The Schall Law Firm, which focuses on shareholder rights litigation, is notifying investors of a class action lawsuit against NET Power Inc. (“Net Power” or “the Company”) NPWR. The lawsuit alleges violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934, alongside Rule 10b-5 as enforced by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities during the period from June 9, 2023, to March 7, 2025, inclusive (referred to as the “Class Period”), are urged to contact the firm by June 17, 2025.

If you are a shareholder who has incurred a loss, click here to participate.

Additionally, you may reach out to Brian Schall at the Schall Law Firm, located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, or by calling 310-301-3335 for a free consultation regarding your rights. You can also visit the firm’s website at www.schallfirm.com or email [email protected].

It is important to note that the class has not yet been certified. Until such certification occurs, you are not represented by an attorney in this case. Should you choose not to take action, you can remain an absent class member.

The Complaint claims that the Company made false and misleading statements regarding its operations. Specifically, it asserts that Net Power would likely fail to complete Project Permian on schedule and within budget due to supply chain constraints and various regional issues. The projections given by the Company concerning the necessary time and financial resources to finish Project Permian were unrealistic. Consequently, these delays and cost overruns have adversely affected the Company’s financial performance and overall business. As the truth came to light, investors experienced losses.

Participate in this case to recover your losses.

The Schall Law Firm represents investors globally and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may constitute Attorney Advertising in certain jurisdictions according to applicable laws and ethical regulations.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250421406426/en/

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]