Investors Urged to Act: Important Deadline Approaches for NET Power Securities Class Action Lawsuit

Urgent Notice for NET Power Investors



As the world of securities law continues to evolve, investors find themselves navigating complex waters, especially when it comes to significant losses incurred in investments. Recently, ClaimsFiler, a prominent free service dedicated to shareholder information, has issued a crucial reminder for NET Power Inc. investors. Those who have experienced losses exceeding $100,000 may be eligible to file lead plaintiff applications in a pending class action lawsuit against NET Power Inc.

This lawsuit was initiated following revelations of substantial mismanagement and failure to disclose critical information regarding the company’s financials. The class period for this lawsuit encompasses transactions made between June 9, 2023, and March 7, 2025. As the deadline quickly approaches—June 17, 2025—affected investors are strongly encouraged to consider their legal options.

Context Behind the Lawsuit


The lawsuit against NET Power Inc., traded on the NYSE under the ticker symbol NPWR, raises serious allegations regarding the company's leadership. Investors are claiming that NET Power and certain executives failed to disclose material information during the class period, thereby violating federal securities laws.

On March 10, 2025, the company disclosed disappointing financial results for the fourth quarter and full year of 2024. Notably, it was revealed that Project Permian's projected total installed costs soared between $1.7 billion and $2.0 billion—far exceeding a previous estimate of $1.1 billion. Furthermore, the timeline for this project's completion has now been pushed back, with commencement not anticipated until 2029, which marks a significant delay from the originally stated timeframe.

These shocking disclosures resulted in a stark decline in NET Power’s share price, plummeting by $2.18 per share, a staggering 31.46%, ultimately closing at $4.75 per share on the same day the news broke.

Call to Action for Investors


It is imperative that investors who were affected during this period actively participate in the ongoing litigation to pursue their rights. ClaimsFiler urges all eligible investors to visit its website at claimsfiler.com/cases/nyse-npwr to access information relevant to their situation and understand the filings necessary to proceed legally. Furthermore, investors can take advantage of ClaimsFiler’s offerings by uploading their transaction data to receive updates and notifications concerning pertinent securities cases.

Legal counsel from Kahn Swick & Foti, LLC is also available to assist in evaluating potential claims, providing a valuable resource for those uncertain about their options.

About ClaimsFiler


ClaimsFiler serves as an essential platform designed to help retail investors claim their rightful share of settlements available from class action lawsuits. The service allows investors to register for free, gain access to case-specific information, and submit their claims in an organized manner. Their mission is clear: to facilitate the recovery of billions of dollars owed to retail investors due to corporate malfeasance.

For those investors who are anxious about the financial implications of their investments in NET Power, now is the time to act. The continued scrutiny of securities laws highlights the need for investor vigilance and action.

Topics Financial Services & Investing)

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