Quanex Building Products (US:NX) Newsfile·2025-11-14 22:56Core Viewpoint - Rosen Law Firm is encouraging investors of Quanex Building Products Corporation to secure legal counsel before the November 18, 2025 deadline related to a securities class action lawsuit [2]. Group 1: Class Action Details - The class action pertains to investors who purchased Quanex securities between December 12, 2024, and September 5, 2025, inclusive [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 - Investors are advised to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience [5]. - Rosen Law Firm has a history of significant settlements, including the largest securities class action settlement against a Chinese company [5]. - The 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 significantly 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 Quanex had previously identified these issues, making the positive statements about its business materially misleading [6].