Pomerantz Law Firm Initiates Class Action Against NET Power Inc. for Alleged Securities Violations
Class Action Filed Against NET Power Inc.
On June 7, 2025, the Pomerantz Law Firm announced the filing of a class action lawsuit against NET Power Inc. (NYSE: NPWR) and several of its top executives. The lawsuit has been registered in the United States District Court for the Middle District of North Carolina under the case number 25-cv-00296. This legal action aims to represent all individuals and entities, besides the defendants, who purchased or acquired NET Power securities between June 9, 2023, and March 7, 2025. The plaintiffs are seeking to recover damages instigated by alleged violations of federal securities laws, specifically pursuing remedies based on Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as Rule 10b-5.
Investor Participation
Affected investors are encouraged to act promptly, as they have until June 17, 2025, to request their designation as Lead Plaintiff in this class action. To obtain a copy of the complaint or for inquiries, interested parties can contact Danielle Peyton at Pomerantz Law Firm. Inquiries should include relevant contact details and the number of shares purchased.
NET Power and Its Operations
NET Power operates in the clean energy sector, focusing on innovative technology aimed at producing reliable electricity from natural gas while effectively capturing emissions. Their flagship technology, known as the
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