NSSC Deadline Today: Rosen Law Firm Urges NAPCO Security Technologies, Inc. (NASDAQ: NSSC) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--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.
For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.
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.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
18 minutes ago
- Yahoo
Baker Hughes to Acquire Continental Disc Corporation
Baker Hughes Company (NASDAQ:BKR) is one of the 12 Best Natural Gas Stocks to Buy According to Analysts. A drilling rig on a remote oilfield, its tower silhouetted against a setting sunset. Baker Hughes Company (NASDAQ:BKR) recently announced that it has agreed to acquire Continental Disc Corporation, a leading provider of safety-critical pressure management solutions, in an all-cash transaction for approximately $540 million. The transaction is set to close in the fourth quarter of 2025, pending customary conditions and regulatory approvals. Lorenzo Simonelli, Chairman and CEO at Baker Hughes Company (NASDAQ:BKR), stated: 'We are excited to enhance our industrial portfolio and expand our addressable market with the addition of CDC's well-established critical pressure management solutions. Together with the recently announced SPC and PSI transactions, this acquisition sets the blueprint for our portfolio optimization strategy – focused on driving higher returns and creating long-term value for our shareholders.' Baker Hughes Company (NASDAQ:BKR) is heavily involved in the natural gas sector, particularly in LNG and gas processing. Last month, the company announced an award from Frontier Infrastructure Holdings for 16 NovaLT™ gas turbines to power its data center projects in Wyoming and Texas, delivering up to 270 MW of efficient, reliable power. Earlier this year, Baker Hughes also signed an agreement with Venture Global to support its LNG projects in the United States with technology and equipment. The energy technology firm also finalized a services frame agreement to support phases 1 and 2 of Venture Global's Plaquemines LNG project in Louisiana. Baker Hughes Company (NASDAQ:BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide. While we acknowledge the potential of BKR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18 minutes ago
- Yahoo
OneSpan (OSPN) Outperforms Broader Market: What You Need to Know
In the latest trading session, OneSpan (OSPN) closed at $15.82, marking a +1.87% move from the previous day. This change outpaced the S&P 500's 1.11% gain on the day. At the same time, the Dow added 1.19%, and the tech-heavy Nasdaq gained 1.43%. Coming into today, shares of the internet security company had lost 1.74% in the past month. In that same time, the Computer and Technology sector gained 5.67%, while the S&P 500 gained 3.92%. Market participants will be closely following the financial results of OneSpan in its upcoming release. The company is predicted to post an EPS of $0.27, indicating a 12.9% decline compared to the equivalent quarter last year. OSPN's full-year Zacks Consensus Estimates are calling for earnings of $1.45 per share and revenue of $0 million. These results would represent year-over-year changes of +9.85% and 0%, respectively. It's also important for investors to be aware of any recent modifications to analyst estimates for OneSpan. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. OneSpan is currently sporting a Zacks Rank of #2 (Buy). Looking at valuation, OneSpan is presently trading at a Forward P/E ratio of 10.71. This signifies a discount in comparison to the average Forward P/E of 28 for its industry. The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 46, putting it in the top 19% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow OSPN in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ONESPAN INC (OSPN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
18 minutes ago
- Yahoo
ON Semiconductor Corp. (ON) Outperforms Broader Market: What You Need to Know
ON Semiconductor Corp. (ON) closed the most recent trading day at $54.21, moving +1.95% from the previous trading session. The stock outpaced the S&P 500's daily gain of 1.11%. Meanwhile, the Dow experienced a rise of 1.19%, and the technology-dominated Nasdaq saw an increase of 1.43%. The stock of semiconductor components maker has risen by 28.83% in the past month, leading the Computer and Technology sector's gain of 5.67% and the S&P 500's gain of 3.92%. The investment community will be paying close attention to the earnings performance of ON Semiconductor Corp. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.54, reflecting a 43.75% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $1.45 billion, showing a 16.44% drop compared to the year-ago quarter. ON's full-year Zacks Consensus Estimates are calling for earnings of $2.31 per share and revenue of $5.9 billion. These results would represent year-over-year changes of -41.96% and -16.64%, respectively. Investors should also note any recent changes to analyst estimates for ON Semiconductor Corp. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.61% lower. Currently, ON Semiconductor Corp. is carrying a Zacks Rank of #3 (Hold). Looking at its valuation, ON Semiconductor Corp. is holding a Forward P/E ratio of 23.02. Its industry sports an average Forward P/E of 40.03, so one might conclude that ON Semiconductor Corp. is trading at a discount comparatively. Investors should also note that ON has a PEG ratio of 4.34 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Semiconductor - Analog and Mixed industry had an average PEG ratio of 2.11. The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 96, this industry ranks in the top 40% of all industries, numbering over 250. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ON Semiconductor Corporation (ON) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
