NSSC Investors Have Final Opportunity to Lead Napco Security Technologies, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been initiated against Napco Security Technologies, Inc. for allegedly making false and misleading statements regarding its financial performance and growth projections, leading to investor losses during the specified class period [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to violations of the Securities Exchange Act of 1934, specifically §§10(b) and 20(a), and Rule 10b-5 [1]. - Investors who purchased Napco's securities between February 5, 2024, and February 3, 2025, are encouraged to participate in the lawsuit before the deadline of June 24, 2025 [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney unless they take action [3]. Group 2: Company Performance and Misstatements - Napco expressed confidence in its growth based on customer demand for hardware products, but later reported a reduction in sales for these products [4]. - The company attributed the sales shortfall to decreased sales from two of its larger distributors and subsequently retracted its long-term EBITDA margin target of 45%, indicating uncertainty about its achievability [4]. - The misleading public statements made by Napco throughout the class period resulted in significant damages to investors once the truth was revealed [4].