Core Viewpoint - The Gross Law Firm is notifying shareholders of Napco Security Technologies, Inc. about a potential class action lawsuit due to significant declines in the company's stock price following disappointing financial results and revised growth projections [1][3]. Summary by Sections Class Action Notice - Shareholders who purchased shares of Napco Security Technologies (NASDAQ: NSSC) during the specified class period (February 5, 2024, to February 3, 2025) are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1][3]. Allegations - The complaint alleges that the defendants provided misleading information regarding Napco's expected growth and strength in its hardware division. They expressed confidence in achieving fiscal 2026 growth projections based on demand for hardware products [3]. - On February 3, 2025, Napco reported a significant decline in hardware sales, primarily due to reduced sales from two major distributors. Consequently, the company retracted its long-term 45% EBITDA margin target, stating uncertainty about achieving it by the end of fiscal 2026 [3]. - Following this 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 [3]. Next Steps for Shareholders - Shareholders are advised to register for the class action by June 24, 2025, to participate in the case without any cost or obligation. Registered shareholders will receive updates through a portfolio monitoring software [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices. The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].

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]. Group 1: Allegations and Financial Impact - The lawsuit alleges that Napco's management provided investors with optimistic projections about the company's growth and hardware division strength, claiming confidence in achieving fiscal 2026 growth targets [1]. - Following the announcement of a significant decline in hardware sales attributed to reduced sales from two major distributors, Napco retracted its long-term EBITDA margin target of 45%, stating uncertainty about achieving it by the end of fiscal 2026 [1]. - Napco's stock price experienced a dramatic decline of approximately 26.62%, dropping from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, in just one day [1]. Group 2: Class Action Participation - Shareholders who purchased shares of NSSC during the specified class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for June 24, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case, with no cost or obligation to participate [2]. Group 3: Law Firm's Mission - 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].

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 ...

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 ...

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 ...

NEW YORK, April 29, 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-secur ...

Core Viewpoint - A class action securities lawsuit has been filed against Napco Security Technologies, Inc. due to alleged securities fraud impacting investors between February 5, 2024, and February 3, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for Napco investors who were negatively affected by the alleged fraud [1]. - Defendants allegedly misled investors regarding Napco's growth expectations and the strength of its hardware division, claiming confidence in achieving fiscal 2026 growth projections [2]. - On February 3, 2025, Napco reported a significant decline in hardware sales, attributing it to reduced sales from two major distributors, leading to a retraction of their long-term 45% EBITDA margin target [2]. Group 2: Stock Performance - Following the announcement of disappointing financial results, 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 [2]. Group 3: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until June 24, 2025, to request appointment as lead plaintiff, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 4: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4].

Core Viewpoint - A securities class action lawsuit has been filed against Napco Security Technologies, Inc. after a significant drop in share price following disappointing Q2 2025 earnings and issues with its distribution network [1][3]. Group 1: Lawsuit Details - The lawsuit, Patel v. Napco Security Technologies, Inc., seeks to represent investors who purchased Napco securities between February 5, 2024, and February 3, 2025 [1][2]. - The lead plaintiff deadline for the lawsuit is set for June 24, 2025 [2]. Group 2: Financial Performance - Napco reported a 25% decline in equipment sales compared to the previous year’s Q2, alongside substantial declines in gross margin and gross profit for equipment revenue [3][6]. - The company attributed its poor performance to reduced sales to two major distributors, with one distributor actively working to reduce inventory [3][4]. Group 3: Investor Communication - The lawsuit alleges that Napco made false and misleading statements regarding its sales practices and forecasting abilities, failing to disclose critical information to investors [3][6]. - Despite assurances of achieving fiscal 2026 growth and margin targets, the company did not adequately disclose its inability to forecast product demand or the potential impact of demand fluctuations [6]. Group 4: Market Reaction - Following the announcement of the disappointing financial results, Napco's shares plummeted by $9.77, or 26%, in a single day, leading to analyst downgrades [4].

NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- 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 ...

Core Viewpoint - A shareholder class action lawsuit has been filed against Napco Security Technologies, Inc. alleging that the company provided misleading information regarding its growth and the strength of its hardware division while concealing adverse facts about its ability to forecast product demand [1]. Group 1: Lawsuit Details - The lawsuit claims that Napco's defendants disseminated materially false and misleading statements about the company's expected growth [1]. - The class action is specifically aimed at investors who purchased shares of Napco between February 5, 2024, and February 3, 2025, and experienced significant losses [2]. - The deadline for investors to request to be appointed as lead plaintiff in the case is June 24, 2025 [3]. Group 2: Legal Representation - Holzer & Holzer, LLC is the law firm representing the shareholders, known for its vigorous representation in securities litigation [3]. - The firm has a history of recovering hundreds of millions of dollars for shareholders affected by corporate misconduct since its founding in 2000 [3].