#USA #New York #Class Action #Levi & Korsinsky #Inc. #NET Power

Important Notice to NET Power, Inc. Investors

Levi & Korsinsky, LLP has issued a significant reminder for investors of NET Power, Inc. (NYSE: NPWR) regarding a pending class action securities lawsuit. This legal action is aimed at recovering losses experienced by investors impacted by alleged securities fraud. The deadline for investors to request appointment as the lead plaintiff is set for June 17, 2025.

Case Overview

The complaint details serious allegations against NET Power, Inc. Specifically, it claims that the defendants made various false statements and omitted crucial information. Key issues highlighted include:

• - Delayed Project Completion: It is claimed that the company's plans concerning its first utility-scale plant, known as Project Permian, are unlikely to be completed on time. Issues related to supply chains and various site-specific challenges are said to contribute to this delay.

• - Exaggerated Financial Projections: The defendants allegedly provided projections regarding both the time frame and capital needed to complete Project Permian that were overly optimistic and unrealistic.

• - Impact on Business: The prolonged timeline and increased capital expenditures are expected to negatively affect the company's overall financial health.

• - False and Misleading Statements: As a result of these issues, public statements made by the defendants are claimed to have been materially false and misleading during the relevant periods.

Next Steps for Investors

Investors holding shares of NET Power, Inc. and suffering losses during the specified period—from June 9, 2023, to March 7, 2025—are encouraged to act quickly. If you believe you qualify, you have until June 17, 2025 to file your request with the court to be considered as the lead plaintiff.

No Cost Participation

If you are a member of the affected class, you may be entitled to recover damages without any out-of-pocket costs. There is no obligation to participate, and investors are advised to take advantage of this opportunity to seek compensation.

Why Choose Levi & Korsinsky?

Levi & Korsinsky boasts a substantial history of successful representation for aggrieved shareholders over the past two decades. The law firm has achieved settlements amounting to hundreds of millions of dollars, making it one of the top firms specializing in securities litigation in the United States. They have a dedicated team of over 70 professionals committed to serving clients and maximizing recovery potential.

The firm has also ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, reflecting its expertise and success in handling complex securities cases. This status establishes the firm as a leader in the domain of investor rights.

How to Contact

For additional information or assistance, affected investors can reach out to Joseph E. Levi, Esq. via email at [email protected] or by phone at (212) 363-7500. Investors can also visit the NET Power lawsuit submission form for more details on the case.

Investors are encouraged to remain vigilant and informed about developments relating to this class action lawsuit as the June 17 deadline approaches. By acting promptly, they can ensure their rights are protected and possibly recover lost investments incurred due to the company's alleged misconduct.