Investors Encouraged to Lead NET Power Inc. Securities Class Action Lawsuit

On May 14, 2025, the Rosen Law Firm, known for its commitment to investor rights, issued a reminder for individuals who purchased securities from NET Power Inc. (NYSE: NPWR, NPWR.WS) during the designated class period of June 9, 2023, to March 7, 2025. The firm is calling on investors to act before the crucial lead plaintiff deadline on June 17, 2025.

Why Participate?

If you bought NET Power securities during the specified timeframe, you could be eligible for financial compensation without any upfront fees through a contingency fee arrangement. This means that investors can seek compensation without risking their own finances, allowing them to focus on the broader implications of the case without financial burdens.

The Rosen Law Firm has already filed a class action lawsuit, and those interested in taking on the role of lead plaintiff must adhere to the deadline by moving the court no later than June 17, 2025. Serving as a lead plaintiff allows individuals to represent fellow class members, guiding the litigation process in their collective interest.

Background of the Case

The lawsuit alleges that throughout the class period, the defendants made a series of false and misleading statements regarding NET Power’s operational capabilities. It claims that the company was not only unlikely to complete Project Permian—which is intended to be its first utility-scale plant—on time, but that the associated costs would far exceed what had been publicly communicated. The lawsuit specifically points to unforeseen supply chain issues and regional challenges that significantly hampered progress.

As a result, the projections made by the defendants regarding the necessary time and capital to finish Project Permian were described as overly optimistic, leading to an adverse effect on NET Power’s business performance and financial results. Investors incurred losses when these realities emerged in public discourse, culminating in the current class action.

Why Choose Rosen Law Firm?

The Rosen Law Firm stands out as a reputable choice for investors wanting qualified representation. The firm has a recognized history of achieving favorable outcomes in securities class actions, having previously secured the largest settlement against a Chinese firm at that time. Ranked as the top firm by ISS Securities Class Action Services for numerous years and consistently recognized among the top in the field, the Rosen Law Firm has recovered substantial amounts for its clients, demonstrating their capacity to navigate complex legal waters.

In 2019 alone, over $438 million was recovered for investors by the firm, underlining its success in past securities litigation. Notably, Laurence Rosen, the founding partner, received accolades from Law360 as a leader in plaintiffs' legal matters, adding to the firm’s pedigree and expertise in handling such cases.

Join the Action

For those interested in participating in the NET Power class action, steps to engage are straightforward. Interested parties can visit Rosen Legal for more details or reach out to Phillip Kim, Esq. at 866-767-3653 or via email at [email protected].

As a reminder, no class has yet been certified, meaning individuals are not represented unless they officially enroll with legal counsel. Investors can also opt to remain absent members and choose to take no action at this stage, though participating could provide an opportunity for potential recovery.

Stay connected with updates from the Rosen Law Firm on LinkedIn, Twitter, or Facebook to track developments in this crucial case that may impact many involved.