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NXT Deadline: Rosen Law Firm Urges Nextracker Inc. (NASDAQ: NXT) Stockholders to Contact the Firm for Information About Their Rights - Business Wire China

<!DOCTYPE html> <html lang="en" xmlns:wb="//open.weibo.com/wb"> <head> <meta charset="utf-8"> <title>NXT Deadline: Rosen Law Firm Urges Nextracker Inc. (NASDAQ: NXT) Stockholders to Contact the Firm for Information About Their Rights - Business Wire China</title> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <meta name="description" content="NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf o"> <meta name="keywrods" content=""> <meta name="author" content="Business Wire China"> <link href="/css/bootstrap.css" rel="stylesheet"> <link href="/css/main.css?ver=20220804" rel="stylesheet"> <link href="/css/bootstrap-responsive.css" rel="stylesheet"> <script type="text/javascript" src="/js/jquery.min.js"></script> <script type="text/javascript" src="/js/bootstrap.js"></script> <script type="text/javascript" src="/js/main.js"></script> <!--[if lt IE 9]> <script src="//html5shim.googlecode.com/svn/trunk/html5.js"></script> <![endif]--> <script src="//tjs.sjs.sinajs.cn/open/api/js/wb.js" type="text/javascript" charset="utf-8"></script> </head> <body> <!--header--> <div class="header"> <div class="wrap"> <div class="container"> <div class="full_980 relative"> <!--top_panel--> <div class="top_panel visible-desktop"> <a href="/zh">简体中文</a> | <a href="/hk">繁體中文</a> | <a href="/en">English</a> <div class="globalsite"><select id="globalsite" class="languages"><option value="0">Business Wire Global sites</option> <option value="1">Business Wire Global</option><option value="3">UK/Ireland</option><option value="4">Deutschland</option><option value="5">France</option><option value="6">Italy</option><option value="7">Japan</option> </select> </div> </div> <div class="logo"><a href="/en"><img src="/images/bwlogo_webmain_china.png" alt="Business Wire China" width="360" height="80"/></a></div> <div class="clear"></div> <div class="navigation"> <ul class="sf-menu"> <li class="current"><a href="/en">Home</a> </li> <li><a href="/en/news/index.html">News</a> </li> <li><a href="/en/events/index.html">Events</a> </li> <li><a href="/en/medias/index.html">Media Services</a> </li> <li><a href="/en/about/index.html">About Us</a> <ul> <li><a href="/en/about/contact.html">Contact Us</a></li> </ul> </li> </ul> <div class="clear"></div> <!--search_form--> <div class="search_form visible-desktop"> <form action="/en/news/search" method="get"> <input class="inp_search" name="s" type="text" value="Search..." title="Search..." /> <input type="submit" class="search_btn" value=" " /> </form> </div> <!--search_form--> </div> <!--//navigation--> </div> </div> </div> </div> <!--//header--> <!--page_content--> <div class="page_wrapper"> <div class="wrap"> <div class="container"> <div id="content"> <script src="http://tjs.sjs.sinajs.cn/open/api/js/wb.js?appkey=3616646312" type="text/javascript" charset="utf-8"></script> <script type="text/javascript" src="/js/swfobject.js"></script> <div class="full_980 main_wrap"> <div class="row"> <div class="span9 main_block story"> <p><img src="/files/logos/R/ROSEN_LOGO.jpg" alt="ROSEN 2021"></p> <h2 class="storytitle">NXT Deadline: Rosen Law Firm Urges Nextracker Inc. (NASDAQ: NXT) Stockholders to Contact the Firm for Information About Their Rights</h2> <div class="storytimelang"> <span class="time">2025-02-17 10:26</span> <span class="lang"> <ul> <li><a href="/zh/news/58948.html"><img src="/images/zh_cn.png" alt="zh_cn"></a></li> <li><a href="/hk/news/58948.html"><img src="/images/zh_hant.png" alt="zh_hant"></a></li> <li><a href="/en/news/58948.html"><img src="/images/en.png" alt="en"></a></li> </ul> </span> <div class="clear"></div> </div> <ul class="industry-list"> <li><a href="/en/industry/legal.html" class="btn">Legal</a></li> </ul> <div class="storycontent"> <p> NEW YORK--(<span itemid="https://www.businesswire.com" itemprop="provider publisher copyrightHolder" itemscope="itemscope" itemtype="https://schema.org/Organization"><span itemprop="name"><a href="https://www.businesswire.com/" itemprop="url" referrerpolicy="unsafe-url" rel="nofollow">BUSINESS WIRE</a></span></span>)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of common stock of Nextracker Inc. (NASDAQ: NXT) between February 1, 2024 and August 1, 2024. Nextracker describes itself as a company that &ldquo;provides software that enables solar panels to follow the sun&rsquo;s movement across the sky and related products and services.&rdquo;</p> <div> <div itemprop="articleBody"> <p> For more information, submit a&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Frosenlegal.com%2Fsubmit-form%2F%3Fcase_id%3D32936&amp;esheet=54207058&amp;newsitemid=20250214387400&amp;lan=en-US&amp;anchor=form&amp;index=1&amp;md5=e72bd99efe7f825c5dda4f0578fbaa4f" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">form</a>,&nbsp;<a href="mailto:case@rosenlegal.com" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">email&nbsp;</a>attorney Phillip Kim, or give us a call at 866-767-3653.</p> <p> The Allegations: Rosen Law Firm is Investigating the Allegations that Nextracker Inc. (NASDAQ: NXT) Misled Investors Regarding its Business Operations.</p> <p> According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) the impact of project delays on Nextracker&rsquo;s business, financial results, and prospects was far more severe than represented to investors; (2) permitting and interconnection delays had materially impaired Nextracker&rsquo;s ability to convert backlog into revenue at historical conversion rates; (3) 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) 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) as a result of the above, defendants lacked a reasonable basis for their positive statements about Nextracker&rsquo;s business, financial results, and prospects. When the true details entered the market, the lawsuit claims that investors suffered damages.</p> <p> What Now: You may be eligible to participate in the class action against Nextracker Inc. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by February 25, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Frosenlegal.com%2Fcase%2Fnextracker-inc%2F&amp;esheet=54207058&amp;newsitemid=20250214387400&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=b2fc1c2dc9628b7b7b1e178e20b4a9f0" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">here</a>.</p> <p> All representation is on a contingency fee basis. Shareholders pay no fees or expenses.</p> <p> About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does.&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rosenlegal.com%2F&amp;esheet=54207058&amp;newsitemid=20250214387400&amp;lan=en-US&amp;anchor=Rosen+Law+Firm&amp;index=3&amp;md5=18ffef3a74f22d66141f961d781e30d6" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">Rosen Law Firm</a>&nbsp;is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $1 billion for shareholders.</p> <p> Follow us for updates on LinkedIn:&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;esheet=54207058&amp;newsitemid=20250214387400&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;index=4&amp;md5=6929e05d056d70f77ca27cc5059be2bf" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">https://www.linkedin.com/company/the-rosen-law-firm</a>, on Twitter:&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;esheet=54207058&amp;newsitemid=20250214387400&amp;lan=en-US&amp;anchor=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;index=5&amp;md5=5b1bca0822e1cce0741cc0143b5b3c02" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">https://twitter.com/rosen_firm</a>&nbsp;or on Facebook:&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&amp;esheet=54207058&amp;newsitemid=20250214387400&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&amp;index=6&amp;md5=d029c21c2c41e90210f4591dd72132ba" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">https://www.facebook.com/rosenlawfirm/</a>.</p> <p> Attorney Advertising. Prior results do not guarantee a similar outcome.</p> </div> <div> <h2> Contacts</h2> <p> Laurence Rosen, Esq.<br /> Phillip Kim, Esq.<br /> The Rosen Law Firm, P.A.<br /> 275 Madison Avenue, 40th Floor<br /> New York, NY 10016<br /> Tel: (212) 686-1060<br /> Toll Free: (866) 767-3653<br /> Fax: (212) 202-3827<br /> <a href="mailto:case@rosenlegal.com" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">case@rosenlegal.com</a><br /> <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rosenlegal.com&amp;esheet=54207058&amp;newsitemid=20250214387400&amp;lan=en-US&amp;anchor=www.rosenlegal.com&amp;index=7&amp;md5=cbc3a0b4c4de22e53bd568e5b9b230d2" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">www.rosenlegal.com</a></p> </div> </div> </div> <div class="subjects"> <ul class="subject-list"> <li><a href="/en/subject/lawsuit.html">Lawsuit News</a></li> </ul> </div> <div class="clear"></div> <div class="commentbox"> <wb:comments url="auto" border="y" width="auto" skin="blue" appkey="3616646312" ></wb:comments> </div> </div> <div class="span3 sidebar"> <div class="widget"> <h3>Business Wire Weibo</h3> <wb:follow-button uid="2676312451" type="red_2" width="136" height="24" ></wb:follow-button> </div> <div class="widget"> <h3>Industries</h3> <ul class="industry"> <li><a href="/en/industry/corporate-social-responsibility">Corporate Social Responsibility</a></li> <li><a href="/en/industry/manufacturing">Manufacturing</a></li> <li><a href="/en/industry/chemical">Chemical</a></li> <li><a href="/en/industry/health-pharmaceutical">Health and Pharmaceutical</a></li> <li><a href="/en/industry/property">Property</a></li> <li><a href="/en/industry/travel">Travel</a></li> <li><a href="/en/industry/automotive">Automotive</a></li> <li><a href="/en/industry/life-entertainment">Life and Entertainment</a></li> <li><a href="/en/industry/energy-environmental">Energy and Environmental</a></li> <li><a href="/en/industry/retail">Retail</a></li> <li><a href="/en/industry/transportation">Transportation</a></li> <li><a href="/en/industry/business-ecommerce">Business and E-commerce</a></li> <li><a href="/en/industry/communications-media">Communications and Media</a></li> <li><a href="/en/industry/metals-mining">Metals and Mining</a></li> <li><a href="/en/industry/finance">Finance</a></li> <li><a href="/en/industry/technology">Technology</a></li> <li><a href="/en/industry/sports">Sports</a></li> <li><a href="/en/industry/education">Education</a></li> <li><a href="/en/industry/art-culture">Art and Culture</a></li> <li><a href="/en/industry/legal">Legal</a></li> </ul> </div> <div class="widget"> <h3>Latest Releases</h3> <ul class="story"> <li><span class="time">2025-02-19 19:17</span><br/><a href="/en/news/58974.html">Nanoco to Present at Upcoming Industry Conferences</a></li> <li><span class="time">2025-02-19 15:55</span><br/><a href="/en/news/58973.html">SES Enables Viasat Energy Services’ Asia-Pacific Customer to Experience High-Performance Connectivity</a></li> <li><span class="time">2025-02-19 11:15</span><br/><a href="/en/news/58971.html">UAE Launches Next-Gen GPS-Less Navigation and Secure Flight Control to Strengthen Aviation Security</a></li> <li><span class="time">2025-02-19 11:12</span><br/><a href="/en/news/58970.html">OPEX® Corporation Announces Key Enhancements to Infinity® Automated Storage and Retrieval System</a></li> <li><span class="time">2025-02-19 10:55</span><br/><a href="/en/news/58969.html">Italian Tennis Star Jasmine Paolini Joins Amazfit as Latest Athlete Ambassador</a></li> </ul> </div> </div> </div> </div> </div><!-- content --> </div> </div> </div> <!--//page_content--> <!--footer--> <div id="footer" class="hidden-phone"> <div class="wrap"> <div class="container"> <div class="full_980 relative"> <!--top_btn--> <a href="#" id="totop_btn" class="visible-desktop visible-tablet"></a> <!--//top_btn--> <!--footer_top--> <div class="footer_top"> <div class="col940"> <div class="row"> <div class="span6"> <h4>Shanghai Office</h4> <p class="foot_home">Rm 1502 Xincheng Mansion, No. 167 Jiangning Rd, Shanghai, China</p> <p class="foot_phone">+86 21 5239 8905</p> <p class="foot_email"><a href="mailto:sh@businesswirechina.com">sh@businesswirechina.com</a></p> </div> <div class="span6"> <h4>Business Wire Hong Kong</h4> <p class="foot_home">51/F Hopewell Centre, 183 Queen's Road East<br/>Wan Chai, Hong Kong</p> <p class="foot_phone">+852 3602 3091</p> <p class="foot_email"><a href="mailto:hk@businesswire.com">hk@businesswire.com</a></p> </div> </div> </div> </div> <!--//footer_top--> <!--footer_bottom--> <div class="footer_bottom"> <div class="fleft"> <div class="copyright">&copy; 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