Newsfileยท2025-11-11 20:33Core Viewpoint - Rosen Law Firm is urging investors of Quanex Building Products Corporation to take action before the November 18, 2025 deadline related to a securities class action lawsuit [2][4] Group 1: Class Action Details - The class action pertains to investors who purchased Quanex securities between December 12, 2024, and September 5, 2025 [2] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3] - A lead plaintiff must be appointed by November 18, 2025, to represent other class members in the litigation [4] Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions [5] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company [5] - Rosen Law Firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions for investors [5] Group 3: Case Allegations - The lawsuit alleges that Quanex made false and misleading statements regarding its tooling and equipment maintenance policies, which were underinvested [6] - It is claimed that the conditions of the tooling and equipment had degraded to near catastrophic levels, leading to significant costs and delays in expected benefits from the Tyman integration [6] - The lawsuit asserts that the positive statements made by Quanex about its business operations were materially misleading [6]