
SAN DIEGO, March 10, 2025 (GLOBE NEWSWIRE) — Johnson Fistel, LLP is investigating whether NET Power Inc. (NYSE: NPWR) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.
What if I purchased NET Power securities? If you purchased securities and suffered losses on your investment, join our investigation now:
Click Here to Join the Investigation
Or for more information, contact Jim Baker at [email protected] or (619) 814-4471.
There is no cost or obligation to you.
What is Johnson Fistel Investigating? On March 10, 2025, NET Power released its financial results for the fourth quarter and full-year 2024 and provided a business update. The Company stated it had completed the Front-End Engineering and Design (FEED) for Project Permian, its first utility-scale project in West Texas, but the cost estimate turned out to be higher than anticipated. Consequently, the Company has paused long-lead releases for the project and is now undertaking a post-FEED optimization and value engineering exercise. Following this news, Net Power stock was trading down over 60% in early morning trading on March 10, 2025.
What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or [email protected].
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Colorado, and Idaho. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.
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Contact:
Johnson Fistel, LLP
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James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
[email protected] or [email protected]
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