NX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Quanex Building Products Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
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NEW YORK, Sept. 22, 2025 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Quanex Building Products Corporation ("Quanex" or "the Company") (NYSE: NX) and certain of its officers.
Class Definition
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Quanex securities between December 12, 2024 and September 5, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/NX.
Case Details
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors: (1) the Company's procedures and policies regarding tooling and equipment maintenance in its Tyman Mexico facility were significantly "underinvested"; (2) as a result, the Company's tooling and equipment conditions had significantly degraded to near "catastrophic" levels; (3) that, as a result of the foregoing, the Company was likely to incur significant costs, "pushing out the timing" of expected benefits from the Tyman integration; (4) that Quanex had previously identified the foregoing issues; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What's Next?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/NX. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Quanex you have until November 18, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC
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Nachrichten zu Quanex Building Products Corp
Analysen zu Quanex Building Products Corp
Datum | Rating | Analyst | |
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15.03.2019 | Quanex Building Products Buy | Seaport Global Securities | |
19.07.2017 | Quanex Building Products Outperform | Wedbush Morgan Securities Inc. | |
08.03.2017 | Quanex Building Products Outperform | Wedbush Morgan Securities Inc. |
Datum | Rating | Analyst | |
---|---|---|---|
15.03.2019 | Quanex Building Products Buy | Seaport Global Securities | |
19.07.2017 | Quanex Building Products Outperform | Wedbush Morgan Securities Inc. | |
08.03.2017 | Quanex Building Products Outperform | Wedbush Morgan Securities Inc. |
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