SAN DIEGO, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers of Nextracker Inc. (NASDAQ: NXT) common stock between February 1, 2024 and August 1, 2024, all 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 Nextracker’s exec ...

Core Viewpoint - Nextracker Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 1, 2024, and August 1, 2024 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Nextracker's management made false statements regarding the severity of project delays affecting the company's business and financial results [2]. - It is alleged that permitting and interconnection delays significantly impaired Nextracker's ability to convert backlog into revenue at historical rates [2]. - The complaint states that Nextracker could not offset the negative impacts of project delays through increased client demand or by pulling forward other projects as claimed [2]. - The company purportedly lacked the competitive advantages that were said to protect it from industry-wide challenges, undermining the positive statements made by management [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until February 25, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees, indicating a no-cost participation model [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, highlighting its expertise in complex securities cases [4].

NEW YORK, Feb. 13, 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- ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Nextracker Inc. regarding a class action lawsuit due to alleged misleading statements and omissions related to project delays impacting the company's financial performance and prospects [1]. Group 1: Allegations Against Nextracker Inc. - The complaint alleges that Nextracker's management made materially false and misleading statements about the severity of project delays affecting the company's business and financial results [1]. - It is claimed that permitting and interconnection delays significantly impaired Nextracker's ability to convert backlog into revenue at historical rates [1]. - The company purportedly failed to offset the negative impacts of project delays through increased client demand or by pulling forward other projects as previously claimed [1]. - Nextracker is alleged to lack the competitive advantages that were said to protect it from industry-wide challenges, undermining the positive statements made by its management [1]. - As a result of these issues, the defendants are said to have lacked a reasonable basis for their optimistic statements regarding Nextracker's business and financial outlook [1]. Group 2: Class Action Participation - Shareholders who purchased Nextracker shares during the class period from February 1, 2024, to August 1, 2024, are encouraged to register for the class action by February 25, 2025 [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. - Participation in the case does not incur any costs or obligations for the shareholders [2]. Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- 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-submis ...

NEW YORK, Feb. 10, 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- ...

RADNOR, Pa., Feb. 10, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Nextracker Inc. ("Nextracker") (NASDAQ: NXT) on behalf of those who purchased or otherwise acquired Nextracker common stock between February 1, 2024, and August 1, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is February 25, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:     If you suffered Nextrac ...

Shares of Nextracker (NXT) have gained 12.2% over the past four weeks to close the last trading session at $46.12, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $57.78 indicates a potential upside of 25.3%.The average comprises 27 short-term price targets ranging from a low of $45 to a high of $69, with a standard deviation of $6.19. While the lowest estimate indicates a decli ...

NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Nextracker Inc. (NASDAQ: NXT) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Nextracker, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/nextracker-inc. Investors have until February 25, 2025, to ask the Court to be appointed to ...

NEW YORK, Feb. 10, 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=127842&from=4CLASS PERIOD: February 1, 2024 to Augu ...