Napco Security Technologies, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - NSSC

1. Shareholders of NSSC advised to contact Gross Law Firm for potential lead plaintiff role. 2. NSSC saw a significant drop in hardware sales, affecting growth projections. 3. The stock price fell from $36.70 to $26.93, a decline of 26.62% on a single day. 4. Company pulled back on its 45% EBITDA margin target following sales setbacks. 5. Class action lawsuit against NSSC for misleading information during specified class period.

Legal

95

5m saved

Insight

Article

FAQ

Why Very Bearish?

The sharp decline in stock price indicates serious investor concern and potential for ongoing losses. Historical cases show that similar circumstances lead to sustained bearish trends.

How important is it?

The allegations and subsequent stock price drop are critical issues affecting investor sentiment and belief in NSSC's future performance. The potential for recovery via litigation plus recent performance metrics is a considerable concern for stakeholders.

Why Short Term?

The immediate impact is felt as investors react to recent developments and class action news, which can cause further selling pressure in the near term. Typically, clearing legal uncertainties can take time, affecting stock prices persistently.

Related Companies

SPT EGHT AAL

NEW YORK, May 5, 2025 /PRNewswire/ --

The Gross Law Firm issues the following notice to shareholders of Napco Security Technologies, Inc. (NASDAQ: NSSC).

Shareholders who purchased shares of NSSC 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/napco-security-technologies-inc-loss-submission-form/?id=146614&from=4

CLASS PERIOD:

February 5, 2024 to February 3, 2025

ALLEGATIONS:

According to the complaint, defendants provided investors with material information concerning Napco's overall expected growth and strength in the Company's hardware division. Defendants' statements included, among other things, confidence in Napco's ability to achieve its fiscal 2026 growth projections on back of its ability to both appropriately forecast and execute upon the alleged demand for its hardware products. On February 3, 2025, Napco announced its financial results for the second quarter of fiscal 2025, revealing a significant reduction in hardware sales for the quarter. The Company attributed the decline "primarily … to reduced sales from 2 of the company's larger distributors." As a result of the setback in sales, defendants additionally pulled back their long-term 45% EBITDA margin target, as they "don't know" if the target can be achieved by the end of fiscal 2026. Following this news, Napco's common stock declined dramatically. From a closing market price of $36.70 per share on January 31, 2024, Napco's stock price fell to $26.93 per share on February 3, 2025, a decline of about 26.62% in the span of just a single day.

DEADLINE:

June 24, 2025. Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/napco-security-technologies-inc-loss-submission-form/?id=146614&from=4

NEXT STEPS FOR SHAREHOLDERS:

Once you register as a shareholder who purchased shares of NSSC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 24, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM?

The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903

SOURCE Gross Law Firm