Quanex Building Products (US:NX) Globenewswire·2025-09-23 23:46Core Viewpoint - A class action lawsuit has been filed against Quanex Building Products Corporation for misleading statements regarding its operations and maintenance practices, potentially impacting investors who purchased securities during the specified Class Period [1][5]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of purchasers of Quanex securities between December 12, 2024, and September 5, 2025 [1]. - Allegations include that Quanex's maintenance procedures were significantly underinvested, leading to degraded tooling and equipment conditions [5]. - The lawsuit claims that these issues were known to Quanex, and the positive statements made by the company were materially misleading [5]. Group 2: Investor Information - Investors who purchased Quanex securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4]. - The firm has been recognized for its leadership in securities class action settlements and has a history of successful outcomes for its clients [4].