Napco Security: Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Napco Security Technologies, Inc. (NSSC)

NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of all persons or entities who purchased or otherwise acquired Napco Security Technologies, Inc. ("Napco" or the "Company") (NASDAQ:NSSC) securities between February 5, 2024 and February 3, 2025, inclusive (the "Class Period"). The lawsuit seeks to recover damages for the Company's investors under the federal securities laws. The Complaint alleges that Defendants provided investors with material information concerning Napco's overall expected growth and strength in the Company's hardware division. The Complaint continues to allege that Defendants' statements included, among other things, confidence in Napco's ability to achieve its fiscal 2026 growth projections based on its ability to both appropriately forecast and execute upon the alleged demand for its hardware products.The Complaint alleges that Defendants ...Full story available on Benzinga.com