Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NET Power Inc. due to allegations of misleading statements regarding Project Permian's timeline and costs, which have led to significant stock price declines and investor losses [3][5][8]. Group 1: Allegations and Legal Actions - The complaint alleges that NET Power and its executives violated federal securities laws by making false statements and failing to disclose that Project Permian was unlikely to be completed on schedule and would be significantly more expensive than previously stated [5]. - Investors are reminded of the June 17, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against NET Power [3]. - The law firm encourages investors who suffered losses in NET Power to contact them directly to discuss their legal options [1][11]. Group 2: Financial Impact and Stock Performance - On November 14, 2023, NET Power announced a significant delay in Project Permian, pushing the expected operational date from 2026 to between the second half of 2027 and the first half of 2028, resulting in an 18.54% drop in stock price [6][7]. - On March 10, 2025, NET Power disclosed that the total installed cost for Project Permian is now estimated to be between $1.7 billion and $2.0 billion, significantly higher than the previous estimate of $1.1 billion, leading to a 31.46% decline in stock price [8]. - Following the announcement of executive departures on April 15, 2025, NET Power's stock price fell by 5.75% [9].

Core Viewpoint - A class action securities lawsuit has been filed against NET Power, Inc. alleging securities fraud that affected investors between June 9, 2023, and March 7, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that NET Power was unlikely to complete its first utility-scale plant, Project Permian, on schedule and that the project would be significantly more expensive than previously represented due to supply chain issues and site-specific challenges [2]. - Defendants' projections regarding the time and capital needed to complete Project Permian were deemed unrealistic, which could negatively impact the Company's business and financial results [2]. - Public statements made by the defendants were materially false and misleading throughout the relevant period [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 17, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

Core Viewpoint - A class action lawsuit has been filed against NET Power Inc. for allegedly making false or misleading statements regarding its Project Permian, which is now expected to be delayed and more costly than previously indicated [3][4]. Group 1: Class Action Details - The class action represents investors who purchased NET Power securities between June 9, 2023, and March 7, 2025, with a deadline to file a lead plaintiff motion by June 17, 2025 [1]. - The lawsuit claims that NET Power was unlikely to complete its Project Permian on schedule and that the project would incur significantly higher costs due to supply chain constraints and other challenges [3]. Group 2: Financial Impact - Following the announcement of a delay in the Project Permian timeline on November 14, 2023, NET Power's stock price fell by over 18% [4]. - The company added a 12-month cushion to its project schedule, with initial power generation now expected between the second half of 2027 and the first half of 2028, delaying the original 2026 start date [4].

Core Viewpoint - The article discusses a class action lawsuit against NET Power Inc. due to significant delays and cost overruns related to its Project Permian, which has negatively impacted the company's stock price and investor confidence [1][6]. Financial Performance and Events - On November 14, 2023, NET Power announced a delay in its Project Permian, pushing the expected operational date from 2026 to between the second half of 2027 and the first half of 2028, citing global supply chain issues [2]. - Following this announcement, NET Power's stock price dropped by $2.47, or 18.5%, closing at $10.85 per share [3]. - On March 10, 2025, the company revealed that the cost estimate for Project Permian had risen significantly, with total installed costs now estimated between $1.7 billion and $2 billion, leading to another stock price decline of $2.18, or 31.5%, closing at $4.75 per share [4]. - On April 15, 2025, the departure of key executives resulted in a further stock price decrease of $0.13, or 5.8%, closing at $2.13 per share [5]. Lawsuit Details - The class action lawsuit alleges that NET Power made materially false and misleading statements regarding the project's timeline and costs, failing to disclose the likelihood of delays and increased expenses due to supply chain issues and other challenges [6]. - Investors who purchased NET Power securities during the class period (June 9, 2023, to March 7, 2025) are encouraged to file a lead plaintiff motion by June 17, 2025 [1][7].

Core Viewpoint - A class action lawsuit has been filed against NET Power, Inc. for alleged violations of federal securities laws, specifically regarding misleading statements about Project Permian's completion timeline and budget [1] Group 1: Lawsuit Details - The lawsuit claims that NET Power made false and misleading statements about the likelihood of completing Project Permian on time and within budget due to supply chain issues and site-specific challenges [1] - The company's projections regarding the time and financial resources needed for Project Permian were deemed unrealistic [1] - Delays and cost overruns associated with Project Permian are expected to negatively impact the company's financial results and overall business [1] Group 2: Shareholder Information - Shareholders who purchased NET Power's securities between June 9, 2023, and March 7, 2025, are encouraged to contact the DJS Law Group before June 17, 2025, to participate in the lawsuit [1][2]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NET Power Inc. due to allegations of misleading statements regarding Project Permian's timeline and costs, which have led to significant stock price declines for the company [2][4]. Group 1: Allegations and Financial Impact - The complaint alleges that NET Power and its executives violated federal securities laws by making false statements about the completion schedule and costs of Project Permian, which were impacted by supply chain issues and site-specific challenges [4]. - NET Power's stock price fell by $2.47 per share, or 18.54%, to close at $10.85 per share on November 14, 2023, following the announcement of a significant delay in the project timeline [6]. - On March 10, 2025, NET Power announced that the total installed cost for Project Permian is now estimated to be between $1.7 billion and $2.0 billion, up from a previous estimate of $1.1 billion, and the project is now expected to come online no earlier than 2029, causing the stock price to drop by $2.18 per share, or 31.46%, to close at $4.75 per share [7]. Group 2: Management Changes and Further Declines - Following the announcement of executive departures, including the President and COO, NET Power's stock price fell by $0.13 per share, or 5.75%, to close at $2.13 per share on April 16, 2025 [8]. - The firm encourages investors who suffered losses to contact them directly to discuss their legal options and reminds them of the June 17, 2025 deadline to seek the role of lead plaintiff in the class action [2][10].

NEW YORK, May 30, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in NET Power, Inc. ("NET Power, Inc." or the "Company") (NYSE: NPWR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of NET Power, Inc. investors who were adversely affected by alleged securities fraud between June 9, 2023 and March 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/net-power-inc-lawsuit-subm ...

NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of NET Power, Inc. (NYSE: NPWR). Shareholders who purchased shares of NPWR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/net-power-inc-loss-submission-form/?id=150528&from=3 CLASS PERIOD: June 9, 2023 to Ma ...

Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who purchased NET Power Inc. securities between June 9, 2023, and March 7, 2025, alleging that the company misled investors regarding the timeline and costs associated with Project Permian [1][2]. Group 1: Allegations and Financial Impact - The lawsuit claims that NET Power failed to disclose that Project Permian was unlikely to be completed on schedule and would incur significantly higher costs due to supply chain issues and site-specific challenges [2]. - Following the announcement of third quarter 2023 results, NET Power's stock fell over 18% after revealing a 12-month delay in the project timeline, now expecting initial power generation between the second half of 2027 and first half of 2028 [3]. - On March 10, 2025, NET Power disclosed that the total installed cost for Project Permian is now estimated to be between $1.7 billion and $2.0 billion, a significant increase from the previous estimate of $1.1 billion, and announced a further delay to no earlier than 2029, causing the stock price to drop over 31% [4]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must file their papers by June 17, 2025, although participation is not required to be eligible for recovery [5].

Core Viewpoint - A class action securities lawsuit has been filed against NET Power, Inc. alleging securities fraud that negatively impacted investors between June 9, 2023, and March 7, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that NET Power was unlikely to complete its first utility-scale plant, Project Permian, on schedule and that the project would be significantly more expensive than previously represented due to supply chain issues and site-specific challenges [2]. - Defendants' projections regarding the time and capital needed to complete Project Permian were deemed unrealistic, which could significantly affect the Company's business and financial results [2]. - Public statements made by the defendants were alleged to be materially false and misleading throughout the relevant period [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until June 17, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].