The Gross Law Firm Reminds Napco Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 24, 2025 – NSSC

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Napco Security Technologies, Inc. regarding a class action lawsuit due to alleged misleading statements about the company's growth and hardware sales performance [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from February 5, 2024, to February 3, 2025 [3]. - Allegations include that defendants provided investors with misleading information about Napco's expected growth and strength in its hardware division, claiming confidence in achieving fiscal 2026 growth projections [3]. - On February 3, 2025, Napco reported a significant decline in hardware sales, attributing it to reduced sales from two major distributors, leading to a retraction of their long-term 45% EBITDA margin target [3]. Stock Performance - Following the announcement of poor financial results, Napco's stock price dropped 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 [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by June 24, 2025, to participate in the case without any cost or obligation [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5].