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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Napco Security Technologies, Inc. of Class Action Lawsuit and Upcoming Deadlines - NSSC
GlobeNewswire News Room· 2025-05-05 15:01
Group 1 - A class action lawsuit has been filed against Napco Security Technologies, Inc. for alleged securities fraud and unlawful business practices [2][4]. - Investors have until June 24, 2025, to request appointment as Lead Plaintiff if they purchased Napco securities during the Class Period [2]. - Napco reported a significant decline in hardware sales attributed to reduced sales from two major distributors, leading to the withdrawal of its long-term 45% EBITDA margin target [4]. Group 2 - Following the announcement of the financial results, Napco's stock price dropped by $9.77 per share, or 26.62%, closing at $26.93 per share on February 3, 2025 [4].
Napco Security Technologies, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - NSSC
Prnewswire· 2025-05-05 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Napco Security Technologies, Inc. regarding a class action lawsuit due to alleged misleading statements about the company's growth and hardware sales performance [1]. Summary by Sections Allegations - The complaint alleges that Napco's management provided investors with optimistic projections about the company's growth and strength in its hardware division, claiming confidence in achieving fiscal 2026 growth targets based on expected demand for hardware products [1]. - On February 3, 2025, Napco reported a significant decline in hardware sales, attributing this to reduced sales from two major distributors, which led to a retraction of their long-term EBITDA margin target of 45% [1]. - Following the announcement, Napco's stock price plummeted from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, marking a decline of approximately 26.62% in one day [1]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by June 24, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle, with no cost or obligation to participate [2]. About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages NAPCO Security Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NSSC
GlobeNewswire News Room· 2025-05-02 20:51
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased securities of NAPCO Security Technologies, Inc. during the specified Class Period, alleging misleading statements regarding the company's revenue outlook and growth potential [1][5]. Group 1: Lawsuit Details - The class action lawsuit covers purchasers of NAPCO securities from February 5, 2024, to February 3, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - The lawsuit claims that NAPCO made false and misleading statements about its revenue projections and growth, which led to investor damages when the truth was revealed [5]. Group 2: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed by June 24, 2025, to represent the class in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions for investors [4].
Class Action Filed Against Napco Security Technologies, Inc. (NSSC) - June 24, 2025 Deadline to Join – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-05-02 17:50
NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Napco Security Technologies, Inc. ("Napco" or the "Company") (NASDAQ: NSSC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Napco investors who were adversely affected by alleged securities fraud between February 5, 2024 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/napco-securit ...
Napco Security Technologies, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before June 24, 2025 to Discuss Your Rights - NSSC
Prnewswire· 2025-05-02 09:45
NEW YORK, May 2, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Napco Security Technologies, Inc. ("Napco" or the "Company") (NASDAQ: NSSC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Napco investors who were adversely affected by alleged securities fraud between February 5, 2024 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/napco-security-techn ...
Napco Security Technologies, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before June 24, 2025 to Discuss Your Rights – NSSC
GlobeNewswire News Room· 2025-05-01 16:47
NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Napco Security Technologies, Inc. (NASDAQ: NSSC). Shareholders who purchased shares of NSSC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/napco-security-technologies-inc-loss-submission-form/?id=146182&f ...
Class Action Filed Against Napco Security Technologies, Inc. (NSSC) - June 24, 2025 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2025-05-01 09:45
NEW YORK, May 1, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Napco Security Technologies, Inc. (NASDAQ: NSSC).Shareholders who purchased shares of NSSC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/napco-security-technologies-inc-loss-submission-form/?id=146177&from=4 CL ...
NSSC Investors Have Opportunity to Lead NAPCO Security Technologies, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-04-30 06:11
NEW YORK, April 30, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of NAPCO Security Technologies, Inc. (NASDAQ: NSSC) between February 5, 2024 and February 3, 2025, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2025.So what: If you purchased NAPCO securities during the Class Period you may be entitled to compens ...
NSSC INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that NAPCO Security Technologies, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-04-29 20:00
Case Details The complaint alleges that Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of NAPCO's ability to forecast the demand for its products or otherwise the true state of NAPCO's negotiating position with distributors; notably, that, despite making lofty long-term projections and claiming one-off setbacks to hardware sales, NAPCO's fo ...
Napco Security Technologies (NSSC) Faces Securities Class Action After Disappointing Earnings, Distributor Issues- Hagens Berman
Prnewswire· 2025-04-29 18:21
SAN FRANCISCO, April 29, 2025 /PRNewswire/ -- A securities class action lawsuit styled Patel v. Napco Security Technologies, Inc., et al., No. 1:25-cv-02308 (E.D.N.Y.) has been filed after investors saw the price of their shares tumble 26% after Napco (NASDAQ: NSSC) reported a sharp decline in second-quarter 2025 earnings and margins, and revealed problems with its distribution network. The lawsuit seeks to represent investors who purchased Napco securities between February 5, 2024 and February 3, 2025.Hage ...