ROSEN, REGARDED INVESTOR COUNSEL, Encourages NAPCO Security Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action
NEW YORK, May 31, 2025 (GLOBE NEWSWIRE) --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of NAPCO Security Technologies, Inc. (NASDAQ: NSSC) between February 5, 2024 and February 3, 2025, both dates inclusive (the 'Class Period'), of the important June 24, 2025 lead plaintiff deadline.
SO WHAT: If you purchased NAPCO securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the NAPCO class action, go to https://rosenlegal.com/submit-form/?case_id=34463 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements. Specifically, they created the false impression that they possessed reliable information pertaining to NAPCO's projected revenue outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations. In truth, NAPCO's optimistic margin growth goals and demand reassurances for NAPCO's hardware sales fell short of reality; NAPCO was simply not equipped to adequately forecast demand for its products or otherwise minimized the impact of potential demand fluctuations to continue to promote its lofty margin projections which relied upon continually increased sales volumes. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the NAPCO class action, go to https://rosenlegal.com/submit-form/?case_id=34463 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
17 minutes ago
- Bloomberg
Ex-Soros Hedge Fund Picker Sun Leads Andon's Push Into US
Investment firm Andon Hong Kong Ltd. is opening an office in New York, led by Soros Fund Management alumnus Chuck Sun. The US operation will initially focus on hedge fund manager selection, an area in which Sun specialized at billionaire George Soros' family office. The firm manages money on behalf of Shenzhen-listed Andon Health Co., a Chinese maker of medical devices like blood pressure monitors and Covid test kits.
Bloomberg
17 minutes ago
- Bloomberg
Ford Escalates Battery Job Warnings as Congress Mulls EV Cuts
Ford Motor Co. intensified its campaign to preserve clean energy manufacturing subsidies Monday, warning jobs at its electric-vehicle battery plant in southwestern Michigan could be at risk if Republicans in Congress pare back tax credits in President Donald Trump's multi-trillion dollar economic package. The $3 billion plant in Marshall, about 100 miles west of Detroit, is slated to produce 20 gigawatt-hours of lithium iron phosphate, or LFP batteries, and employ 1,700 people after it starts production in 2026. The 2 million-square-foot site, which is still under construction, has drawn intense political scrutiny since it was announced in 2023 because Ford is licensing the technology to build the batteries from China's Contemporary Amperex Technology Co. Ltd, the world's largest battery manufacturer.
Bloomberg
18 minutes ago
- Bloomberg
Murati's Thinking Machines Raises Cash at $10 Billion Valuation
Thinking Machines Lab, the artificial intelligence startup launched by former OpenAI executive Mira Murati, has raised close to $2 billion at a valuation of $10 billion before the investment, according to people familiar with the matter. Andreessen Horowitz led the funding round, with participation from Accel and Conviction Partners, among other investors, said the people, who asked not to be identified because the information is private. A spokesperson for Thinking Machines declined to comment. Representatives for the VC firms didn't comment. The Financial Times earlier reported some details of the funding.
