11thestate
Sep 14, 12:56 PM
Everything you need to know about the NAPCO Security Technologies (
$NSSC) Settlement
Q: What happened?
A: NAPCO was accused of overstating its inventory and net income for three consecutive quarters in fiscal 2023. The company later announced it would restate its financials, and
$NSSC fell more than 45% in a single trading day. Investors then filed a lawsuit over the alleged misstatements.
Q: Am I actually eligible?
A: If you bought
$NSSC shares between 2022 and 2023, you’re likely eligible. You don’t need to hold the stock still to participate; past losses count
Q: How much will I actually get?
A: There is currently no estimated payout per share. The settlement terms are still being finalized, so the final amount will depend on the approved settlement and eligible claims.
Q: When do payouts happen?
A: Typically, within 4–9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
Check if you're eligible and file a claim:https://11th.com/cases/napco-investor-settlement
0 replies