Nextracker, Inc. (NASDAQ:NXT) - Grabar Law Office is investigating claims on behalf of long-term shareholders regarding potential breaches of fiduciary duties by certain officers of Nextracker [1] - A securities fraud class action complaint alleges that Nextracker failed to disclose severe impacts of project delays on its business and financial results, including permitting and interconnection delays that impaired revenue conversion [3] - The complaint also claims that Nextracker could not offset negative impacts from project delays through increased client demand as previously represented [3] Driven Brands Holdings, Inc. (NASDAQ:DRVN) - Grabar Law Office is investigating claims on behalf of long-term shareholders concerning potential breaches of fiduciary duties by certain officers of Driven Brands [5] - A securities fraud class action complaint alleges that Driven Brands made materially false statements regarding its ability to integrate acquired businesses and the performance of its car wash segment [7] Extreme Networks, Inc. (NASDAQ:EXTR) - Grabar Law Office is investigating claims on behalf of shareholders regarding potential breaches of fiduciary duties by certain officers of Extreme Networks [9] - A securities fraud class action complaint alleges that Extreme Networks made false statements about adverse client demand trends and the status of its backlog, which was decreasing faster than represented [10] MGP Ingredients, Inc. (NASDAQ:MGPI) - Grabar Law Office is investigating claims on behalf of shareholders concerning potential breaches of fiduciary duties by certain officers of MGP Ingredients [12] - A securities fraud class action complaint alleges that MGP Ingredients made misleading statements about strong demand and inventory levels, while there was actually a slowdown in consumption and oversupply [14]
Grabar Law Office is Investigating Claims on Behalf of Long-Term Shareholders of Nextracker, Inc. (NASDAQ: NXT); Driven Brands Holdings, Inc. (NASDAQ: DRVN); Extreme Networks, Inc. (NASDAQ: EXTR); and MGP Ingredients, Inc. (NASDAQ: MGPI)