NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in NET Power, Inc. ("NET Power, Inc." or the "Company") (NYSE: NPWR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of NET Power, Inc. investors who were adversely affected by alleged securities fraud between June 9, 2023 and March 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/net-power-inc-lawsui ...

NEW YORK, May 1, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of NET Power, Inc. (NYSE: NPWR).Shareholders who purchased shares of NPWR 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/net-power-inc-loss-submission-form/?id=146176&from=4CLASS PERIOD: June 9, 2023 to March 7, 20 ...

BENSALEM, Pa., April 30, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against NET Power Inc. ("Net Power" or the "Company") (NYSE: NPWR).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN NET POWER INC. (NPWR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JUNE 17, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Offices of Howard ...

NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in NET Power, Inc. ("NET Power, Inc." or the "Company") (NYSE: NPWR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of NET Power, Inc. investors who were adversely affected by alleged securities fraud between June 9, 2023 and March 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/net-power-inc-laws ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of NET Power, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its Project Permian, which is unlikely to be completed on schedule and may incur higher costs than previously represented [1][2]. Group 1: Allegations - The complaint alleges that during the class period from June 9, 2023, to March 7, 2025, NET Power failed to disclose significant challenges related to the completion of its first utility-scale plant, Project Permian, including supply chain issues and site-specific challenges [1]. - It is claimed that the projections regarding the time and capital needed to complete Project Permian were unrealistic, which could negatively impact the company's business and financial results [1]. - The public statements made by the defendants were deemed materially false and misleading throughout the relevant period [1]. Group 2: Class Action Details - Shareholders who purchased shares of NPWR during the specified class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for June 17, 2025 [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against NET Power Inc. (“Net Power” or the “Company”) (NYSE: NPWR) for violations of the federal securities laws on behalf of investors who purchased or acquired Net Power common stock between June 9, 2023 and March 7, 2025, inclusive (the “Class Period”). On April 18, 2025, a complaint was filed against the Company and cer ...

Core Viewpoint - A class action securities lawsuit has been filed against NET Power, Inc. alleging securities fraud that affected investors between June 9, 2023, and March 7, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that NET Power was unlikely to complete its first utility-scale plant, Project Permian, on schedule and that the project would be significantly more expensive than previously represented due to supply chain issues and site-specific challenges [2]. - Defendants' projections regarding the time and capital needed to complete Project Permian were deemed unrealistic, which could negatively impact the Company's business and financial results [2]. - Public statements made by the defendants were materially false and misleading throughout the relevant period [2]. Group 2: Next Steps for Investors - Investors who suffered losses in NET Power, Inc. during the specified timeframe have until June 17, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record, having secured hundreds of millions of dollars for shareholders over the past 20 years and is recognized as one of the top securities litigation firms in the United States [4].

Core Viewpoint - A class action lawsuit has been filed against NET Power, Inc. for alleged violations of federal securities laws during the class period from June 9, 2023, to March 7, 2025, involving misleading statements about the company's operations and financial projections [1][5]. Company Overview - NET Power is a clean energy technology company focused on its "Net Power Cycle" technology, which aims to generate reliable electricity from natural gas while capturing emissions [4]. - The company operates a Demonstration Facility to validate its technology and is working on a utility-scale plant known as "Project Permian" [4]. Project Permian Details - Initially, NET Power estimated the capital required for Project Permian at $950 million in 2023, which later increased to $1.1 billion in 2024 [4]. - Defendants had previously indicated that Project Permian would be operational by 2026 [4]. Allegations in the Lawsuit - The lawsuit claims that NET Power's executives made materially false statements regarding the feasibility and financial requirements of Project Permian, including underestimating the capital needed and the timeline for completion [5]. - Specific allegations include the likelihood of not completing Project Permian by 2026 and the substantial increase in capital requirements due to supply chain issues [5]. Impact of Revealed Information - On November 14, 2023, NET Power announced a delay in initial power generation to between the second half of 2027 and the first half of 2028, causing a stock price drop of $2.47 per share (18.54%) [6]. - On March 10, 2025, the company disclosed that the total installed cost for Project Permian is now estimated to be between $1.7 billion and $2.0 billion, with operations not expected to begin before 2029, leading to a further stock price decline of $2.18 per share (31.46%) [7].

NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in NET Power, Inc. ("NET Power, Inc." or the "Company") (NYSE: NPWR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of NET Power, Inc. investors who were adversely affected by alleged securities fraud between June 9, 2023 and March 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/net-power-inc-laws ...

NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of NET Power, Inc. (NYSE: NPWR). Shareholders who purchased shares of NPWR 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/net-power-inc-loss-submission-form/?id=144445&from=3  CLASS PERIOD: June 9, 2023 to ...