{"id":853569,"date":"2025-05-22T05:50:01","date_gmt":"2025-05-22T09:50:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/napco-security-technologies-inc-securities-fraud-class-action-lawsuit-pending-contact-the-gross-law-firm-before-june-24-2025-to-discuss-your-rights-nssc-2\/"},"modified":"2025-05-22T05:50:01","modified_gmt":"2025-05-22T09:50:01","slug":"napco-security-technologies-inc-securities-fraud-class-action-lawsuit-pending-contact-the-gross-law-firm-before-june-24-2025-to-discuss-your-rights-nssc-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/napco-security-technologies-inc-securities-fraud-class-action-lawsuit-pending-contact-the-gross-law-firm-before-june-24-2025-to-discuss-your-rights-nssc-2\/","title":{"rendered":"Napco Security Technologies, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before June 24, 2025 to Discuss Your Rights – NSSC"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n NEW YORK<\/span>
\n <\/span>, May 22, 2025<\/span><\/span> \/PRNewswire\/ — The Gross Law Firm issues the following notice to shareholders of\u00a0Napco Security Technologies, Inc. (NASDAQ: NSSC).<\/b><\/p>\n

\n

\n
\n \"The
\n <\/a>\n <\/p>\n<\/p><\/div>\n

Shareholders who purchased shares of NSSC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n

CONTACT US HERE:<\/p>\n

\n https:\/\/securitiesclasslaw.com\/securities\/napco-security-technologies-inc-loss-submission-form\/?id=149533&from=4<\/a>\n <\/p>\n

\n CLASS PERIOD: <\/b>
\n February 5, 2024<\/span> to February 3, 2025<\/span><\/p>\n

\n ALLEGATIONS: <\/b>According to the complaint, defendants provided investors with material information concerning Napco’s overall expected growth and strength in the Company’s hardware division. Defendants’ statements included, among other things, confidence in Napco’s ability to achieve its fiscal 2026 growth projections on back of its ability to both appropriately forecast and execute upon the alleged<\/span> demand for its hardware products.\u00a0 On 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 “primarily \u2026 to reduced sales from 2 of the company’s larger distributors.” As a result of the setback in sales, defendants additionally pulled back their long-term 45% EBITDA margin target, as they “don’t know” if the target can be achieved by the end of fiscal 2026. Following this news, Napco’s common stock declined dramatically. From a closing market price of $36.70<\/span> per share on January 31, 2024<\/span>, Napco’s stock price fell to $26.93<\/span> per share on February 3, 2025<\/span>, a decline of about 26.62% in the span of just a single day.<\/p>\n

\n DEADLINE: June 24, 2025<\/span><\/b> Shareholders should not delay in registering for this class action. Register your information here: https:\/\/securitiesclasslaw.com\/securities\/napco-security-technologies-inc-loss-submission-form\/?id=149533&from=4<\/a><\/p>\n

\n NEXT STEPS FOR SHAREHOLDERS: <\/b>Once you register as a shareholder who purchased shares of NSSC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 24, 2025<\/span>. There is no cost or obligation to you to participate in this case.<\/p>\n

\n WHY GROSS LAW FIRM? <\/b>The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud<\/span>, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company’s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

\n CONTACT:<\/b>
\n
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY<\/span>, 10018
Email: dg@securitiesclasslaw.com<\/a>
Phone: (646) 453-8903<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/napco-security-technologies-inc-securities-fraud-class-action-lawsuit-pending-contact-the-gross-law-firm-before-june-24-2025-to-discuss-your-rights–nssc-302462563.html<\/a><\/p>\n

SOURCE The Gross Law Firm<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK , May 22, 2025 \/PRNewswire\/ — The Gross Law Firm issues the following notice to shareholders of\u00a0Napco Security Technologies, Inc. (NASDAQ: NSSC). Shareholders who purchased shares of NSSC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/napco-security-technologies-inc-loss-submission-form\/?id=149533&from=4 CLASS PERIOD: February 5, 2024 to February 3, 2025 ALLEGATIONS: According to the complaint, defendants provided investors with material information concerning Napco’s overall expected growth and strength in the Company’s hardware division. Defendants’ statements included, among other things, confidence in Napco’s ability to achieve its fiscal 2026 growth projections on back of its ability to both … <\/p>\n

Continue reading “Napco Security Technologies, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before June 24, 2025 to Discuss Your Rights – NSSC”<\/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-853569","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNapco Security Technologies, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before June 24, 2025 to Discuss Your Rights - 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\/napco-security-technologies-inc-securities-fraud-class-action-lawsuit-pending-contact-the-gross-law-firm-before-june-24-2025-to-discuss-your-rights-nssc-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Napco Security Technologies, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before June 24, 2025 to Discuss Your Rights - NSSC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , May 22, 2025 \/PRNewswire\/ — The Gross Law Firm issues the following notice to shareholders of\u00a0Napco Security Technologies, Inc. (NASDAQ: NSSC). Shareholders who purchased shares of NSSC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/napco-security-technologies-inc-loss-submission-form\/?id=149533&from=4 CLASS PERIOD: February 5, 2024 to February 3, 2025 ALLEGATIONS: According to the complaint, defendants provided investors with material information concerning Napco’s overall expected growth and strength in the Company’s hardware division. Defendants’ statements included, among other things, confidence in Napco’s ability to achieve its fiscal 2026 growth projections on back of its ability to both … Continue reading "Napco Security Technologies, Inc. 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