Johnson Fistel, PLLP is investigating potential claims on behalf of Quanex Building Products Corporation (NYSE: NX) (“Quanex”) against certain of its officers and directors.

If you are a current, long-term shareholder of Quanex, you may have standing to hold the company harmless from the alleged harm caused by the Company’s officers and directors by making them personally responsible. You may also be able to assist in reforming the Company’s corporate governance to prevent future wrongdoing.

Complaint Allegations
The previously filed Complaint alleges that Defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose material adverse information regarding Quanex’s business, operations, and prospects, including allegations that: (1) the Company’s procedures and policies regarding tooling and equipment maintenance in its Tyman, Mexico facility were significantly “underinvested”; (2) as a result, Quanex’s tooling and equipment conditions had significantly degraded to near “catastrophic” levels; (3) as a result of the foregoing, the Company was likely to incur significant costs, “pushing out the timing” of expected benefits from the Tyman integration; and (4) Quanex had previously identified the foregoing issues.

What You Can Do Now:
Visit https://www.cognitoforms.com/JohnsonFistel/AcadiaHealthcareCompanyInc, email jimb@johnsonfistel.com, or call (619) 814-4471 if you held Quanex shares prior to December 12, 2024.