#USA #New York #Securities Fraud #Pomerantz #NET Power

Investor Alert: Pomerantz Law Firm Investigates NET Power Inc.

On May 6, 2025, Pomerantz LLP announced an investigation focusing on the potential claims from investors of NET Power Inc. (NYSE: NPWR). The investigation aims to determine whether the company and its key officers have partaken in securities fraud or any other unlawful business practices. Investors who believe they have been affected are encouraged to reach out to Danielle Peyton at [email protected] or by phone at 646-581-9980, ext. 7980.

The concern comes on the heels of a significant announcement made by Net Power on March 10, 2025, where the company disclosed its financial and operational results for the fourth quarter of 2024. Among several noteworthy details, the report indicated that the company ended the year with $533 million in cash, cash equivalents, and investments. This figure represented a decline from $580 million in the preceding quarter, which the company attributed to $13 million in operational cash outflows and $29 million in capital expenditures.

This financial disclosure negatively impacted the market, leading to a 31.46% drop in Net Power's stock price, which fell by $2.18 to close at $4.75 per share on the announcement date. The steep decline raised alarms among investors who are now concerned about their financial investments and the oversight regarding the management's actions leading to this drastic downturn.

Pomerantz LLP, known for its strong track record in handling corporate, securities, and antitrust class litigation, is recognized as one of the leading firms in this sector. Founded over 85 years ago by Abraham L. Pomerantz, the firm has advocated for the rights of those who have suffered from securities fraud and corporate misconduct. Their history is filled with milestones, including numerous multimillion-dollar damages awarded to class members affected by unethical practices.

This current investigation is part of Pomerantz's ongoing efforts to offer legal services to those affected by alleged securities fraud nationwide. They continue to explore all avenues to ensure those responsible are held accountable for any infractions committed against the investors. Moreover, they urge any potential class members wishing to join the ongoing investigation to take proactive steps considering the pressing deadlines involved.

For any investor who has had financial interactions with NET Power Inc. or has been affected by the recent developments and stock price decline, engaging with Pomerantz LLP could be a critical step in recuperating potential losses. It's a reminder to investors about the importance of remaining vigilant about the handling and management of their investments, and to consider involving legal counsel when concerns arise about possible misconduct by the companies they invest in.

Being part of a class action could not only aid in individual recovery but also contribute to the larger fight against corporate negligence. Pomerantz firmly believes there should be accountability within the corporate sector to protect investors from fraudulent practices, and they stand ready to pursue justice for all those impacted under such circumstances.

Investors should stay informed about their rights and the actions they can take to mitigate losses during such periods of uncertainty in the market.

For more detailed information and updates on this investigation, investors may refer to Pomerantz's official website www.pomlaw.com. They remain dedicated to providing clear insights, resources, and updates as this situation develops, ensuring they are at the forefront in defending investor rights and accountability in corporate governance.