NPWR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that NET Power Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

1. Class action lawsuit filed against NET Power for potential securities law violations. 2. Lawsuit claims misleading statements about Project Permian's timeline and costs. 3. Accusations suggest significant negative impacts on NET Power's financial results. 4. Investors can join the lawsuit by contacting the law firm. 5. No cost for investors; fees contingent on lawsuit success.

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FAQ

Why Very Bearish?

The lawsuit introduces significant uncertainty, likely leading to a decline in investor confidence, similar to past cases where legal actions drastically affected stock prices.

How important is it?

The class action lawsuit, because of its potential to recover investor losses and allegations against the company's leadership, significantly impacts NPWR's market perception.

Why Short Term?

The immediate effects of the lawsuit, including potential negative publicity and market reactions, will likely influence NPWR’s stock in the near term.

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SPWR NEE BE

NEW YORK, April 24, 2025 /PRNewswire/ -- Attorney Advertising

Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against NET Power Inc. ("NET Power" or "the Company") (NYSE: NPWR) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired NET Power securities between June 9, 2023 and March 7, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/NPWR.

Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that:

(1) Net Power was unlikely to complete Project Permian on schedule, and the project was likely to be significantly more expensive than Defendants had represented, because of, inter alia, supply chain issues and numerous site- and region-specific challenges;
(2) accordingly, Defendants' projections regarding the time and capital needed to complete Project Permian were unrealistic;
(3) the increased time and capital needed to complete Project Permian were likely to have a significant negative impact on the Company's business and financial results; and
(4) as a result, Defendants' public statements were materially false and misleading at all relevant times.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/NPWR. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in NET Power you have until June 17, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

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Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Nathan Miller

332-239-2660 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC