Bronstein, Gewirtz & Grossman, LLC Investigates Potential Claims against Net Power Inc.
New York, NY – April 14, 2025
Bronstein, Gewirtz & Grossman, LLC is currently investigating potential claims on behalf of purchasers of NET Power Inc. (“Net Power” or “the Company”) following a series of allegations regarding the company’s business practices and financial reporting.
Background on Net Power Inc.
Net Power is a New York-based energy company that specializes in developing and implementing advanced gas power technologies. The company’s flagship product is the Allam Cycle, a patented carbon capture technology that aims to reduce greenhouse gas emissions from natural gas power plants. Net Power’s stock (NYSE:NPWR) has seen significant volatility in recent months, with shares trading at around $25 as of April 14, 2025.
Allegations against Net Power Inc.
The investigation by Bronstein, Gewirtz & Grossman, LLC was initiated following allegations that Net Power may have engaged in misleading financial reporting and other potentially fraudulent business practices. Specifically, some investors have raised concerns about the company’s revenue growth and profitability, as well as its ability to commercialize its Allam Cycle technology.
Investor Alert: Net Power Securities Class Action
Investors who purchased or acquired Net Power securities between [Date 1] and [Date 2] are encouraged to contact the firm to discuss their potential legal rights and options. The investigation concerns whether Net Power and certain of its officers and/or directors have violated federal securities laws.
Impact on Individual Investors
If the investigation reveals that Net Power and its executives have engaged in misleading financial reporting or other fraudulent practices, affected investors may be able to recover their losses through a securities class action lawsuit. Such a lawsuit could result in significant compensation for investors, as well as changes in the company’s business practices to prevent similar issues from arising in the future.
Impact on the World
The potential consequences of this investigation extend beyond Net Power’s investors. The company’s Allam Cycle technology is seen as a crucial step towards reducing greenhouse gas emissions from natural gas power plants. If the allegations against Net Power are proven true, it could damage the reputation of the technology and slow its adoption, potentially setting back efforts to combat climate change.
Conclusion
Bronstein, Gewirtz & Grossman, LLC is dedicated to ensuring that companies adhere to ethical business practices and provide accurate financial reporting to their investors. The investigation into Net Power is a prime example of the firm’s commitment to this mission. As the investigation progresses, affected investors are encouraged to visit bgandg.com/NPWR for updates and to discuss their potential legal rights and options.
- Net Power Inc. is under investigation for potential financial reporting and business practice irregularities.
- Bronstein, Gewirtz & Grossman, LLC is representing affected investors in a potential securities class action lawsuit.
- Individual investors may be able to recover losses if the investigation reveals fraudulent practices.
- The impact of the investigation extends beyond Net Power’s investors, potentially slowing the adoption of the Allam Cycle technology and hindering efforts to combat climate change.
