NSSC Stock News: Stockholders with Large Losses Should Contact Robbins LLP for Information on the Class Action Lawsuit Against Napco Security Technologies, Inc.

Core Viewpoint - A class action lawsuit has been filed against Napco Security Technologies, Inc. for allegedly misleading investors about its growth projections and sales performance during the specified period [1][2]. Allegations - Robbins LLP is investigating claims that Napco Security Technologies misrepresented its ability to meet fiscal 2026 growth projections, failing to disclose the true state of product demand forecasting and distributor negotiations [2]. - The complaint states that Napco made optimistic long-term projections while downplaying setbacks in hardware sales, which ultimately led to a decline in sales and failure to meet projections [2]. Financial Impact - On February 3, 2025, Napco announced disappointing financial results for Q2 of fiscal 2025, revealing a significant drop in hardware sales. Following this announcement, the stock price fell from $36.70 on January 31, 2024, to $26.93 on February 3, 2025, marking a decline of approximately 26.62% in one day [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers by June 24, 2025. Participation in the case is not required to be eligible for recovery [4]. Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [5].