Investors of NET Power, Inc. Encouraged to Take Action Amid Class Action Suit

Attention NET Power, Inc. Investors

Investors who experienced financial losses with NET Power, Inc. (traded under the ticker NPWR on the NYSE) during a defined period are being strongly urged to consider joining a class action lawsuit led by Levi & Korsinsky, LLP. Established in the legal field, Levi & Korsinsky specializes in representing shareholders in various securities law matters and has a proven track record in the realm of shareholder litigation.

Details of the Class Action

The class action is centered on allegations of securities fraud that occurred from June 9, 2023, to March 7, 2025. This lawsuit is pertinent for investors who suffered losses in their investments during this timeframe. The legal team from Levi & Korsinsky asserts that crucial information was either misrepresented or undeclared by the defendants, which contributed to inflated perceptions of the company's performance and prospects.

Allegations Against NET Power

The complaint specifies multiple claims about NET Power, asserting that:
1. The company was unlikely to complete its flagship utility-scale project, Project Permian, within the originally projected timeline.
2. It was anticipated that the project would cost significantly more than what had been communicated to the investors due to unexpected supply chain issues and various challenges unique to the project’s site and region.
3. Consequently, the financial forecasts and timelines originally provided to investors were unrealistic and misleading.
4. The negative implications on the company's business and financial results were substantial, and public statements issued by the defendants did not reflect this reality.

Next Steps for Affected Investors

For any investors who have suffered losses during the stipulated date range, the deadline to apply to be appointed as the lead plaintiff in this lawsuit is June 17, 2025. Importantly, joining as a class member does not obligate individuals to serve as lead plaintiff in order to receive potential compensation. If you would like to learn more about your options or how to join the lawsuit, reach out to Levi & Korsinsky directly. Contact details include their email at info@zlk.com or via telephone at (212) 363-7500.

Cost-Free Participation

Levi & Korsinsky reassures that there are no out-of-pocket costs for class members wishing to participate in the lawsuit. Investors have nothing to lose by joining this effort, as participation does not entail any financial burdens upfront. It highlights the commitment of the firm to ensuring justice for shareholders who have been wronged.

Expertise You Can Trust

With over two decades of experience in this area, Levi & Korsinsky has successfully represented an extensive number of shareholders, recovering hundreds of millions of dollars in losses due to various securities law violations. Their adept team, comprising over 70 skilled professionals, specializes in high-stakes securities litigation and has consistently been recognized as one of the leading firms in the industry. For seven consecutive years, they have found a place in the ISS Securities Class Action Services' Top 50 Report, affirming their expertise and the trust they have built with investors.

Conclusion

If you are a shareholder impacted by the recent events surrounding NET Power, your time to act is now. Ensure that your voice is heard and your rights are defended by considering joining this class action lawsuit. For further inquiries and assistance, please do not hesitate to contact Levi & Korsinsky.

Contacts:

Levi & Korsinsky, LLP
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: info@zlk.com
Phone: (212) 363-7500

Stay informed and protect your investments!