Pomerantz LLP Investigates Potential Securities Claims Against NAPCO Security Technologies, Inc:
New York, NY – March 5, 2025 – Pomerantz LLP, a leading national securities law firm, is investigating potential securities claims on behalf of investors of NAPCO Security Technologies, Inc (“NAPCO” or the “Company”) (NASDAQ:NSSC).
The investigation concerns whether NAPCO and certain of its officers and/or directors have engaged in securities fraud, breached their fiduciary duties, or violated other state or federal laws.
Background
NAPCO is a leading provider of innovative, enterprise-grade security technology solutions for a wide range of industries, including multi-family residential, single-family residential, commercial, and industrial markets. The Company’s offerings include intrusion alarm systems, door access control systems, intercom systems, and video surveillance systems.
The Investigation
The investigation concerns whether NAPCO and certain of its executives and/or directors have made false and/or misleading statements and/or failed to disclose material information to the investing public.
Specifically, the investigation focuses on whether the Company and its executives and/or directors: (i) failed to disclose material information regarding the Company’s financial condition and prospects; (ii) misrepresented the Company’s business trends and prospects; and (iii) engaged in other unlawful business practices.
Effects on Investors
Investors who purchased or otherwise held NAPCO securities between [date 1] and [date 2] may be eligible to recover their losses, pursuant to securities laws.
Effects on the World
The potential securities fraud investigation against NAPCO could have significant implications for the security technology industry as a whole. If it is found that the Company and its executives and/or directors engaged in fraudulent or deceitful practices, it could deter investors from investing in similar companies and potentially lead to increased regulatory scrutiny of the industry.
Conclusion
Pomerantz LLP encourages investors with information regarding this investigation to contact the Firm, including any documents related to transactions in NAPCO securities. The investigation is ongoing, and the Firm has not reached a conclusion as to the merits of the alleged securities violations yet.
Investors may, but are not required to, contact the Firm before filing a claim. If you are a NAPCO investor or have information or would like to learn more about these claims, please contact Danielle Peyton at [email protected] or 646-581-9980, ext. 125.
This press release does not constitute a solicitation for the provision of legal services. It is for informational purposes only, and it does not constitute legal or investment advice or an offer to sell, or a solicitation of an offer to buy, any securities or related instruments.
Pomerantz LLP is a leading law firm with offices in New York, Chicago, Los Angeles, and Paris. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members in securities, antitrust, and consumer class actions.