Former Louisiana Attorney General issues shareholder alert for Net Power

A class action lawsuit has been filed against NET Power Inc. (NPWR). The lawsuit was filed by Kahn Swick & Foti, LLC, on behalf of shareholders who purchased NPWR securities between August 26, 2024, and April 8, 2025. The lawsuit alleges that NPWR made false and misleading statements that misled investors.

NET Power Inc. is a technology company that focuses on developing natural gas power plants. The company claims to have developed a new form of natural gas power generation that is environmentally friendly and more efficient than traditional methods. However, the lawsuit claims that NPWR made false statements about the capabilities of its technology, leading to inflated stock prices.

The lawsuit alleges that NPWR overstated the environmental benefits of its technology and downplayed the risks associated with its power plants. Additionally, the lawsuit claims that NPWR failed to disclose important information about the performance of its power plants, leading investors to believe that the technology was more advanced than it actually was.

As a result of these alleged false statements and omissions, investors who purchased NPWR securities between August 26, 2024, and April 8, 2025, suffered financial losses. The lawsuit seeks to recover damages for these investors and hold NPWR accountable for its actions.

Investors who purchased NPWR securities during the specified time period and suffered financial losses as a result of the alleged false statements may be eligible to participate in the class action lawsuit. Shareholders who wish to learn more about the lawsuit or participate in it should contact Kahn Swick & Foti, LLC for more information.

Class action lawsuits like the one against NPWR are designed to hold companies accountable for misleading investors and to recover damages for shareholders who have suffered as a result of these actions. By filing a class action lawsuit, shareholders can work together to seek justice and hold companies responsible for their actions.

If you believe that you are eligible to participate in the class action lawsuit against NET Power Inc. (NPWR), it is important to take action as soon as possible. By participating in the lawsuit, you may be able to recover financial losses and hold NPWR accountable for its alleged false statements and omissions. Contact Kahn Swick & Foti, LLC for more information on how to participate in the lawsuit and seek justice for your losses.