Napco Security Technologies, Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
The investigation is centered on whether the Company made false and/or misleading statements or failed to disclose information important to investors. Napco is featured in an article published by Investing.com on February 3, 2025, titled: “NAPCO Security stock tumbles after Q2 sales decline.” According to the article, Napco’s stock dropped by 27% following the release of its fiscal 2025 second-quarter results, which showed a decline in net sales and diluted earnings per share (EPS) compared to the same quarter last year.
The article further explains that Richard Soloway, Chairman and CEO, attributed the revenue shortfall in equipment to weak sales in intrusion and access alarm products and door locking devices. The company highlighted issues with two of its larger distributors: one reduced its purchases to lower inventory levels, and the other experienced a management restructuring that delayed transaction approvals. Despite the disappointing sales results, Soloway expressed optimism about potential future improvements.
