SAN DIEGO, Jan. 24, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Nextracker Inc. (NASDAQ: NXT) common stock between February 1, 2024 and August 1, 2024, both dates inclusive (the "Class Period"), have until Tuesday, February 25, 2025 to seek appointment as lead plaintiff of the Nextracker class action lawsuit. Captioned Weber v. Nextracker Inc., No. 24-cv-09467 (N.D. Cal.), the Nextracker class action lawsuit charges Nextracker as well as certain of Next ...

Core Viewpoint - A securities class action lawsuit has been filed against Nextracker Inc. for allegedly misleading investors regarding the impact of project delays on its business and financial results during the Class Period from February 1, 2024, to August 1, 2024 [1][2]. Allegations Against Defendants - The lawsuit claims that the defendants made false or misleading statements and failed to disclose significant issues, including: - The severity of project delays on Nextracker's business was greater than represented [2]. - Permitting and interconnection delays significantly impaired Nextracker's ability to convert backlog into revenue at historical rates [2]. - Nextracker could not offset the negative impacts from project delays through increased client demand as claimed [2]. - The company lacked the competitive advantages that were purportedly protecting it from industry-wide challenges [2]. - Defendants had no reasonable basis for their positive statements about Nextracker's business prospects [2]. Lead Plaintiff Process - Investors in Nextracker can seek to be appointed as lead plaintiffs by February 25, 2025, which allows them to represent the class in the litigation [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4].

Core Viewpoint - Nextracker, Inc. is facing a class action lawsuit for alleged violations of federal securities laws due to false statements regarding project delays that impacted revenue generation [1][2]. Group 1: Lawsuit Details - The class action lawsuit targets shareholders who purchased Nextracker's securities between February 1, 2024, and August 1, 2024 [1]. - Allegations include that Nextracker misrepresented the severity of project delays, which hindered its ability to convert backlog into revenue [2]. - The company claimed it could mitigate the negative impacts of these delays, which it failed to do [2]. Group 2: Legal Representation - DJS Law Group specializes in securities class actions and aims to enhance investor returns through advocacy [3]. - The firm represents large hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [3].

NEW YORK, Jan. 23, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Nextracker Inc. (NASDAQ: NXT).Shareholders who purchased shares of NXT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/nextracker-inc-loss-submission-form/?id=124347&from=4CLASS PERIOD: February 1, 2024 to Augu ...

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Nextracker Inc. (NASDAQ: NXT) between February 1, 2024 and August 1, 2024, both dates inclusive (the “Class Period”), of the important February 25, 2025 lead plaintiff deadline. SO WHAT: If you purchased Nextracker common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangem ...

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Nextracker Inc. ("Nextracker" or the "Company") (NASDAQ: NXT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Nextracker investors who were adversely affected by alleged securities fraud between February 1, 2024 and August 1, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/nextracker-inc-lawsuit- ...

NEW YORK, Jan. 21, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Nextracker Inc. ("Nextracker" or the "Company") (NASDAQ: NXT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Nextracker and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On August 1, 2024, Nex ...

Nextracker Inc. Is Being Sued For Securities Law Violations And Impacted Investors Are Urged To Contact The Schall Law Firm ...

The market expects Nextracker (NXT) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...

Shareholders that Lost Money on Nextracker Inc. (NXT) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More ...