Shareholders that lost money on Napco Security Technologies, Inc.(NSSC) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

Core Viewpoint - Napco Security Technologies, Inc. is facing a class action lawsuit due to alleged securities fraud that impacted investors between February 5, 2024, and February 3, 2025 [1][2] Company Performance - The lawsuit claims that Napco misled investors regarding its expected growth and strength in the hardware division, particularly its ability to meet fiscal 2026 growth projections [2] - On February 3, 2025, Napco reported a significant decline in hardware sales, attributing this to reduced sales from two major distributors [2] - Following the announcement, Napco's stock price plummeted 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 [2] Legal Proceedings - Investors who suffered losses during the specified timeframe have until June 24, 2025, to request appointment as lead plaintiff in the class action [3] - Participation in the lawsuit does not require any out-of-pocket costs for class members [3] Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]