NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- 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-laws ...

Core Viewpoint - A class action lawsuit has been filed against NET Power Inc. for alleged violations of securities laws, specifically related to misleading statements about Project Permian and its financial implications [1][4]. Group 1: Lawsuit Details - The lawsuit is based on allegations that NET Power made false and misleading statements regarding the completion timeline and budget of Project Permian, which were not grounded in reality [4]. - Investors who purchased NET Power securities between June 9, 2023, and March 7, 2025, are encouraged to participate in the lawsuit before the deadline of June 17, 2025 [2]. Group 2: Impact on Investors - The delays and cost overruns associated with Project Permian are expected to negatively impact the company's financial results and overall business performance [4]. - When the market became aware of the true situation regarding NET Power, investors reportedly suffered damages due to the misleading public statements made by the company [4].

DEADLINE: June 17, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/net-power-inc-loss-submission-form/? id=144677&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of NPWR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead p ...

NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of NET Power Inc. (NYSE: NPWR, NPWR.WS) between June 9, 2023 and March 7, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2025. SO WHAT: If you purchased NET Power securities during the Clas ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of NET Power, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during the class period from June 9, 2023, to March 7, 2025 [1][3]. Summary by Relevant Sections Allegations - The complaint alleges 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 various site-specific challenges [3]. - It is claimed that the projections regarding the time and capital needed to complete Project Permian were unrealistic [3]. - The increased time and capital requirements for Project Permian are expected to negatively impact the company's business and financial results [3]. - As a result, the public statements made by the defendants were materially false and misleading throughout the relevant period [3]. Class Action Details - The deadline for shareholders to register for the class action is June 17, 2025, and there is no cost or obligation to participate [4]. - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates on the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit, fraud, and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that led to artificial inflation of stock prices [5].

SAN DIEGO, April 23, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of NET Power Inc. (NYSE: NPWR; NPWR WS) securities between June 9, 2023 and March 7, 2025, inclusive (the "Class Period"), have until June 17, 2025 to seek appointment as lead plaintiff of the NET Power class action lawsuit.  Captioned Luciani v. NET Power Inc., No. 25-cv-00296 (M.D.N.C.), the NET Power class action lawsuit charges NET Power and certain of NET Power's top executi ...

NEW YORK, April 22, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of NET Power Inc. (NYSE: NPWR, NPWR.WS) between June 9, 2023 and March 7, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2025.So What: If you purchased NET Power securities during the Class Perio ...

Core Viewpoint - NET Power Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company misled investors regarding the timeline and costs associated with its Project Permian [1][2]. Company Overview - NET Power operates as an energy technology company focused on developing its first utility-scale plant, referred to as Project Permian, located in La Porte, Texas [2]. - The company has been conducting research and equipment validation testing as part of its project development efforts [2]. Allegations and Financial Impact - The lawsuit alleges that NET Power made false or misleading statements about the likelihood of completing Project Permian on schedule and the associated costs, which were expected to be significantly higher than previously represented [2]. - On November 14, 2023, NET Power announced a delay in the project timeline, now expecting initial power generation between the second half of 2027 and the first half of 2028, which was a significant shift from the original 2026 target. This announcement led to an over 18% drop in the company's stock price [3]. - On March 10, 2025, NET Power revised its total installed cost estimate for Project Permian to between $1.7 billion and $2.0 billion, up from a previous estimate of $1.1 billion. The project timeline was further extended to no earlier than 2029, resulting in a more than 31% decline in stock price following the announcement [4]. - On April 15, 2025, the announcement of the departure of key executives, including the President and COO, led to a nearly 6% drop in NET Power's stock price [5]. Legal Process - Investors who purchased NET Power securities during the class period have until June 17, 2025, to seek appointment as lead plaintiff in the class action lawsuit [1][6]. - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7].

NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against NET Power Inc. ("NET Power" or "the Company") (NYSE: NPWR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired NET Power se ...

Group 1 - A class action has been filed against NET Power Inc. on behalf of investors who purchased securities between June 9, 2023, and March 7, 2025 [1] - The allegations include that NET Power misled investors about the timeline and costs associated with Project Permian, indicating that the project would be delayed and more expensive than previously stated due to supply chain issues and other 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 expected schedule for Project Permian [3] Group 2 - 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, and announced a delay in the project's timeline to no earlier than 2029 [4] - The company reported a decrease in cash and cash equivalents from $580 million to $533 million, primarily due to operating cash outflows and capital expenditures [4] - Following the fourth quarter and full year 2024 results announcement, NET Power's stock price fell over 31% to close at $4.75 per share [4]