NET Power Inc. Shareholders Who Lost Money on Their Investment are Encouraged to Contact Johnson Fistel about the Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been initiated against NET Power Inc. on behalf of investors who acquired securities between June 9, 2023, and March 7, 2025, alleging that the company made materially false and misleading statements regarding its business and operations [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit seeks to recover losses for investors during the specified Class Period [1]. - Investors wishing to act as lead plaintiffs must file a motion by June 17, 2025 [1]. Allegations Against NET Power Inc. - The Complaint claims that NET Power's management made false statements about the completion timeline and costs associated with Project Permian, citing supply chain issues and site-specific challenges [2]. - It is alleged that the company's projections regarding the time and capital required for Project Permian were unrealistic [2]. - The increased time and capital requirements are expected to negatively impact the company's business and financial results [2]. - Overall, the public statements made by the defendants are claimed to be materially false and misleading throughout the Class Period [2]. Law Firm Background - Johnson Fistel, PLLP is a recognized law firm specializing in shareholder rights and securities class action lawsuits, with multiple offices across the United States [3]. - The firm has a track record of recovering significant amounts for clients, having recovered approximately $90,725,000 in 2024 for aggrieved clients [4].