August 07, 2026
Net Power Inc. has asked a North Carolina federal court to free it from a shareholder's proposed class action accusing it of misleading the public about known problems with a power plant project in Texas, saying the construction updates issued by the defendants are not evidence of securities fraud.
April 21, 2025
An investor hit Net Power Inc. with a proposed class action claiming that it and its executives misled the public about known problems with a power plant project in Texas, artificially inflating the company's stock price until those issues came to light and led to multiple stock drops.