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NSSC DEADLINE ALERT: Napco (NSSC) Investors Alerted to Today's Lead Plaintiff Deadline in Securities Class Action – Hagens Berman
NAPCO Security TechnologiesNAPCO Security Technologies(US:NSSC) GlobeNewswire News Room·2025-06-24 16:32

Core Allegations - Napco Security Technologies allegedly misled investors regarding its financial health and growth prospects, particularly in hardware sales forecasting and distribution network [2][5] - The lawsuit claims that investors paid inflated prices for shares due to these misrepresentations [2][5] Investigation and Legal Action - Hagens Berman is actively investigating the allegations against Napco, focusing on potential misleading statements about sales forecasting and distribution practices [3] - The lead plaintiff deadline for the federal securities class action lawsuit is June 24, 2025, which is crucial for investors who suffered significant losses [4] Financial Impact - Napco's Q2 fiscal 2025 results revealed a sharp decline in hardware sales, attributed to major distributors reducing inventory, leading to a stock price drop of approximately 26.62% on February 3, 2025 [5] - Following the disclosure of these issues, Napco retracted its long-term EBITDA margin target of 45%, indicating uncertainty about achieving it by fiscal 2026 [5]