The Schall Law Firm Reminds Investors of Class Action Lawsuit Against Nextracker Inc.

LOS ANGELES, CA / ACCESS Newswire / January 25, 2025

The Schall Law Firm, a national shareholder rights litigation firm, is reminding investors of a class action lawsuit against Nextracker Inc. (“Nextracker” or “the Company”) (NASDAQ:NXT) for violations of the Securities Exchange Act of 1934. The lawsuit alleges that Nextracker violated 10(b) and 20(a) of the Act, as well as Rule 10b-5 promulgated by the U.S. Securities and Exchange Commission.

Investors who purchased Nextracker’s securities between February 1, 2024 and August 1, 2024, inclusive (the “Class Period”), are encouraged to contact The Schall Law Firm before February 25, 2025.

Nextracker is facing legal scrutiny for its alleged violations of securities laws during the specified Class Period. Investors who were affected by these actions may be entitled to compensation for their losses.

How the Lawsuit Against Nextracker Inc. May Impact You

If you purchased Nextracker’s securities during the Class Period, you could be directly affected by the outcome of this lawsuit. Depending on the findings of the litigation, you may be eligible for compensation for any losses incurred as a result of the alleged violations of securities laws by the Company.

How the Lawsuit Against Nextracker Inc. May Impact the World

The outcome of this lawsuit could have broader implications for the securities market as a whole. A ruling against Nextracker could set a precedent for holding companies accountable for violations of securities laws, potentially leading to more transparency and accountability in the industry.

Conclusion

Investors who purchased Nextracker’s securities during the Class Period should take note of this ongoing litigation and consider contacting The Schall Law Firm to explore their legal options. The outcome of this lawsuit could have significant implications for both individual investors and the wider securities market.