NSSC Shareholders Have The Right To Lead The Napco Security Technologies, Inc. Securities Lawsuit - Contact The DJS Law Group To Discuss Your Rights - NSSC
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 .
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SOURCE DJS Law Group LLP
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