NPWR Investors Have the Opportunity to Lead the NET Power Fraud Lawsuit with Faruqi & Faruqi, LLP

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NET Power Inc. due to allegations of misleading statements regarding Project Permian's timeline and costs, which have led to significant stock price declines and investor losses [2][4][6]. Group 1: Allegations and Financial Impact - The complaint alleges that NET Power and its executives violated federal securities laws by making false statements and failing to disclose that Project Permian was unlikely to be completed on schedule and would be significantly more expensive than previously represented [4]. - NET Power's stock price fell by $2.47 per share, or 18.54%, to close at $10.85 per share on November 14, 2023, following the announcement of a 12-month delay in Project Permian's schedule [5][6]. - On March 10, 2025, NET Power announced 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, leading to a further stock price decline of $2.18 per share, or 31.46%, closing at $4.75 per share [7]. Group 2: Management Changes and Investor Actions - On April 15, 2025, NET Power announced the departure of its President and COO, as well as the CFO, which resulted in a stock price drop of $0.13 per share, or 5.75%, closing at $2.13 per share [8]. - Investors who suffered losses in NET Power are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options, with a deadline of June 17, 2025, to seek the role of lead plaintiff in the federal securities class action [2][10].