NPWR Investors Have Final Opportunity to Lead NET Power Inc. Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been filed against NET Power Inc. for alleged violations of securities laws, claiming the company made false and misleading statements regarding Project Permian, which is expected to face delays and cost overruns [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased NET Power securities between June 9, 2023, and March 7, 2025, are encouraged to participate in the lawsuit [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against NET Power - The complaint alleges that NET Power made false statements about the feasibility of completing Project Permian on time and within budget due to supply chain issues and site-specific challenges [4]. - The company's projections regarding the time and financial resources needed for Project Permian were described as unrealistic [4]. - As a result of these misleading statements, the company's financial results and business operations are expected to be negatively impacted, leading to investor losses when the truth emerged [4].