Shareholder rights law firm Johnson Fistel, PLLP is investigating potential violations of federal and state securities laws by certain officers and directors of Net Power Inc. (NYSE: NPWR). Shareholders who have held shares continuously since before certain cutoff dates may have standing to pursue corporate governance reform initiatives designed to protect the companies and investors from future harm resulting from alleged governance failures.

If you are a current, long-term shareholder continuously holding since before June 9, 2023, you may have standing to assist in reforming the Company’s corporate governance to prevent future wrongdoing.

Previously, a class action lawsuit was filed complaint alleging that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) NET Power was unlikely to complete Project Permian on schedule, and the project was likely to be significantly more expensive than defendants had represented, because of, among other things, supply chain issues and numerous site- and region-specific challenges; (ii) accordingly, defendants’ projections regarding the time and capital needed to complete Project Permian were unrealistic; and (iii) the increased time and capital needed to complete Project Permian were likely to have a significant negative impact on NET Power’s business and financial results.