Napco Security Technologies (stocks/NSSC), Napco Security Technologies

Thesis: fraud, analyst: fuzzy-panda, sector: IT.

Explosive new lawsuit by former employees alleges accounting fraud and financial manipulation at Napco.
They say the fraud occurred for multiple years – and at the direction of the CFO.

The alleged fraud involved mis-categorizing COGS as inventory, and was “well-known within the company,” the lawsuit says.

More ... latest change: 2026-02-28

Last updated: 2026-03-07 by automated standardization process