NET Power, Inc. Class Action Lawsuit - NPWR

The filed complaint alleges that NET Power, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Net Power was unlikely to complete its first utility-scale plant, 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; (ii) accordingly, defendants’ projections regarding the time and capital needed to complete Project Permian were unrealistic; (iii) 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 (iv) as a result, defendants’ public statements were materially false and misleading at all relevant times.

In order to be eligible to join the NPWR class action lawsuit, you must have incurred a loss on shares of NET Power, Inc. purchased during the class period listed above.

If you suffered a loss in NET Power, Inc. during the relevant time frame or pursuant to the relevant offering(s), 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 a lead plaintiff.