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].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Quanex Building Products Corporation during the specified Class Period of the upcoming lead plaintiff deadline on November 18, 2025 [1]. Group 1: Class Action Details - Investors who purchased Quanex securities between December 12, 2024, and September 5, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting the law firm or visiting their website [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by November 18, 2025 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting their own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that Quanex made false and misleading statements regarding its tooling and equipment maintenance policies, which were significantly underinvested [5]. - 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 [5]. - The lawsuit asserts that Quanex had previously identified these issues, and the positive statements made by the defendants were materially misleading [5].

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 in a class action lawsuit by November 18, 2025 [3][5]. 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 [5]. - It is claimed that the conditions of the tooling and equipment had degraded to near catastrophic levels, leading to expected delays in realizing benefits from the Tyman integration [5]. - The complaint also states that Quanex had previously identified these issues, and the positive statements made by the defendants regarding the company's operations were materially misleading [5]. Group 2: Financial Impact - On September 4, 2025, Quanex reported a diluted EPS of ($6.04), a significant decline from $0.77 in the same period the previous year, and an adjusted EBITDA of $70.30 [6]. - The company disclosed ongoing operational issues related to the Tyman business that impacted results more than expected during the third quarter of 2025 [6]. - During an earnings call on September 5, 2025, CEO George Wilson indicated that operational challenges negatively impacted EBITDA in the Hardware Solutions segment by almost $5 million in the third quarter alone [7]. 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 [7]. - 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 [8].

Core Viewpoint - A class action lawsuit has been filed against Quanex Building Products Corporation for failing to disclose significant operational issues related to its Tyman acquisition, which led to a substantial decline in stock price when the information was revealed [2][3]. Group 1: Allegations and Issues - The lawsuit alleges that Quanex's maintenance procedures and policies at its Tyman Mexico facility were significantly underinvested, leading to degraded tooling and equipment conditions [2]. - It is claimed that these operational issues were previously identified by the company but not disclosed, resulting in misleading positive statements about its business and prospects [2]. Group 2: Stock Price Impact - Following the revelation of these issues, Quanex's stock price dropped by $2.73, or 13.1%, closing at $18.18 per share on September 5, 2025 [3]. - The stock continued to decline, falling an additional $1.98, or 10.9%, to close at $16.20 per share on September 8, 2025 [3]. Group 3: Class Action Participation - Shareholders may be eligible to participate in the class action, with a deadline to file as lead plaintiff by November 18, 2025 [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4].

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 [4][6]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Quanex between December 12, 2024, and September 5, 2025, to discuss their legal rights [1]. - There is a deadline of November 18, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Quanex [4]. Group 2: Allegations Against Quanex - The complaint alleges that Quanex's procedures regarding tooling and equipment maintenance in its Tyman Mexico facility were significantly underinvested, leading to degraded conditions [6]. - The company reportedly failed to disclose that these operational issues would incur significant costs and delay expected benefits from the Tyman integration [6]. Group 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 [7]. - The CEO indicated that operational challenges in the Tyman facility negatively impacted EBITDA by almost $5 million in the third quarter of 2025 [8]. - Following the announcement of these financial results, Quanex's stock price fell by $2.73 (13.1%) to close at $18.18 per share on September 5, 2025, with continued decline on subsequent trading days [8][9].

Core Viewpoint - Quanex Building Products Corporation is facing a class action lawsuit due to alleged corporate wrongdoing during the specified class period, which may impact investor confidence and stock performance [1][2]. Financial Performance - On September 4, 2025, Quanex reported non-GAAP earnings per share of $0.69 for Q3 2025, which was $0.15 below consensus estimates [3]. - Following the earnings announcement, Quanex's stock price dropped by $2.73, or 13.06%, closing at $18.18 per share on September 5, 2025 [3]. Challenges Faced - The CEO of Quanex highlighted significant operational challenges, including the need to re-segment the business, macroeconomic uncertainty, low consumer confidence, and issues related to the legacy Tyman window and door hardware business in Mexico [3].

Core Viewpoint - Class action lawsuits have been filed on behalf of shareholders of several publicly-traded companies, with specific allegations of misleading statements and undisclosed issues affecting their business operations and financial prospects [1]. Quanex Building Products Corporation (NYSE: NX) - Class Period: December 12, 2024 – September 5, 2025 - Allegations include significant underinvestment in tooling and equipment maintenance, leading to degraded conditions and potential significant costs that could delay expected benefits from integration efforts [2]. Jasper Therapeutics, Inc. (NASDAQ: JSPR) - Class Period: November 30, 2023 – July 3, 2025 - Allegations focus on the lack of necessary controls for third-party manufacturers, increasing risks to clinical trial results and overstating the company's financial and product prospects [3]. KBR, Inc. (NYSE: KBR) - Class Period: May 6, 2025 – June 19, 2025 - Allegations state that the company misrepresented the status of its partnership with TRANSCOM, despite known concerns regarding contract fulfillment, leading to misleading statements about business operations [4]. RCI Hospitality Holdings, Inc. (NASDAQ: RICK) - Class Period: December 15, 2021 – September 16, 2025 - Allegations include engagement in tax fraud and bribery to cover up these actions, resulting in understated legal risks and misleading statements about the company's business and operations [5].

Core Viewpoint - A class action lawsuit has been filed against Quanex Building Products Corporation, indicating potential legal challenges for the company [1] Group 1 - The lawsuit is being handled by Pomerantz LLP, a law firm specializing in class action cases [1] - Investors are encouraged to contact the law firm for more information regarding the lawsuit [1]

Core Viewpoint - Investors in Quanex Building Products Corporation have the opportunity to lead a securities fraud class action lawsuit due to undisclosed issues regarding the company's tooling and equipment maintenance, which have significantly impacted its operations and financial outlook [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 that the maintenance procedures for tooling and equipment at the Tyman Mexico facility were significantly underinvested [2] - 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 [2] - The complaint also states that Quanex had previously identified these issues, and the defendants' positive statements about the company's business and prospects were materially misleading [2] Participation Information - Investors who suffered losses on their Quanex investments are encouraged to participate in the class action lawsuit, with a lead plaintiff deadline set for November 18, 2025 [2] - Interested parties can contact Glancy Prongay & Murray LLP for more information regarding participation in the lawsuit [3][4]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Quanex Building Products Corporation during the specified Class Period of the upcoming lead plaintiff deadline on November 18, 2025 [1] Group 1: Class Action Details - Investors who purchased Quanex securities between December 12, 2024, and September 5, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6] - To serve as lead plaintiff, individuals must file a motion with the Court by November 18, 2025 [3] Group 2: Case Background - The lawsuit alleges that Quanex made false and misleading statements regarding its tooling and equipment maintenance policies, which were significantly underinvested [5] - 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 [5] - The lawsuit asserts that Quanex had previously identified these issues, and the positive statements made by the defendants about the company's business were materially misleading [5] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [4] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements [4] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4]