#USA #New York #NAPCO Security #Pomerantz Law #Ttechnologies

Investor Alert: Pomerantz Law Firm Reminds Investors

On June 22, 2025, Pomerantz LLP announced the filing of a class action lawsuit against Napco Security Technologies, Inc. (NASDAQ: NSSC). Investors who have suffered losses are advised to reach out to the firm to participate in the lawsuit. Those interested should contact Danielle Peyton or call the firm's dedicated toll-free number. It's critical for potential class members to include their contact information and details of their shares acquired during the class period.

Overview of the Class Action

The lawsuit centers on allegations that Napco and certain officers or directors may have engaged in securities fraud, which can potentially impact investors adversely. This class action is an opportunity for affected investors to seek recovery for any losses incurred.

Recent Developments

The foundation for this lawsuit stems from Napco's recent announcement on February 3, 2025, where it disclosed significant declines in hardware sales, attributed primarily to reduced transactions from two major distributors. This disappointing news prompted a drastic change in its outlook, leading the company to retract its previous 45% EBITDA margin targets.

The immediate reaction in the stock market was severe; Napco's shares plummeted by $9.77, equating to a staggering 26.62% decrease, ending the day at $26.93. Such an abrupt decline not only highlights market volatility but also raises questions about the company's governance and accountability.

Key Deadlines

Investors considering joining this class action will need to act swiftly, as the deadline to petition the Court for Lead Plaintiff status is June 24, 2025. It’s crucial that potential members don’t miss this window, as it represents a chance to influence the proceedings significantly.

About Pomerantz LLP

Founded by the late Abraham L. Pomerantz, recognized as a pioneer in the field of securities class action litigation, Pomerantz LLP has established itself as a formidable advocate for victims of corporate misconduct. With over 85 years' experience, the firm has a proven track record of recovering substantial damages for class members. Pomerantz operates from multiple global offices, including New York, Chicago, Los Angeles, London, Paris, and Tel Aviv.

Conclusion

Investors affected by the recent downturn in Napco's stock and the repercussions of supposedly fraudulent activities have a voice through this class action. Pomerantz LLP stands ready to assist those seeking justice and financial recovery due to these troubling events. For more detailed information, stakeholders may visit the official Pomerantz website and access the filed complaint.

If you wish to ensure your participation in this crucial legal pursuit, act now and make your move before the impending deadlines pass.