{"id":863362,"date":"2025-06-24T16:13:02","date_gmt":"2025-06-24T20:13:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-announces-the-filing-of-a-securities-class-action-on-behalf-of-napco-security-technologies-inc-nssc-shareholders-2\/"},"modified":"2025-06-24T16:13:02","modified_gmt":"2025-06-24T20:13:02","slug":"levi-korsinsky-announces-the-filing-of-a-securities-class-action-on-behalf-of-napco-security-technologies-inc-nssc-shareholders-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-announces-the-filing-of-a-securities-class-action-on-behalf-of-napco-security-technologies-inc-nssc-shareholders-2\/","title":{"rendered":"Levi &amp; Korsinsky Announces the Filing of a Securities Class Action on Behalf of Napco Security Technologies, Inc. (NSSC) Shareholders"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, June  24, 2025  (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in <strong>Napco Security Technologies, Inc.<\/strong> (&#8220;Napco&#8221; or the &#8220;Company&#8221;) (NASDAQ: NSSC) of a class action securities lawsuit.<\/p>\n<p>\n        <strong>CLASS DEFINITION: <\/strong>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:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eEQMNJl8fF-wLCn9bK_P0usW2oESa6CuwC6a6yn_SzOdfoflUFnpMrZmQNqklRX61ZkRsIxx7FJIgCUxC9kLD4C4VPonNycLWTWfca1afOqbrmZ6IqcGXGf7QWTVCwr_wxLxl5WzVitxu_EgdpXPtH6vbnI9wRaK4rQ9h8-MLnQz-UsjLrjqo9zQ0tO6_tUkkRKZpO9bI-gn5FfLBsb7nKYg_Hz0N0VVXzxyCL0vlBnr-QPj0vRWja4gHnzuWw6nE_8lEKMQqtzzKmfeIlhaY5eENhIZHwqaUCuBSol7CYUYo7oy_QlyGhxZePlXGMkt\" rel=\"nofollow\" target=\"_blank\">https:\/\/zlk.com\/pslra-1\/napco-security-technologies-inc-lawsuit-submission-form-2?prid=153964&amp;wire=3<\/a>\n      <\/p>\n<p>\n        <strong>NSSC<\/strong> investors may also contact Joseph E. Levi, Esq. via email at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NboFkkOK5ZJJa2lxVMZGIEiXLDiiaBNjBi-jN0O7qarRpTPJduAO4fRMVw4lMdRtiCbSZL0cuvktw7ohU3qMtKdKHH39d_RdsPHNpX89akY=\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p>\n<p>\n        <strong>CASE DETAILS: <\/strong>According to the complaint, defendants provided investors with material information concerning Napco\u2019s overall expected growth and strength in the Company\u2019s hardware division. Defendants\u2019 statements included, among other things, confidence in Napco\u2019s ability to achieve its fiscal 2026 growth projections on back of its ability to both appropriately forecast and execute upon the alleged demand for its hardware products. On February 3, 2025, 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 \u201cprimarily \u2026 to reduced sales from 2 of the company\u2019s larger distributors.\u201d As a result of the setback in sales, defendants additionally pulled back their long-term 45% EBITDA margin target, as they \u201cdon\u2019t know\u201d if the target can be achieved by the end of fiscal 2026. Following this news, Napco\u2019s common stock declined dramatically. From a closing market price of $36.70 per share on January 31, 2024, Napco\u2019s stock price fell to $26.93 per share on February 3, 2025, a decline of about 26.62% in the span of just a single day.<\/p>\n<p>\n        <strong>WHAT&#8217;S NEXT? <\/strong>If you suffered a loss in Napco during the relevant time frame, you have until <strong>June 24, 2025<\/strong>\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        <strong>NO COST TO YOU: <\/strong>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <strong>There is no cost or obligation to participate.<\/strong><\/p>\n<p>\n        <strong>WHY LEVI &amp; KORSINSKY: <\/strong>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\u2019 Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/>Joseph E. Levi, Esq.<br \/>Ed Korsinsky, Esq.<br \/>33 Whitehall Street, 17th Floor<br \/>New York, NY 10004<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NboFkkOK5ZJJa2lxVMZGIEiXLDiiaBNjBi-jN0O7qao03wjfw3QUh-VbDdbNuO6LHTCh9l5Menv8WE4KfnMwKFkV--MOHx8Xlma2BPRjawQ=\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=g3SPLvx0olr2-Go2S-h7CgUPmrGUni1dL8x-37rE03me8mgLNLlHp13y8XrMAGKdR5F9fa4wb3UBadCnJcwAgg==\" rel=\"nofollow\" target=\"_blank\">www.zlk.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ4MzEzNiM3MDE0MzMzIzIwMjA0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZGVjZDE2MDAtNGQ3Mi00ZjgwLTkzMWUtMjJjYjJhMTU1YTZjLTEwMzIyOTMtMjAyNS0wNi0yNC1lbg==\/tiny\/Levi-Korsinsky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, 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=153964&amp;wire=3 NSSC investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Napco\u2019s overall expected growth and strength in the Company\u2019s hardware division. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-announces-the-filing-of-a-securities-class-action-on-behalf-of-napco-security-technologies-inc-nssc-shareholders-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Levi &amp; Korsinsky Announces the Filing of a Securities Class Action on Behalf of Napco Security Technologies, Inc. (NSSC) Shareholders&#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-863362","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Levi &amp; Korsinsky Announces the Filing of a Securities Class Action on Behalf of Napco Security Technologies, Inc. (NSSC) Shareholders - 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\/levi-korsinsky-announces-the-filing-of-a-securities-class-action-on-behalf-of-napco-security-technologies-inc-nssc-shareholders-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Levi &amp; Korsinsky Announces the Filing of a Securities Class Action on Behalf of Napco Security Technologies, Inc. (NSSC) Shareholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, 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=153964&amp;wire=3 NSSC investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Napco\u2019s overall expected growth and strength in the Company\u2019s hardware division. &hellip; Continue reading &quot;Levi &amp; Korsinsky Announces the Filing of a Securities Class Action on Behalf of Napco Security Technologies, Inc. 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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=153964&amp;wire=3 NSSC investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Napco\u2019s overall expected growth and strength in the Company\u2019s hardware division. &hellip; Continue reading \"Levi &amp; Korsinsky Announces the Filing of a Securities Class Action on Behalf of Napco Security Technologies, Inc. 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