{"id":813487,"date":"2025-02-14T12:06:47","date_gmt":"2025-02-14T17:06:47","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nextracker-inc-nxt-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-7\/"},"modified":"2025-02-14T12:06:47","modified_gmt":"2025-02-14T17:06:47","slug":"nextracker-inc-nxt-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-7","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nextracker-inc-nxt-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-7\/","title":{"rendered":"Nextracker Inc. (NXT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n BENSALEM, Pa.<\/span>
\n <\/span>, Feb. 14, 2025<\/span><\/span> \/PRNewswire\/ — The Law Offices of Howard G. Smith<\/span><\/a> announces that investors with substantial losses have opportunity to lead the securities fraud<\/span> class action lawsuit against Nextracker Inc. (“Nextracker” or the “Company”) (NASDAQ: NXT<\/a>).<\/p>\n

\n IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN NEXTRACKER INC. (NXT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH\u00a0BEFORE FEBRUARY 25, 2025<\/span> (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD<\/span> LAWSUIT.<\/b>\n <\/p>\n

Contact the Law Offices of Howard G. Smith<\/span> to discuss your legal rights by email at\u00a0howardsmith@howardsmithlaw.com<\/a>, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com<\/a>.<\/p>\n

\n What Is The Lawsuit About?
<\/b>The complaint filed alleges<\/span> that, between February 1, 2024<\/span> and August 1, 2024<\/span>, Defendants failed to disclose to investors: (1) that the impact of project delays on Nextracker’s business, financial results, and prospects was far more severe than represented to investors; (2) that permitting and interconnection delays had materially impaired Nextracker’s ability to convert backlog into revenue at historical conversion rates; (3) that Nextracker had been unable to offset the negative impact from project delays through increased client demand and the purported ability to pull forward its other projects in the manner represented by defendants; (4) that Nextracker did not possess the competitive advantages which purportedly shielded it from industry-wide headwinds or the ability to effectively offset the adverse effects of project delays as claimed by defendants; and (5)\u00a0as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

\n Contact Us To Participate or Learn More: \u00a0<\/b>\n <\/p>\n

If you wish to\u00a0learn more\u00a0about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.<\/span>,
Law Offices of Howard G. Smith<\/span>,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania<\/span> 19020,
Call us at: (215) 638-4847
Email us at: howardsmith@howardsmithlaw.com<\/a>,
Visit our website at: www.howardsmithlaw.com<\/a>.<\/p>\n

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

\n Contact Us: <\/b>\n <\/p>\n

Law Offices of Howard G. Smith<\/span>
Howard G. Smith, Esquire<\/span>
215-638-4847
howardsmith@howardsmithlaw.com<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/nextracker-inc-nxt-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302376742.html<\/a><\/p>\n

SOURCE Law Offices of Howard G. Smith<\/span><\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire BENSALEM, Pa. , Feb. 14, 2025 \/PRNewswire\/ — The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Nextracker Inc. (“Nextracker” or the “Company”) (NASDAQ: NXT). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN NEXTRACKER INC. (NXT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH\u00a0BEFORE FEBRUARY 25, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at\u00a0howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com. What Is The Lawsuit About? The complaint filed alleges that, between February 1, 2024 and August … <\/p>\n

Continue reading “Nextracker Inc. (NXT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-813487","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNextracker Inc. 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IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN NEXTRACKER INC. (NXT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH\u00a0BEFORE FEBRUARY 25, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at\u00a0howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com. What Is The Lawsuit About? The complaint filed alleges that, between February 1, 2024 and August … Continue reading "Nextracker Inc. 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