NPWR Deadline: NPWR Investors with Losses in Excess of $100K Have Opportunity to Lead NET Power Inc. Securities Fraud Lawsuit

Core Viewpoint - Rosen Law Firm is reminding investors who purchased NET Power Inc. securities between June 9, 2023, and March 7, 2025, of the upcoming lead plaintiff deadline on June 17, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought NET Power securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 17, 2025 [2] - The lawsuit alleges that NET Power made false and misleading statements regarding Project Permian, including the likelihood of project completion on schedule and the associated costs [3] Group 2: Allegations Against NET Power - The lawsuit claims that NET Power was unlikely to complete Project Permian on time and that the project would be significantly more expensive due to supply chain issues and site-specific challenges [3] - Defendants' projections regarding the time and capital needed for Project Permian were deemed unrealistic, which could negatively impact NET Power's business and financial results [3] - The public statements made by the defendants were materially false and misleading, leading to investor damages when the true details became known [3] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions of dollars for investors [4] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]