Nextracker Inc. (NXT) Investors: February 25, 2025 application deadline for Share Class Securities
RADNOR, PENNSYLVANIA – (Newsfile Corp. – January 25, 2025) – The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that Nextracker Inc . (“Nextracker”) (NASDAQ: NXT ) securities class action filed on behalf of those who purchased or otherwise acquired Nextracker common stock between February 1, 2024 and August 1, 2024, inclusive (the “Class Period”). The lead prosecutor’s deadline is February 25, 2025.
Contact Kessler Topaz Meltzer & Check, LLP:
If you have suffered Nextracker losses, you can Click here or copy and paste the following into your browser: https://www.ktmc.com/new-cases/nextracker-inc?utm_campaign=nxt&mktm=r
You can also contact a lawyer Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com.
Alleged violation of the defendant:
The complaint alleges that throughout the class the defendants made false and/or misleading statements and/or failed to disclose that: (1) the impact of the project delay on Nextracker’s business, financial results and prospects was far more severe than investors had represented ; (2) allowing the delay and interconnection materially impaired Nextracker’s ability to convert the backlog into revenue at historical conversion rates; (3) Nextracker was unable to offset the adverse impact of project delays through increased client demand and the alleged ability to withdraw its other projects in the manner represented by Defendants; (4) Nextracker did not possess the competitive advantages that allegedly protected it from industry-wide headwinds or the ability to effectively offset the adverse effects of the project delays as alleged by Defendants; and (5) therefore, Defendants lacked a reasonable basis for their positive statements about Nextracker’s business, financial results and prospects.
Please Click here To watch our video or copy and paste this link into your browser: https://youtu.be/bnpout95ldu
The process of the main prosecutor:
Nextracker investors can, no later than February 25, 2025, You are seeking to be appointed as lead class representative plaintiff through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. The lead plaintiff is the representative party acting on behalf of all class members in directing the litigation. The lead plaintiff is usually an investor or a small group of investors who have the greatest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the classes, and those attorneys, if approved by the Court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision to serve as lead plaintiff or not.
Kessler Topaz Meltzer & Check, LLP encourages Nextracker investors who have suffered significant losses to contact the company directly for more information.
Click here To apply for a case or go to: https://www.ktmc.com/new-cases/nextracker-inc?utm_campaign=nxt&mktm=r
About Kessler Topaz Meltzer & Check, LLP:
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts nationwide and around the world. The company has developed a global reputation for excellence and has won billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by companies and fiduciaries. No objection was filed in this action by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Chec, LLP, visit www.ktmc.com.
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