Quanex Building Products (US:NX) Prnewswireยท2025-09-25 20:47Core Viewpoint - A class action lawsuit has been filed against Quanex Building Products Corporation for alleged violations of securities laws, specifically related to misleading statements about the condition of its equipment and the financial implications of necessary repairs [1][2]. Company Summary - The lawsuit claims that Quanex made false and misleading statements regarding its operational capabilities, particularly concerning the maintenance of equipment at its Tyman Mexico facility [2]. - The company is accused of failing to maintain its equipment properly, which has led to the need for expensive repairs that contradict previous claims about integration benefits [2]. - The class period for the lawsuit is defined as December 12, 2024, to September 5, 2025, with a deadline for lead plaintiff appointments set for November 18, 2025 [2]. Investor Information - Shareholders who purchased shares during the specified class period are encouraged to contact the DJS Law Group for potential lead plaintiff appointments, although this is not a requirement for participation in any recovery [2][3]. - Once registered, shareholders will receive updates through a portfolio monitoring software at no cost [3].