Workflow
BREAKING: Quanex Building Products Sued For Securities Fraud; Investors Should Contact Block & Leviton to Potentially Recover Losses

Core Viewpoint - A securities fraud lawsuit has been filed against Quanex Building Products Corporation and certain executives following disappointing financial results and allegations of misleading investors regarding operational issues at its Tyman facility [1][2][3]. Financial Performance - On September 4, 2025, Quanex reported a diluted EPS of ($6.04), a significant decline from $0.77 in the same quarter the previous year, attributed to ongoing operational issues at the Tyman hardware facility in Mexico [2]. - The company's stock price fell over 23% in two trading days following the earnings announcement [2]. Allegations - The lawsuit claims that Quanex misled investors by not disclosing the poor condition of the Tyman facility, the associated risks, and the negative impact on expected cost savings and integration benefits [3]. Eligibility for Lawsuit - Investors who purchased Quanex common stock between December 12, 2024, and September 5, 2025, and experienced a decline in share value may be eligible to participate in the lawsuit [4]. Next Steps for Investors - The deadline to seek appointment as lead plaintiff is November 18, 2025, and a class has not yet been certified [5]. Whistleblower Information - Individuals with non-public information about Quanex are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [6]. Firm Background - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].