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NSSC Investor News: If You Have Suffered Losses in NAPCO Security Technologies, Inc. (NASDAQ: NSSC), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
NSSCNAPCO Security Technologies(NSSC) GlobeNewswire News Room·2025-02-12 03:40

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].