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

Investor Alert: Investigation into NET Power Inc.

Pomerantz LLP, a leading law firm known for class action litigation, has initiated an investigation concerning NET Power Inc. (NYSE: NPWR), focusing on potential claims on behalf of its investors. The investigation raises serious concerns regarding possible securities fraud or other illicit business practices possibly committed by NET Power and certain individuals within its management.

This inquiry comes in light of NET Power's recent financial disclosures that have raised eyebrows among investors and stakeholders alike. In a press release dated March 10, 2025, the company reported its financial and operational results for the fourth quarter and the entire fiscal year of 2024. Notably, NET Power revealed that it concluded the year with $533 million in cash, cash equivalents, and investments—a decline from the prior quarter's $580 million. This reduction was attributed to approximately $13 million in cash outflows from operations and an additional $29 million in capital expenditures. Such significant financial adjustments have led to questions about the company’s financial health and governance practices.

The market reacted swiftly to this news, with NET Power's stock prices plummeting by $2.18 per share, marking a staggering 31.46% decrease, closing at $4.75 per share. This sharp decline has undoubtedly triggered alarm bells among investors, prompting many to reevaluate their positions. Pomerantz LLP is now reaching out to affected investors to explore their rights and possible compensation stemming from this situation.

Founded by the late Abraham L. Pomerantz, the firm has a historical reputation for championing the rights of investors. Over its 85-year history, it has spearheaded litigation efforts in cases involving securities fraud, violations of fiduciary duties, and various forms of corporate misconduct. Pomerantz has achieved numerous landmark settlements, recovering substantial damages for class members who have experienced monetary losses as a result of unscrupulous corporate practices.

For investors who believe they may have been impacted by NET Power’s recent financial disclosures and the subsequent drop in stock price, Pomerantz LLP is encouraging them to step forward. Interested parties can reach out directly to attorney Danielle Peyton via email at [email protected] or at 646-581-9980, ext. 7980 for guidance on joining the potential class-action lawsuit against NET Power Inc.

As the investigation unfolds, it showcases the importance of vigilant oversight in corporate governance and the critical role that law firms like Pomerantz play in holding companies accountable to their investors. The outcomes of such investigations can set precedents in corporate law and ensure that investors receive justice for any wrongdoings they may have suffered.

In conclusion, as the situation with NET Power develops, investors are advised to stay updated and consider their options. With Pomerantz LLP's long-standing commitment to fighting for victims of corporate fraud, this case may offer some recourse for those adversely affected by the company's recent financial maneuvers.