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Quanex Building Products Corporation (NX) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-26 19:19
Core Viewpoint - Investors in Quanex Building Products Corporation have the opportunity to lead a securities fraud class action lawsuit due to substantial losses incurred as a result of undisclosed operational issues [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from December 12, 2024, to September 5, 2025, the defendants failed to disclose significant underinvestment in tooling and equipment maintenance at the Tyman Mexico facility [3]. - It is claimed that the conditions of the tooling and equipment had degraded to near catastrophic levels, which would likely incur significant costs and delay expected benefits from the Tyman integration [3]. - The complaint also states that Quanex had previously identified these issues, making the defendants' positive statements about the company's business and prospects materially misleading [3]. Investor Participation - Investors who suffered losses in Quanex Building Products Corporation are encouraged to contact the Law Offices of Howard G. Smith before November 18, 2025, to participate in the ongoing lawsuit [2][4]. - Participation does not require immediate action; investors may choose to retain counsel or remain absent from the class action [5].
DEADLINE ALERT for CYTK, NX, JSPR, and KBR: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
Globenewswire· 2025-09-26 16:05
LOS ANGELES, Sept. 26, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.  Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. Cyt ...
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Quanex Building Products Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – NX
Globenewswire· 2025-09-26 14:16
Group 1 - A class action lawsuit has been filed on behalf of purchasers of securities of Quanex Building Products Corporation (NYSE: NX) for the period between December 12, 2024, and September 5, 2025 [1] - Investors who purchased Quanex securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - The Rosen Law Firm has a strong track record in securities class actions, having recovered hundreds of millions of dollars for investors and being ranked highly for its settlements [4] Group 2 - The lawsuit alleges that Quanex made false and misleading statements regarding its tooling and equipment maintenance procedures, which were significantly underinvested [5] - It is claimed that the conditions of Quanex's tooling and equipment had degraded to near catastrophic levels, leading to significant costs and delays in expected benefits from the Tyman integration [5] - The lawsuit asserts that Quanex had previously identified these issues, and the positive statements made by the defendants about the company's business and prospects were materially misleading [5]
Quanex Building Products Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - NX
Prnewswire· 2025-09-25 20:47
Accessibility StatementSkip Navigation Join the case to recover your losses. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. LOS ANGELES, Sept. 25, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Quanex Building Products Corporation ("Quanex " or "the Company") (NYSE: NX ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by t ...
Deadline Alert: Quanex Building Products Corporation (NX) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-09-25 17:10
Core Viewpoint - Quanex Building Products Corporation is facing a class action lawsuit due to significant operational issues in its Tyman facility in Mexico, which have adversely affected its financial performance and misled investors about the company's operational health [1][4]. Financial Performance - For Q3 2025, Quanex reported a diluted EPS of ($6.04), a significant decline from $0.77 in the same period the previous year [2]. - The adjusted EBITDA for the same quarter was reported at $70.30 million [2]. - The operational challenges in the Tyman facility negatively impacted EBITDA in the Hardware Solutions segment by almost $5 million during Q3 2025 [3]. Stock Market Reaction - Following the announcement of the financial results, Quanex's stock price fell by $2.73, or 13.1%, closing at $18.18 per share on September 5, 2025 [3]. - The stock continued to decline, dropping an additional $1.98, or 10.9%, to close at $16.20 per share on September 8, 2025 [3]. Lawsuit Details - The class action lawsuit alleges that the company made materially false and misleading statements regarding its business operations and failed to disclose significant operational issues in the Tyman facility [4]. - Specific allegations include underinvestment in tooling and equipment maintenance, leading to degraded conditions and increased costs, which were not communicated to investors [4]. Legal Action Timeline - Investors who purchased Quanex securities during the class period (December 12, 2024, to September 5, 2025) have until November 18, 2025, to file a lead plaintiff motion in the class action lawsuit [1][5].
Faruqi & Faruqi Reminds Quanex Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 18, 2025 - NX
Globenewswire· 2025-09-25 16:05
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quanex Building Products Corporation due to alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status by November 18, 2025 [4][10]. Group 1: Allegations Against Quanex - The complaint alleges that Quanex and its executives made false or misleading statements and failed to disclose significant underinvestment in tooling and equipment maintenance at its Tyman Mexico facility [6]. - 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 [6]. - The complaint also states that Quanex had previously identified these issues, which rendered the company's positive statements about its business and operations materially misleading [6]. Group 2: Financial Impact - 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 [7]. - The company disclosed ongoing operational issues related to the Tyman business that impacted results more than expected during the third quarter of 2025 [7]. - During an earnings call on September 5, 2025, CEO George Wilson noted that operational challenges negatively impacted EBITDA in the Hardware Solutions segment by almost $5 million in the third quarter alone [8]. Group 3: Stock Price Reaction - Following the announcement of the financial results and operational issues, Quanex's stock price fell by $2.73, or 13.1%, closing at $18.18 per share on September 5, 2025, with unusually heavy trading volume [8]. - The stock continued to decline, falling by $1.98 or 10.9% to close at $16.20 per share on September 8, 2025, also on unusually heavy trading volume [9].
Deadline Approaching: Quanex Building Products Corporation (NX) Investors Who Lost Money Urged to Contact Law Offices of Howard G. Smith
Businesswire· 2025-09-24 17:41
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming November 18, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Quanex Building Products Corporation ("Quanex†or the "Company†) (NYSE: NX) securities between December 12, 2024 and September 5, 2025, inclusive (the "Class Period†). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN QUANEX BUILDING PRODUCTS CORPORATION (NX), CONTACT THE LAW OFFICES OF HOWA. ...
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Quanex Building Products Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – NX
Globenewswire· 2025-09-23 23:46
Core Viewpoint - A class action lawsuit has been filed against Quanex Building Products Corporation for misleading statements regarding its operations and maintenance practices, potentially impacting investors who purchased securities during the specified Class Period [1][5]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of purchasers of Quanex securities between December 12, 2024, and September 5, 2025 [1]. - Allegations include that Quanex's maintenance procedures were significantly underinvested, leading to degraded tooling and equipment conditions [5]. - The lawsuit claims that these issues were known to Quanex, and the positive statements made by the company were materially misleading [5]. Group 2: Investor Information - Investors who purchased Quanex securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4]. - The firm has been recognized for its leadership in securities class action settlements and has a history of successful outcomes for its clients [4].
Quanex Building Products: Integration Year, Execution Ahead (NYSE:NX)
Seeking Alpha· 2025-09-23 18:52
Core Insights - The article emphasizes a long-term investment philosophy focused on fundamental analysis, targeting companies with strong competitive advantages and consistent free cash flow growth [1]. Group 1: Investment Philosophy - The investment approach is centered on identifying undervalued stocks with growth potential and avoiding overvalued stocks [1]. - The analyst believes in the power of long-term investing over short-term trading tactics, which has proven effective in navigating market complexities [1]. Group 2: Professional Background - The analyst has a background in business and economics, providing a solid foundation for investment analysis [1]. - Currently, the analyst is associated with a local brokerage firm and contributes to Seeking Alpha, aiming to share deep analytical insights with the investment community [1].
Deadline Alert: Quanex Building Products Corporation (NX) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-09-23 16:35
Group 1 - The article highlights the upcoming deadline of November 18, 2025, for investors to file a lead plaintiff motion in a class action lawsuit related to Quanex Building Products Corporation [1] - The class action is on behalf of investors who purchased or acquired Quanex securities between December 12, 2024, and September 5, 2025, indicating a specific class period for the claims [1] - The notice serves as a reminder for investors who suffered losses on their Quanex investments to inquire about potential actions [1]