price Impact - Following the revelation of these issues, Quanex's stock price fell by $2.73, or 13.1%, closing at $18.18 per share on September 5, 2025 [4]. - The stock continued to decline, falling by $1.98, or 10.9%, to close at $16.20 per share on September 8, 2025 [4]. Next Steps for Shareholders - Shareholders may be eligible to participate in the class action and must file their papers by November 18, 2025, if they wish to serve as lead plaintiff [5]. - Shareholders can remain absent class members if they choose not to participate [5].
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Quanex Building Products Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – NX
Globenewswire· 2025-10-22 19:41
NEW YORK, Oct. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Quanex Building Products Corporation (NYSE: NX) between December 12, 2024 and September 5, 2025, both dates inclusive (the “Class Period”), of the important November 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased Quanex securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingenc ...
QUANEX CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Quanex Building Products Corporation and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-21 21:47
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Quanex (NYSE:NX) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Quanex between December 12, 2024 and September 5, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Oct. 21, 2025 (GLOBE NEWSWIRE) -- What’s Happeni ...
Quanex Building Products Appoints Gabriela Garcia as Chief Accounting Officer
Globenewswire· 2025-10-20 20:15
HOUSTON, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) announced the appointment of Gabriela Garcia as Chief Accounting Officer, effective today. In this role, Garcia will lead the Company’s global accounting function and will oversee financial reporting and compliance, internal controls, tax, and accounting policies while driving operational efficiency across the finance function. Scott Zuehlke, Chief Financial Officer and Treasurer, commented, ...
Faruqi & Faruqi Reminds Quanex Building Products Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 18, 2025 - NX
Globenewswire· 2025-10-16 16:28
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Quanex To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Quanex between December 12, 2024 and September 5, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Faruq ...
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Quanex Building Products Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – NX
Globenewswire· 2025-10-15 20:45
NEW YORK, Oct. 15, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Quanex Building Products Corporation (NYSE: NX) between December 12, 2024 and September 5, 2025, both dates inclusive (the “Class Period”), of the important November 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased Quanex securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingenc ...
NX SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Quanex Building Products
Prnewswire· 2025-10-10 00:10
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quanex Building Products Corporation due to alleged violations of federal securities laws, particularly concerning misleading statements about the company's operational issues and financial performance [1][3]. Summary by Sections Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in Quanex between December 12, 2024, and September 5, 2025, to discuss their legal options [1]. - The firm has set a deadline of November 18, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Quanex [1]. Allegations Against Quanex - The complaint alleges that Quanex and its executives made false or misleading statements regarding the maintenance of tooling and equipment at the Tyman Mexico facility, which were significantly underinvested [3]. - It is claimed that the conditions of the tooling and equipment had degraded to near catastrophic levels, leading to significant costs and delays in expected benefits from the Tyman integration [3]. Financial Performance - On September 4, 2025, Quanex reported a diluted EPS of ($6.04), a significant decline from $0.77 in the prior year period, and an adjusted EBITDA of $70.30 [4]. - The company acknowledged ongoing operational issues related to the Tyman business in Mexico, which negatively impacted financial results more than anticipated during the third quarter of 2025 [4]. Earnings Call Insights - During the earnings call on September 5, 2025, CEO George Wilson highlighted that operational challenges in the Tyman facility negatively impacted EBITDA by nearly $5 million in the third quarter [5]. - Wilson noted that the issues were identified midyear and that the systems for anticipating and planning tooling repairs were severely deficient, indicating a state of underinvestment [5]. Stock Market Reaction - Following the earnings announcement, Quanex's stock price fell by $2.73, or 13.1%, closing at $18.18 per share on September 5, 2025, with unusually high trading volume [5]. - The stock continued to decline, dropping an additional $1.98, or 10.9%, to close at $16.20 per share on September 8, 2025, also on unusually heavy trading volume [5].
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Quanex Building Products Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – NX
Globenewswire· 2025-10-09 22:46
NEW YORK, Oct. 09, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Quanex Building Products Corporation (NYSE: NX) between December 12, 2024 and September 5, 2025, both dates inclusive (the “Class Period”), of the important November 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased Quanex securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingenc ...
NX DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Quanex Building Products
Globenewswire· 2025-10-08 14:50
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Quanex To Contact Him Directly To Discuss Their Options If you suffered losses in Quanex between December 12, 2024 and September 5, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, ...