ROSEN, Global Investors Advisory, Nextracker, Inc. Investors are encouraged to wait for advice before the necessary time frame in a Securities Division action.
NEW YORK, NY–(The News File Corporation – January 18, 2025) – why: Rosen Law Firm, a global investor rights law firm, is reminding buyers of Nextracker Inc. (NASDAQ: NXT ) common stock between February 1, 2024 and August 1, 2024, both dates inclusive (the “Class Period”). February 25, 2025 lead plaintiff deadline.
So what? If you purchase Nextracker common stock during the Class Period, you may be entitled to compensation through a contingent payment arrangement without paying any out-of-pocket fees or expenses.
What to do next: To join a Nextracker class action, go to or call Philip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for class action information. A class action lawsuit has already been filed. If you want to serve as a lead plaintiff, you have to move Court no later than February 25, 2025. A lead plaintiff is a representative party who conducts litigation on behalf of other class members.
Why the Rose Rule? We encourage investors to select a qualified advisor with a track record of success in a leadership role. Oftentimes, the organizations that issue the ads don’t have comparable experience, resources, or any meaningful peer recognition. Most of these firms do not litigate securities class actions but are intermediaries who refer clients or litigate cases with law firms. Be wise when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder derivative litigation. The Rosen Law Firm settled the largest securities class action against a Chinese company at the time. Rosen Law Firm is rated Class 1 by ISS Securities. Action (WA:) Services in 2017 for the securities division of the action settlement number. The firm has been ranked in the top 4 every year since 2013 and has returned hundreds of millions of dollars to investors. In the year In 2019 alone, the company raised over $438 million for investors. In the year In 2020, founding partner Lawrence Rosen was named a Titan of the Plaintiffs Bar by Law360. Many of the firm’s lawyers are accredited by Laudragon and Super Lawyers.
Details of the case:- According to the lawsuit, during the class period, defendants made false and misleading statements and/or failed to disclose that: (1) the impact of project delays on Nextracker’s business, financial results and prospects was more severe than represented to investors; (2) licensing and communications delays materially impaired Nextracker’s ability to convert backlog into revenue at historical conversion rates; (3) Nextracker was unable to offset the adverse effects of project delays through increased customer demand and its ability to pursue other projects on behalf of defendants; (4) Nextracker does not possess competitive advantages that protect against industry-wide headwinds or the ability to successfully offset the adverse effects of project delays as defendants claim; and (5) as a result of the foregoing, Defendants lost sufficient grounds for their positive statements about Nextracker’s business, financial results and prospects. Investors were harmed, the lawsuit says, when the correct listings entered the market.
To join a Nextracker class action, go to or call Philip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for class action information.
No class confirmed. Unless a unit is confirmed, you will not be represented by a consultant unless you have booked one. You can choose the advice of your choice. You can also remain a member of a class you are not in and do nothing at this point. An investor’s ability to participate in any future recovery is not dependent on serving as a lead plaintiff.
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Notice of attorney. Previous results do not guarantee the same result.
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