Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against NET Power Inc. (“Net Power” or the “Company”) (NYSE:NPWR).
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IF YOU SUFFERED A LOSS ON YOUR NET POWER INVESTMENTS, CLICKHERE BEFORE JUNE 17, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT
What Is The Lawsuit About? The complaint filed alleges that, between June 9, 2023 and March 7, 2025, Defendants failed to disclose to investors that: (1) Net Power was unlikely to complete Project Permian on schedule, and the project was likely to be significantly more expensive than Defendants had represented, because of, inter alia, supply chain issues and numerous site- and region-specific challenges; (2) accordingly, Defendants' projections regarding the time and capital needed to complete Project Permian were unrealistic; (3) the increased time and capital needed to complete Project Permian were likely to have a significant negative impact on the Company's business and financial results; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:If you wish tolearn moreabout this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.CharlesLinehan, Esq.,Glancy Prongay & Murray LLP,1925 Century Park East, Suite 2100, Los Angeles California 90067 Email:shareholders@glancylaw.comTelephone: 310-201-9150 (Toll-Free: 888-773-9224) Visit our website atwww.glancylaw.com.
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If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100,Los Angeles, CA 90067Charles LinehanEmail:shareholders@glancylaw.comTelephone: 310-201-9150Toll-Free: 888-773-9224 Visit our website at:www.glancylaw.com.
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SOURCE Glancy Prongay & Murray LLP
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