Join the Class Action Against NET Power, Inc. Before June 2025 Deadline

Alert for NET Power, Inc. Shareholders

Deadline Approaching
The Gross Law Firm has released a critical notice for shareholders of NET Power, Inc. (NYSE: NPWR), urging them to take action ahead of the approaching deadline of June 17, 2025. This class action suit addresses allegations of misleading statements made regarding the company's financial standing and project timelines.

Background of the Class Action

The lawsuit affects those who purchased shares of NET Power, Inc. between June 9, 2023, and March 7, 2025. During this period, the complaint alleges that the company made false statements or failed to disclose important information about their utility-scale plant, Project Permian. The allegations highlight that the company was unlikely to complete this project on time and that costs would exceed original projections due to various supply chain issues and specific challenges related to the project site.

Key Allegations

The main points of the lawsuit include:
1. Failed Project Timeline: NET Power is accused of being unlikely to finish Project Permian on schedule.
2. Misleading Cost Projections: Estimates of the project's costs were deemed unrealistic, given potential complications.
3. Impact on Financial Results: The excessive time and capital needed for completion could significantly hinder the company’s business operations and financial outcomes.
4. False Public Statements: Assertions made by the company's leaders were misleading, impacting shareholders' investments.

Next Steps for Investors

Shareholders are encouraged to register as part of the class action lawsuit to safeguard their rights. Participating in this lawsuit does not require the appointment as a lead plaintiff, and interested investors can register through the provided secure link. This registration will also enroll them in a monitoring system to keep them updated on the case's developments.

Why Choose Gross Law Firm?

The Gross Law Firm has built a strong reputation as a national leader in class action lawsuits. They specialize in defending the rights of investors who have suffered due to corporate malfeasance. Their mission is to ensure accountability among public companies and protect investor interests against false representations and unethical practices.

Final Reminder:

Do not delay if you are a shareholder of NET Power, Inc. The complexity of this case and the potential for financial recovery make it vital to act promptly. Contact the Gross Law Firm before the June 17 deadline to secure your place in this class action.

For more information, shareholders can visit the company's dedicated class action page through this link. Further inquiries can be emailed to [email protected] or made by phone at (646) 453-8903.

Take action now to ensure your rights as an investor are protected!