#United States #New York #Class Action #Pomerantz LLP #Netcapital Inc.

Investor Alert: Update on Netcapital Inc. Class Action Lawsuit

The Pomerantz Law Firm has issued a critical alert for investors in Netcapital Inc. (NASDAQ: NCPL) regarding a significant class action lawsuit. This legal action primarily concerns allegations of securities fraud and various unlawful business practices allegedly engaged in by Netcapital and some of its senior executives. Investors who believe they have incurred losses due to these actions are highly encouraged to reach out to Pomerantz for guidance and potential participation in the ongoing lawsuit.

Details of the Lawsuit

As per the announcement made by Pomerantz LLP, the class action accuses Netcapital of misrepresenting its financial situation through fraudulent means. Reportedly, the U.S. Securities and Exchange Commission (SEC) charged the company along with certain directors, including advisory board member John Fanning, for orchestrating a scheme that inflated Netcapital's revenue via fake consulting agreements. These allegations raise serious concerns about the integrity of the company’s financial reporting and overall business practices.

Investors are advised that the deadline to apply for lead plaintiff status in the class action lawsuit is set for December 7, 2026. Individuals who acquired Netcapital securities during the relevant period—termed the Class Period—are particularly encouraged to act swiftly. The legal team's intention is to ensure that those affected by these questionable actions can seek justice and possibly recover their losses.

How to Get Involved

Investors wishing to get involved or seeking further details about their rights are encouraged to contact Danielle Peyton at Pomerantz LLP. Interested individuals can reach out via email at [email protected] or call 646-581-9980. When contacting the firm, it is recommended that investors provide their mailing address, phone number, and specifics regarding the number of shares purchased to facilitate the process.

Impact on Share Price

Following the SEC announcement regarding the charges against Netcapital, the company’s stock witnessed a drastic slump, dropping approximately 12.8% to close at $0.3501 on August 11, 2026. This swift decline reflects investor sentiment amidst growing uncertainties surrounding the firm's operational integrity and financial transparency.

The Role of Pomerantz LLP

Pomerantz LLP is recognized as a leader in the realm of corporate class actions, especially in the areas of securities fraud. Established by pioneers in class action litigation, the firm has successfully advocated for innumerable victims of corporate misconduct over its 85-plus years of history. The firm continues to be dedicated to protecting shareholders' rights and holding companies accountable for fraudulent practices.

With offices located in New York, Chicago, Los Angeles, and even internationally in London, Paris, and Tel Aviv, Pomerantz has expansive reach and expertise. Their commitment to serving class members ensures that those wronged by unethical business operations can seek the remedies they deserve.

For additional information about the class action and to obtain a copy of the complaint, individuals are encouraged to visit the firm's website at pomerantzlaw.com.

Conclusion

In light of these ongoing legal challenges, investors in Netcapital Inc. must remain informed and proactive. The upcoming deadlines present a crucial opportunity for those affected. Engaging with legal experts at Pomerantz could provide necessary support as investors navigate this complex situation. By collaborating, affected shareholders may stand a better chance of recouping their finances and obtaining justice.

As always, keeping abreast of developments surrounding this case is essential for impacted shareholders as they consider their next steps moving forward.