NSSC Shareholders Have the Right to Lead the Napco Security Technologies, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - NSSC
NSSC Shareholders Have the Right to Lead the Napco Security Technologies, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - NSSC |
| [06-June-2025] |
LOS ANGELES, June 6, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Napco Security Technologies, Inc. ("Napco" or "the Company") (NASDAQ: NSSC) for violations of the federal securities laws.
Shareholders who purchased the Company's securities between February 5, 2024, and February 3, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before June 24, 2025. CASE DETAILS: The complaint alleges that the Company made false and misleading statements to the market concerning whether Napco expressed confidence in its growth projections based on customer demand for hardware products. The Company announced financial results for the second quarter on February 3, 2025, revealing a reduction of sales for hardware products despite its previous optimism. The Company blamed this sales shortfall on "reduced sales from 2 of the company's larger distributors." The Company then pulled back their long-term EBITDA margin target of 45%, explaining it "didn't know" if the target was achievable. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1 Eastchester, NY 10709 Phone: 914-206-9742 Email: David@djslawllp.com
SOURCE DJS Law Group LLP | ||
Company Codes: NASDAQ-NMS:NSSC |
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