Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of NAPCO Security Technologies, Inc. (NASDAQ: NSSC) securities between February 5, 2024 and February 3, 2025, both dates inclusive (the “Class Period”). NAPCO develops, manufactures, and sells security devices and provides cellular communication services for intrusion and fire alarm systems.

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The Allegations: Rosen Law Firm is Investigating the Allegations that NAPCO Security Technologies, Inc. (NASDAQ: NSSC) Misled Investors Regarding its Business Operations.

According to the lawsuit, throughout the Class Period, defendants made false and misleading statements. Specifically, they created the false impression that they possessed reliable information pertaining to NAPCO’s projected revenue outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations. In truth, NAPCO’s optimistic margin growth goals and demand reassurances for NAPCO’s hardware sales fell short of reality; NAPCO was simply not equipped to adequately forecast demand for its products or otherwise minimized the impact of potential demand fluctuations to continue to promote its lofty margin projections which relied upon continually increased sales volumes. When the true details entered the market, the lawsuit claims that investors suffered damages.

What Now: You may be eligible to participate in the class action against NAPCO Security Technologies, Inc. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by June 24, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $1 billion for shareholders.

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