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

Class Action Lawsuit Overview

The Gross Law Firm has announced an important notice for shareholders of NET Power, Inc. (NYSE: NPWR). If you purchased shares of NPWR between June 9, 2023, and March 7, 2025, you may be eligible to join a class action lawsuit against the company. The deadline to register for participation is set for June 17, 2025, and shareholders are strongly encouraged not to delay in taking action.

Allegations Against NET Power, Inc.

The allegations within the complaint suggest that during the specified period, NET Power's management made statements that were misleading or incomplete. Specifically, the lawsuit claims that:

1. Project Delays: NET Power was unlikely to realize the timely completion of its first utility-scale plant, Project Permian. The firm did not adequately disclose the numerous site-specific challenges and ongoing supply chain issues that were impacting the project.
2. Financial Misrepresentation: Investors were led to believe that the financial projections related to the timeline and costs associated with Project Permian were realistic when, in fact, they were likely to be much higher.
3. Impact on Company: The further projections regarding the investments and time required to finish the project could negatively affect the overall business performance and financial results of NET Power.
4. False Statements: Statements made publicly by the defendants were materially false and misleading throughout the class period.

Next Steps for Shareholders

If you believe you qualify as a shareholder during the class period, registering is crucial. After registration, you will automatically be influenced by software that monitors your portfolio and provides updates regarding the lawsuit’s progress.

Please remember that becoming a lead plaintiff is not a requirement to participate in this case, and there are no fees or obligations involved. Engaging in this lawsuit offers a path to seek recovery for any potential losses incurred due to NET Power's alleged lack of transparency.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationwide for its dedication to defending the rights of investors who have suffered from deceptive business practices or fraud. Their mission focuses on holding companies accountable for their actions and promoting ethical corporate behavior. They aim to recover losses for investors that arise due to misleading communications from companies like NET Power, ultimately working to combat unfair market practices.

Contact Information

For those interested in learning more or registering as a shareholder involved in the class action, contact information for The Gross Law Firm is provided below:

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

This is an essential opportunity for shareholders to ensure their voices are heard and their investments are protected. Time is of the essence, so act promptly to join the class action against NET Power, Inc. before the June 17, 2025, deadline.