{"id":851793,"date":"2025-05-16T05:48:22","date_gmt":"2025-05-16T09:48:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-napco-security-technologies-inc-nssc-should-contact-levi-korsinsky-about-pending-class-action-nssc\/"},"modified":"2025-05-16T05:48:22","modified_gmt":"2025-05-16T09:48:22","slug":"investors-who-lost-money-on-napco-security-technologies-inc-nssc-should-contact-levi-korsinsky-about-pending-class-action-nssc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-napco-security-technologies-inc-nssc-should-contact-levi-korsinsky-about-pending-class-action-nssc\/","title":{"rendered":"Investors who lost money on Napco Security Technologies, Inc.(NSSC) should contact Levi &amp; Korsinsky about pending Class Action &#8211; NSSC"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">May 16, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in <b>Napco Security Technologies, Inc.<\/b> (&#8220;Napco&#8221; or the &#8220;Company&#8221;) (NASDAQ: NSSC) of a class action securities lawsuit.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg\" title=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" alt=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>CLASS DEFINITION: <\/b>The lawsuit seeks to recover losses on behalf of Napco investors who were adversely affected by <span>alleged<\/span> securities <span>fraud<\/span> between <span class=\"xn-chron\">February 5, 2024<\/span> and <span class=\"xn-chron\">February 3, 2025<\/span>. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/zlk.com\/pslra-1\/napco-security-technologies-inc-lawsuit-submission-form-2?prid=148649&amp;wire=4\" rel=\"nofollow\">https:\/\/zlk.com\/pslra-1\/napco-security-technologies-inc-lawsuit-submission-form-2?prid=148649&amp;wire=4<\/a>\n      <\/p>\n<p>\n        <b>NSSC<\/b>\u00a0investors may also contact <span class=\"xn-person\">Joseph E. Levi, Esq.<\/span> via email <a href=\"mailto:at\u00a0jlevi@levikorsinsky.com\u00a0or\" rel=\"nofollow\">at\u00a0jlevi@levikorsinsky.com\u00a0or<\/a> by telephone at (212) 363-7500.<\/p>\n<p>\n        <b>CASE DETAILS: <\/b>According to the complaint, defendants provided investors with material information concerning Napco&#8217;s overall expected growth and strength in the Company&#8217;s hardware division. Defendants&#8217; statements included, among other things, confidence in Napco&#8217;s ability to achieve its fiscal 2026 growth projections on back of its ability to both appropriately forecast and execute upon the <span>alleged<\/span> demand for its hardware products.\u00a0 On <span class=\"xn-chron\">February 3, 2025<\/span>, Napco announced its financial results for the second quarter of fiscal 2025, revealing a significant reduction in hardware sales for the quarter. The Company attributed the decline &#8220;primarily \u2026 to reduced sales from 2 of the company&#8217;s larger distributors.&#8221; As a result of the setback in sales, defendants additionally pulled back their long-term 45% EBITDA margin target, as they &#8220;don&#8217;t know&#8221; if the target can be achieved by the end of fiscal 2026. Following this news, Napco&#8217;s common stock declined dramatically. From a closing market price of <span class=\"xn-money\">$36.70<\/span> per share on <span class=\"xn-chron\">January 31, 2024<\/span>, Napco&#8217;s stock price fell to <span class=\"xn-money\">$26.93<\/span> per share on <span class=\"xn-chron\">February 3, 2025<\/span>, a decline of about 26.62% in the span of just a single day.<\/p>\n<p>\n        <b>WHAT&#8217;S NEXT? <\/b>If you suffered a loss in Napco during the relevant time frame, you have until <b><span class=\"xn-chron\">June 24, 2025<\/span><\/b>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <b>NO COST TO YOU: <\/b>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <b>There is no cost or obligation to participate.<\/b><\/p>\n<p>\n        <b>WHY LEVI &amp; KORSINSKY: <\/b>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services&#8217; Top 50 Report as one of the top securities litigation firms in <span class=\"xn-location\">the United States<\/span>.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/><span class=\"xn-person\">Joseph E. Levi, Esq.<\/span><br \/><span class=\"xn-person\">Ed Korsinsky, Esq.<\/span><br \/>33 Whitehall Street, 17th Floor<br \/><span class=\"xn-location\">New York, NY<\/span> 10004<br \/><a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4429275-5&amp;h=3250160273&amp;u=https%3A%2F%2Fwww.zlk.com%2F&amp;a=www.zlk.com\" target=\"_blank\" rel=\"nofollow\">www.zlk.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY89570&amp;sd=2025-05-16\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/investors-who-lost-money-on-napco-security-technologies-incnssc-should-contact-levi--korsinsky-about-pending-class-action---nssc-302457185.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/investors-who-lost-money-on-napco-security-technologies-incnssc-should-contact-levi&#8211;korsinsky-about-pending-class-action&#8212;nssc-302457185.html<\/a><\/p>\n<p>SOURCE  Levi &amp; Korsinsky, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY89570&amp;Transmission_Id=202505160545PR_NEWS_USPR_____NY89570&amp;DateId=20250516\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , May 16, 2025 \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in Napco Security Technologies, Inc. (&#8220;Napco&#8221; or the &#8220;Company&#8221;) (NASDAQ: NSSC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Napco investors who were adversely affected by alleged securities fraud between February 5, 2024 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/napco-security-technologies-inc-lawsuit-submission-form-2?prid=148649&amp;wire=4 NSSC\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Napco&#8217;s overall expected growth and strength in the Company&#8217;s hardware division. Defendants&#8217; &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-napco-security-technologies-inc-nssc-should-contact-levi-korsinsky-about-pending-class-action-nssc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Investors who lost money on Napco Security Technologies, Inc.(NSSC) should contact Levi &amp; Korsinsky about pending Class Action &#8211; NSSC&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-851793","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Investors who lost money on Napco Security Technologies, Inc.(NSSC) should contact Levi &amp; Korsinsky about pending Class Action - NSSC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-napco-security-technologies-inc-nssc-should-contact-levi-korsinsky-about-pending-class-action-nssc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investors who lost money on Napco Security Technologies, Inc.(NSSC) should contact Levi &amp; Korsinsky about pending Class Action - NSSC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , May 16, 2025 \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in Napco Security Technologies, Inc. (&#8220;Napco&#8221; or the &#8220;Company&#8221;) (NASDAQ: NSSC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Napco investors who were adversely affected by alleged securities fraud between February 5, 2024 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/napco-security-technologies-inc-lawsuit-submission-form-2?prid=148649&amp;wire=4 NSSC\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Napco&#8217;s overall expected growth and strength in the Company&#8217;s hardware division. 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Korsinsky about pending Class Action - NSSC - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/investors-who-lost-money-on-napco-security-technologies-inc-nssc-should-contact-levi-korsinsky-about-pending-class-action-nssc\/","og_locale":"en_US","og_type":"article","og_title":"Investors who lost money on Napco Security Technologies, Inc.(NSSC) should contact Levi &amp; Korsinsky about pending Class Action - NSSC - Market Newsdesk","og_description":"PR Newswire NEW YORK , May 16, 2025 \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in Napco Security Technologies, Inc. (&#8220;Napco&#8221; or the &#8220;Company&#8221;) (NASDAQ: NSSC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Napco investors who were adversely affected by alleged securities fraud between February 5, 2024 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/napco-security-technologies-inc-lawsuit-submission-form-2?prid=148649&amp;wire=4 NSSC\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Napco&#8217;s overall expected growth and strength in the Company&#8217;s hardware division. 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