ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Nextracker, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NXT

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Nextracker Inc. common stock during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Nextracker common stock between February 1, 2024, and August 1, 2024, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by February 25, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against Nextracker - The lawsuit alleges that Nextracker made false and misleading statements regarding the impact of project delays on its business and financial results [5]. - Specific claims include that permitting and interconnection delays severely impaired Nextracker's ability to convert backlog into revenue, and that the company could not offset negative impacts from these delays as previously claimed [5]. - The lawsuit asserts that Nextracker lacked the competitive advantages it claimed, leading to a lack of reasonable basis for its positive statements about its business prospects [5].