#USA #New York #Class Action #The Gross Law Firm #NET Power

Attention NET Power Shareholders

As a shareholder of NET Power, Inc. (NYSE: NPWR), you are urged to pay close attention to a significant legal development. The Gross Law Firm has announced the initiation of a class action lawsuit on behalf of shareholders who purchased shares between June 9, 2023, and March 7, 2025. The deadline to register for this class action suit is June 17, 2025, and is an essential opportunity for shareholders to claim potential damages incurred due to misleading information provided by the company.

Context of the Allegations

The allegations assert that during the class action period, the company made materially false and misleading statements regarding its operations and financial outlook. Primarily, it is claimed that NET Power was unlikely to complete its much-anticipated first utility-scale plant, known as Project Permian, on schedule. Furthermore, the project may incur significantly higher costs than previously indicated, primarily due to supply chain disruptions and site-specific challenges.

These misrepresentations reportedly resulted in unrealistic projections from the company's management regarding the required time and capital investment needed to finalize Project Permian. Consequently, these discrepancies could negatively affect the company’s overall financial performance and business reputation.

Your Rights as a Shareholder

If you purchased NPWR shares within the specified class period, the Gross Law Firm invites you to take part in this legal action and even explore the possibility of being appointed as a lead plaintiff. It is crucial to note that participating as a lead plaintiff is not necessary to benefit from any recovery the lawsuit may yield. The firm aims to protect investor rights and ensures that companies are held accountable for deceptive practices.

Once you register, you will gain access to portfolio monitoring services that will keep you informed about the class action suit's progress and any significant developments. This includes receiving updates on the lifecycle of your case, ensuring that you are aware of any actions required on your part as the case unfolds.

Next Steps for Prospective Participants

To join the class action and gain necessary insights into your potential entitlements, visit the following link: Join the Class Action Suit Here.

The firm emphasizes the urgency of registering before the June 17 deadline. Delaying participation may hinder your rights and ability to recover any financial losses incurred during the class period. There is no cost or obligation to you by merely registering your interest in the case.

Why Choose The Gross Law Firm?

The Gross Law Firm stands out as a nationally recognized class action legal firm committed to safeguarding investor rights. The firm advocates for transparency and corporate responsibility, working diligently to ensure that investors who have suffered losses due to misleading business practices receive justice and recovery for their losses. Their extensive experience in managing class action suits positions them as a trustworthy ally for investors facing potential issues with corporations like NET Power.

For inquiries or to learn more about your rights and the class action suit, contact the Gross Law Firm directly at:

• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: info@grosslawfirm.com
• - Phone: (646) 453-8903

Act now to ensure your voice is heard and your rights are protected! This class action represents a significant opportunity for shareholders to hold management accountable and seek the recovery of losses due to deceptive practices. Stay informed and vigilant as this situation develops, and do not miss out on this critical legal opportunity.