Pomerantz Law Firm Alerts Napco Security Investors of Class Action Lawsuit Litigations

Pomerantz Law Firm Issues an Investor Alert Regarding Napco Security Technologies

Overview

In an important alert for investors, the Pomerantz Law Firm has announced a class action lawsuit filed against Napco Security Technologies, Inc. (NASDAQ: NSSC). This suit may significantly impact stakeholders who have incurred losses due to the company's recent financial missteps. Investors are encouraged to join this class action to safeguard their rights as potential victims of securities fraud.

Background of the Case

The class action centers on claims that Napco and some of its officers or directors may have engaged in deceitful business practices that led to losses for investors. The announcement comes after Napco disclosed dismal financial results for the second quarter of its 2025 fiscal year, revealing a notable drop in hardware sales.

Key Details of the Situation

On February 3, 2025, the company reported that hardware sales had fallen dramatically, primarily due to a revenue slump from two of its major distributors. This announcement prompted Napco to retract its previously stated long-term EBITDA margin target of 45%. Citing these losses, Napco's share price fell sharply, declining by $9.77 or approximately 26.62% to close at $26.93 per share on the same day.

Class Action Participation

Investors affected by the decline in share price and who purchased Napco securities during the specified Class Period are urged to consider their participation in this class action lawsuit. The deadline for filing to become a Lead Plaintiff is June 24, 2025. Interested parties can obtain a copy of the formal Complaint and learn more about joining the class at Pomerantz Law Firm's website.

For inquiries, investors can reach out to Danielle Peyton at Pomerantz via email or phone. In addition to providing basic personal information, investors are advised to include their mailing address and the number of shares bought.