NAPCO Security Technologies(NSSC)

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INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Napco Security Technologies
GlobeNewswire News Room· 2025-05-14 18:10
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Napco Security Technologies, Inc. due to allegations of false and misleading statements regarding the company's growth and hardware division performance [3][5]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses exceeding $75,000 in Napco between February 5, 2024, and February 3, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Napco, with a deadline of June 24, 2025, for investors to seek the role of lead plaintiff [3]. Group 2: Allegations Against Napco - The complaint alleges that Napco and its executives violated federal securities laws by failing to disclose material information about the company's expected growth and hardware division strength [5]. - Napco's financial results for the second quarter of fiscal 2025 showed a significant reduction in hardware sales, attributed to decreased sales from two major distributors [6]. Group 3: Stock Performance - Following the announcement of poor financial results, Napco's stock price fell from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, marking a decline of approximately 26.62% in one day [7].
Shareholders that lost money on Napco Security Technologies, Inc.(NSSC) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2025-05-13 16:28
NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Napco Security Technologies, Inc. ("Napco" or the "Company") (NASDAQ: NSSC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Napco investors who were adversely affected by alleged securities fraud between February 5, 2024 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/napco-securit ...
Levi & Korsinsky Notifies Napco Security Technologies, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - NSSC
Prnewswire· 2025-05-13 09:45
NEW YORK, May 13, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Napco Security Technologies, Inc. ("Napco" or the "Company") (NASDAQ: NSSC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Napco investors who were adversely affected by alleged securities fraud between February 5, 2024 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/napco-security-tech ...
NSSC LAWSUIT ALERT: The Gross Law Firm Notifies Napco Security Technologies, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-05-12 17:00
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Napco Security Technologies, Inc. (NASDAQ: NSSC). Shareholders who purchased shares of NSSC 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/napco-security-technologies-inc-loss-submission-form/?id=147736&f ...
Napco Security Technologies, Inc. (NSSC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-05-12 16:00
BENSALEM, Pa., May 12, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Napco Security Technologies, Inc. ("Napco" or the "Company") (NASDAQ: NSSC).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN NAPCO SECURITY TECHNOLOGIES, INC. (NSSC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JUNE 24, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. ...
Faruqi & Faruqi Reminds Napco Security Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 24, 2025 - NSSC
GlobeNewswire News Room· 2025-05-11 11:36
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Napco To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Napco between February 5, 2024 and February 3, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, May 11, 2025 (GLOBE NEWS ...
NAPCO SECURITY INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of NAPCO Security Technologies, Inc. - NSSC
Prnewswire· 2025-05-10 02:50
Core Viewpoint - Kahn Swick & Foti, LLC has initiated an investigation into NAPCO Security Technologies, Inc. following significant financial misstatements and a securities class action lawsuit against the company [1][3]. Financial Misstatements - NAPCO disclosed a material weakness in its internal controls over financial reporting for the first three quarters of fiscal 2023, leading to overstated inventories and understated cost of goods sold (COGS) [2]. - The company confirmed that net income was overstated by as much as 114.97%, income per share by 112.5%, operating income by 118.02%, and gross profit and gross margins by 35.59% [2]. Legal Proceedings - NAPCO is facing a securities class action lawsuit for failing to disclose material information, with the court recently denying the company's motion to dismiss the case [3]. - The investigation by KSF is focused on potential breaches of fiduciary duties by NAPCO's officers and/or directors, as well as violations of state or federal laws [3].
Levi & Korsinsky Notifies Napco Security Technologies, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – NSSC
GlobeNewswire News Room· 2025-05-08 17:44
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Napco Security Technologies, Inc. ("Napco" or the "Company") (NASDAQ: NSSC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Napco investors who were adversely affected by alleged securities fraud between February 5, 2024 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/napco-securit ...
Napco (NSSC) Navigates Distributor Inventory Shifts Amidst Ongoing Investor Lawsuit– Hagens Berman
GlobeNewswire News Room· 2025-05-07 18:50
SAN FRANCISCO, May 07, 2025 (GLOBE NEWSWIRE) -- Security systems manufacturer Napco Security Technologies, Inc. (NASDAQ: NSSC), already facing a securities class action lawsuit stemming from earlier disclosures about its distribution network, reported mixed results for its third quarter of fiscal year 2025 on May 5. This new development underscores the challenges the company is currently navigating amidst ongoing legal scrutiny. Hagens Berman urges Napco investors who suffered substantial losses to submit y ...
Napco Security Technologies, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before June 24, 2025 to Discuss Your Rights – NSSC
GlobeNewswire News Room· 2025-05-07 16:30
NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Napco Security Technologies, Inc. (NASDAQ: NSSC). Shareholders who purchased shares of NSSC 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/napco-security-technologies-inc-loss-submission-form/?id=147116&f ...