Napco Security Technologies Inc.

Allegations that Napco Security Technologies Inc. and two individual defendants made false statements and omitted material facts that artificially inflated the company's stock price, causing investor losses.

Napco Security Technologies Inc. has agreed to a $20 million settlement to resolve a securities class action lawsuit. The lawsuit alleged that the company, Richard L. Soloway, and Kevin S. Buchel made false statements and omitted material facts, artificially inflating Napco's stock price. Investors who purchased or acquired Napco common stock between November 7, 2022, and August 18, 2023, and suffered damages may be eligible for a cash payment. The estimated average recovery is approximately $1.23 per share before deductions. Claims can be filed online or by mail, with a deadline of December 28, 2026. Proof of holdings and transactions is required.

You may be eligible if you:

• All persons and entities who purchased or otherwise acquired Napco Security Technologies Inc. common stock between Nov. 7, 2022, and Aug. 18, 2023, inclusive, and suffered damages...
• Claimants with an overall market gain on their class-period Napco trades will have a recognized claim of zero.

• Basic contact information
• Dates tied to your purchase or account activity
• Proof of purchase or supporting documents

If you do not have every document, you may still be able to file. Many settlements accept claims without receipts.

• File a claim online at https://veritaconnect.com/NAPCOSecuritiesSettlement/ or download, print, and complete the PDF claim form and mail it...
• Provide the last four digits of your Social Security number or taxpayer identification number.
• Submit holdings and transaction information, including number of shares held, trade dates, and purchase/sale prices.
• Provide supporting documentation such as broker confirmation slips or account statements.