#United States #New York #Securities Fraud #Pomerantz Law #NET Power Inc.

Pomerantz Law Firm's Investigation into NET Power Inc.

The Pomerantz Law Firm is currently looking into claims concerning NET Power Inc. (NYSE: NPWR) on behalf of its investors. This comes amidst emerging concerns regarding possible securities fraud or other illicit business activities conducted by NET Power and some of its key executives. Investors are encouraged to connect with Danielle Peyton for more information about joining any related class action.

On March 10, 2025, NET Power released its financial results for the fourth quarter and full year of 2024, highlighting a decline in its cash reserves. The company disclosed that it ended 2024 with $533 million in cash, cash equivalents, and investments – a decrease from $580 million in the previous quarter. This financial decline was attributed to $13 million in operating cash outflows combined with $29 million allocated for capital expenditures. Following the announcement, NET Power's stock experienced a significant drop, falling by $2.18 per share, which constitutes a 31.46% decrease and a closing price of $4.75 per share on the reporting day.

The investigation will assess whether or not NET Power and its directors or officers engaged in misleading or fraudulent activities that could have affected the company's stock value and investor confidence. With a strong reputation in corporate, securities, and antitrust class litigation, Pomerantz LLP has been pivotal in fighting for victims of securities fraud over its 85 years of establishment since its footing by the late Abraham L. Pomerantz, famously known as the dean of the class action bar. The firm remains dedicated to securing justice for affected investors and has successfully recovered significant damages for numerous class members in prior cases.

The potential class action lawsuit could impact a wide array of stakeholders involved with NET Power, highlighting the importance of transparency in financial disclosures and the ethical responsibilities of corporate leaders. Investors who may have suffered losses due to these circumstances are advised to act swiftly to protect their rights.

For those interested in participating in the investigation and potential class action, contacting Pomerantz LLP is recommended to understand the next steps and explore the options available for recovery. For more details, reach out to Danielle Peyton at [email protected] or by calling 646-581-9980, ext. 7980.

As this situation unfolds, the implications for both investors and company executives will be significant. Investor awareness and vigilance are critical during this investigative period, and the actions taken by Pomerantz Law Firm will be watched closely by the finance community.