NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of NAPCO Security Technologies, Inc. (NASDAQ: NSSC) between February 5, 2024 and February 3, 2025, both dates inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2025. SO WHAT: If you purchased NAPCO securities during the Class Period you may be entitled to ...

ATLANTA, April 28, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Napco Security Technologies, Inc. (“Napco” or “the Company”) (NASDAQ: NSSC). The lawsuit alleges that Defendants provided investors with material information concerning Napco’s overall expected growth and strength in the Company’s hardware division while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Napco’s a ...

Core Viewpoint - A class action lawsuit has been filed against Napco Security Technologies, Inc. due to significant discrepancies between the company's projected growth and actual financial performance, particularly in its hardware division [1][2]. Financial Performance - On February 3, 2025, Napco reported a notable decline in hardware sales for the second quarter of fiscal 2025, attributing the drop primarily to reduced sales from two major distributors [3]. - Following the disappointing sales results, the company retracted its long-term EBITDA margin target of 45%, expressing uncertainty about achieving this goal by the end of fiscal 2026 [3]. - Napco's stock price experienced a sharp decline, falling from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, marking a decrease of approximately 26.62% in just one day [3]. Legal Proceedings - The class action lawsuit, Shailesh Patel v. Napco Security Technologies, Inc., was initiated in the United States District Court for the Eastern District of New York, targeting investors who acquired Napco securities between February 5, 2024, and February 3, 2025 [1][4]. - Investors have until June 24, 2025, to request appointment as lead plaintiff in the lawsuit, although participation in any recovery does not require serving as lead plaintiff [4].

Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of NAPCO Security Technologies, Inc. due to allegations of materially misleading business information [1] - NAPCO's stock fell 27% following the announcement of its fiscal 2025 second quarter results, which showed a decrease in net sales and diluted earnings per share compared to the previous year [3] - The decline in equipment revenue was attributed to lagging sales in intrusion and access alarm products and issues with two major distributors [3] Group 2 - Investors who purchased NAPCO securities may be entitled to compensation through a class action without any out-of-pocket fees [2] - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4] - The firm has been recognized for its success in securities class action settlements, ranking in the top 4 since 2013 [4]

-Open letter from our CEO below- AMITYVILLE, N.Y., March 24, 2025 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading designers and manufacturers of high-tech electronic security devices, wireless recurring communication services for intrusion, commercial fire alarm, access control and locking applications, as well as a leading provider of school safety solutions, today announced that it will be showcasing its wide range of products at the International Security Conference & ...

I am a financial analyst and writer with a strong foundation in financial modeling, valuation, and data analysis. I hold FMVA (Financial Modeling & Valuation Analyst) and BIDA (Business Intelligence & Data Analyst) certifications from the Corporate Finance Institute (CFI) in Canada.The markets fascinate me (we're all looking to grow to grow wealth, after all, and the stock market is the single greatest invention that allows us to do it do it fairly easily), so I combine financial data with qualitative analy ...

AMITYVILLE, N.Y., Feb. 28, 2025 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading designers and manufacturers of high-tech electronic security devices, wireless recurring communication services for intrusion, fire alarm, access control and locking systems as well as a leading provider of school safety solutions today is announcing that it's management team will participate in the Raymond James 46th Institutional Investors Conference on Wednesday, March 5, 2025 in Orlando F ...

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of NAPCO Security Technologies, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Company Performance - NAPCO Security Technologies experienced a significant decline in stock value, with shares plummeting 27% following the announcement of its fiscal 2025 second quarter results, which showed a decrease in net sales and diluted earnings per share compared to the same period last year [3]. - The decline in equipment revenue was attributed to lagging sales in intrusion and access alarm products and door locking devices, with specific issues noted from two larger distributors affecting purchase levels and transaction approvals [3]. Group 2: Legal Actions - Investors who purchased NAPCO securities may be entitled to compensation through a class action lawsuit being prepared by Rosen Law Firm, which operates on a contingency fee basis, meaning no out-of-pocket costs for investors [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering significant amounts for investors in past cases [4].

Core Viewpoint - NAPCO Security Technologies, Inc is under investigation for potential securities fraud and unlawful business practices following disappointing fiscal results and a significant drop in stock price [1][2][3]. Financial Performance - For the fiscal 2025 second quarter, NAPCO reported a decrease in net sales and diluted earnings per share compared to the same period in the previous year [2]. - The decline in equipment revenue was attributed to lagging sales in intrusion and access alarm products and door locking devices [2]. Distributor Issues - NAPCO faced specific challenges with two major distributors: one reduced purchases to cut inventory levels, while the other underwent a management restructuring that delayed transaction approvals [2]. Stock Market Reaction - Following the announcement of the fiscal results, NAPCO's stock price fell by $9.77 per share, representing a 26.6% decrease, closing at $26.93 per share on February 3, 2025 [3].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of NAPCO Security Technologies, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Company Performance - NAPCO Security Technologies experienced a significant decline in stock value, with shares plummeting 27% following the announcement of its fiscal 2025 second quarter results, which showed a decrease in net sales and diluted earnings per share compared to the same period last year [3]. - The decline in equipment revenue was attributed to lagging sales in intrusion and access alarm products and door locking devices, with specific issues noted from two larger distributors affecting purchase levels and transaction approvals [3]. Group 2: Legal Actions - Shareholders who purchased NAPCO securities may be entitled to compensation through a class action lawsuit being prepared by Rosen Law Firm, which operates on a contingency fee basis [2]. - Investors are encouraged to join the prospective class action by contacting Rosen Law Firm for more information [2]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and consistently ranking among the top firms for securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability and experience in handling such cases [4].