NSSC Investors Have the Opportunity to Lead the Napco Security Technologies Securities Fraud Lawsuit with Faruqi & Faruqi, LLP

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Napco Security Technologies, Inc. due to allegations of false and misleading statements regarding the company's growth and hardware division performance, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by June 24, 2025 [2][4]. Company Overview - Napco Security Technologies, Inc. is publicly traded on NASDAQ under the ticker NSSC [2]. - The company has faced significant scrutiny following a substantial decline in hardware sales, attributed to reduced sales from two major distributors [5]. Financial Performance - On February 3, 2025, Napco reported a significant reduction in hardware sales for the second quarter of fiscal 2025, leading to a retraction of its long-term EBITDA margin target of 45% [5]. - The company's stock price fell from $36.70 per share on January 31, 2024, to$26.93 per share on February 3, 2025, marking a decline of approximately 26.62% in one day [6]. Legal Proceedings - A federal securities class action has been filed against Napco, with the firm encouraging investors who suffered losses between February 5, 2024, and February 3, 2025, to discuss their legal options [1][2]. - The lead plaintiff in the class action will be the investor with the largest financial interest who is also typical of class members [7]. Call for Information - Faruqi & Faruqi is seeking information from whistleblowers, former employees, and shareholders regarding Napco's conduct [8].