NEW YORK, NY — October 12, 2025 — Pomerantz LLP announced the filing of a class action lawsuit against Quanex Building Products Corporation (NYSE: NX), alleging potential securities fraud and other unlawful business practices involving certain officers and directors of the company. Investors who purchased Quanex securities during the relevant class period are encouraged to contact Danielle Peyton at newaction@pomlaw.com or call 646-581-9980 (toll-free 888.4-POMLAW, Ext. 7980) to discuss joining the action.
"Investors have until November 18, 2025, to ask the Court to appoint them as Lead Plaintiff for the class," the firm stated. A copy of the complaint can be obtained at www.pomerantzlaw.com.
The lawsuit follows Quanex’s financial disclosure for Q3 of fiscal year 2025. On September 4, 2025, after the market closed, the company revealed that operational issues at its legacy Tyman window and door hardware business in Mexico had impacted results more than expected. Quanex further stated it was adjusting for lower volumes and delaying the realization of procurement savings from the Tyman integration.
During a September 5 earnings call, CEO George Wilson elaborated on the situation:
"The operational challenges at Tyman negatively impacted EBITDA in the Hardware Solutions segment by almost $5 million in the third quarter alone," Wilson said. He also noted that the problem had been identified midyear and described the systems used to anticipate and plan for tooling repairs as significantly deficient.
Following the disclosure, Quanex’s stock dropped $2.73 per share, or 13.06%, closing at $18.18 on September 5, 2025.
Pomerantz LLP, founded by the late Abraham L. Pomerantz — considered the dean of the class action bar — has offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv. The firm is recognized as a leading expert in corporate, securities, and antitrust class litigation, having recovered numerous multimillion-dollar awards for investors affected by securities fraud, breaches of fiduciary duty, and corporate misconduct.
"Pomerantz continues to fight for the rights of victims of corporate misconduct, building on over 85 years of legal precedent in class actions," the firm said.
Key Takeaways
- The lawsuit targets Quanex and certain officers/directors for alleged securities fraud.
- Issues stem from operational challenges at Tyman hardware business in Mexico, affecting Q3 2025 earnings.
- The stock reacted sharply, falling 13% immediately after disclosure.
- Investors have until Nov. 18, 2025, to seek Lead Plaintiff status.
- Pomerantz LLP is internationally recognized for securities class action litigation.
Originally reported by Access Wire in CBS 42 News.
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