Pomerantz Law Firm Investigates Potential Securities Fraud at NET Power Inc.

Investor Alert: Pomerantz Law Firm Investigates NET Power Inc.

The Pomerantz Law Firm aims to protect the interests of investors in NET Power Inc (NYSE: NPWR) by opening an investigation into potential claims of securities fraud or unethical business practices within the company. Recent financial reports from NET Power have raised significant concerns, leading the firm to take action for its clients who may have suffered losses as a result of these developments.

On March 10, 2025, NET Power released its financial and operational performance for the fourth quarter of 2024 and the entire year, revealing a cash position of $533 million. This figure marked a decline from $580 million in the previous quarter. The company attributed this decrease to $13 million in operating cash outflows and $29 million in capital expenditures. Such a significant drop in cash reserves has been alarming to investors, causing them to question the company's financial health and management decisions.

In reaction to this announcement, shares of NET Power plummeted by $2.18 per share, which translates to a drastic 31.46% decline, bringing the stock price down to $4.75. This sharp downturn raised red flags for Pomerantz LLP, prompting them to advocate for any investors affected by these shifts who may have legal recourse.

Pomerantz LLP is well-regarded in the field of class action litigation and has a rich history dating back over 85 years. Founded by the late Abraham L. Pomerantz, the firm has made its name fighting for victims of securities fraud and corporate misconduct. Their efforts have led to numerous successful resolutions and damages awards for affected investors over the decades, and they continue to uphold this legacy by representing those harmed by possible corporate wrongdoing.

Investors who have concerns about their investments in NET Power Inc. are encouraged to reach out to Pomerantz LLP for assistance. Contact information for Danielle Peyton at Pomerantz is available for those wishing to explore potential legal action regarding this matter. It's crucial for affected shareholders to seek guidance to understand their rights and options in the wake of NET Power's recent disclosures and the resulting market reaction.

In conclusion, as this investigation unfolds, stakeholders in NET Power Inc. are reminded of the importance of transparency and accountability among corporations. The Pomerantz Law Firm’s investigation looks to shed light on any possible misconduct and defend the interests of investors who place their trust and capital into the companies they choose to support. For further information regarding the class action and how to join, interested parties are urged to follow up directly with Pomerantz LLP.