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NPWR Deadline: NPWR Investors with Losses in Excess of $100K Have Opportunity to Lead NET Power Inc. Securities Fraud Lawsuit
Prnewswire· 2025-06-13 20:49
Core Viewpoint - Rosen Law Firm is reminding investors who purchased NET Power Inc. securities between June 9, 2023, and March 7, 2025, of the upcoming lead plaintiff deadline on June 17, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought NET Power securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 17, 2025 [2] - The lawsuit alleges that NET Power made false and misleading statements regarding Project Permian, including the likelihood of project completion on schedule and the associated costs [3] Group 2: Allegations Against NET Power - The lawsuit claims that NET Power was unlikely to complete Project Permian on time and that the project would be significantly more expensive due to supply chain issues and site-specific challenges [3] - Defendants' projections regarding the time and capital needed for Project Permian were deemed unrealistic, which could negatively impact NET Power's business and financial results [3] - The public statements made by the defendants were materially false and misleading, leading to investor damages when the true details became known [3] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions of dollars for investors [4] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]
NET Power, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - NPWR
Prnewswire· 2025-06-09 09:45
NEW YORK, June 9, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of NET Power, Inc. (NYSE: NPWR).Shareholders who purchased shares of NPWR 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/net-power-inc-loss-submission-form/?id=151910&from=4CLASS PERIOD: June 9, 2023 to March 7, 2 ...
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of NET Power
GlobeNewswire News Room· 2025-06-06 14:16
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In NET Power To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in NET Power between June 9, 2023 and March 7, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Faruqi & ...
NET Power, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before June 17, 2025 to Discuss Your Rights - NPWR
Prnewswire· 2025-06-06 09:45
Core Viewpoint - A class action securities lawsuit has been filed against NET Power, Inc. alleging securities fraud that negatively impacted investors between June 9, 2023, and March 7, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that NET Power was unlikely to complete its first utility-scale plant, Project Permian, on schedule and that the project would be significantly more expensive than previously represented due to supply chain issues and site-specific challenges [2]. - Defendants' projections regarding the time and capital needed to complete Project Permian were deemed unrealistic, which could significantly harm the Company's business and financial results [2]. - Public statements made by the defendants were materially false and misleading throughout the relevant period [2]. Group 2: Next Steps for Investors - Investors who suffered losses in NET Power, Inc. during the specified timeframe have until June 17, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
NPWR Shareholders Have the Right to Lead the NET Power, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - NPWR
Prnewswire· 2025-06-02 10:08
Core Viewpoint - A class action lawsuit has been filed against NET Power, Inc. for alleged violations of federal securities laws, specifically regarding misleading statements about Project Permian's completion timeline and budget [1] Group 1: Lawsuit Details - The lawsuit claims that NET Power made false and misleading statements about the likelihood of completing Project Permian on time and within budget due to supply chain issues and site-specific challenges [1] - The company's projections regarding the time and financial resources needed for Project Permian were deemed unrealistic [1] - Delays and cost overruns associated with Project Permian are expected to negatively impact the company's financial results and overall business [1] Group 2: Shareholder Information - Shareholders who purchased NET Power's securities between June 9, 2023, and March 7, 2025, are encouraged to contact the DJS Law Group before June 17, 2025, to participate in the lawsuit [1][2]
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of NET Power
Prnewswire· 2025-05-31 12:30
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NET Power Inc. due to allegations of misleading statements regarding Project Permian's timeline and costs, which have led to significant stock price declines for the company [2][4]. Group 1: Allegations and Financial Impact - The complaint alleges that NET Power and its executives violated federal securities laws by making false statements about the completion schedule and costs of Project Permian, which were impacted by supply chain issues and site-specific challenges [4]. - NET Power's stock price fell by $2.47 per share, or 18.54%, to close at $10.85 per share on November 14, 2023, following the announcement of a significant delay in the project timeline [6]. - On March 10, 2025, NET Power announced that the total installed cost for Project Permian is now estimated to be between $1.7 billion and $2.0 billion, up from a previous estimate of $1.1 billion, and the project is now expected to come online no earlier than 2029, causing the stock price to drop by $2.18 per share, or 31.46%, to close at $4.75 per share [7]. Group 2: Management Changes and Further Declines - Following the announcement of executive departures, including the President and COO, NET Power's stock price fell by $0.13 per share, or 5.75%, to close at $2.13 per share on April 16, 2025 [8]. - The firm encourages investors who suffered losses to contact them directly to discuss their legal options and reminds them of the June 17, 2025 deadline to seek the role of lead plaintiff in the class action [2][10].
The Gross Law Firm Reminds NET Power, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 17, 2025 – NPWR
GlobeNewswire News Room· 2025-05-29 16:21
NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of NET Power, Inc. (NYSE: NPWR). Shareholders who purchased shares of NPWR 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/net-power-inc-loss-submission-form/?id=150528&from=3 CLASS PERIOD: June 9, 2023 to Ma ...
NPWR STOCKHOLDERS: Contact Robbins LLP for information About How to Lead the Class Action Against NET Power Inc.
Prnewswire· 2025-05-28 00:54
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who purchased NET Power Inc. securities between June 9, 2023, and March 7, 2025, alleging that the company misled investors regarding the timeline and costs associated with Project Permian [1][2]. Group 1: Allegations and Financial Impact - The lawsuit claims that NET Power failed to disclose that Project Permian was unlikely to be completed on schedule and would incur significantly higher costs due to supply chain issues and site-specific challenges [2]. - Following the announcement of third quarter 2023 results, NET Power's stock fell over 18% after revealing a 12-month delay in the project timeline, now expecting initial power generation between the second half of 2027 and first half of 2028 [3]. - On March 10, 2025, NET Power disclosed that the total installed cost for Project Permian is now estimated to be between $1.7 billion and $2.0 billion, a significant increase from the previous estimate of $1.1 billion, and announced a further delay to no earlier than 2029, causing the stock price to drop over 31% [4]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must file their papers by June 17, 2025, although participation is not required to be eligible for recovery [5].
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages NET Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NPWR, NPWR.WS
GlobeNewswire News Room· 2025-05-23 16:05
Core Viewpoint - Rosen Law Firm is reminding investors who purchased NET Power Inc. securities between June 9, 2023, and March 7, 2025, of the upcoming lead plaintiff deadline on June 17, 2025, for a class action lawsuit related to misleading statements made by the company [1][2]. Group 1: Class Action Details - Investors who bought NET Power securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by June 17, 2025 [2]. - The lawsuit alleges that NET Power made false and misleading statements regarding the completion and costs of Project Permian, which is critical to the company's operations [3]. Group 2: Allegations Against NET Power - The lawsuit claims that NET Power was unlikely to complete Project Permian on schedule and that the project would be significantly more expensive than previously stated due to supply chain issues and site-specific challenges [3]. - It is asserted that the company's projections regarding the time and capital needed for Project Permian were unrealistic, which could negatively impact NET Power's business and financial results [3]. - The lawsuit contends that the misleading public statements made by NET Power resulted in investor damages when the true situation became known [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms in securities class action settlements [4]. - Founding partner Laurence Rosen has been recognized as a leading figure in the plaintiffs' bar, further establishing the firm's credibility in handling such cases [4].
ROSEN, NATIONAL INVESTOR RIGHTS COUNSEL, Encourages NET Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NPWR, NPWR.WS
GlobeNewswire News Room· 2025-05-20 22:01
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of NET Power Inc. (NYSE: NPWR, NPWR.WS) between June 9, 2023 and March 7, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2025. SO WHAT: If you purchased NET Power securities during the Class Period you may be entitled to compensation without p ...