Shareholders who lost money in shares of acquired Netcapital Inc. (NASDAQ: NCPL) should contact Wolf Haldenstein ImmediatelyNEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”), a nationally recognized securities litigation law firm, announces that a class action lawsuit has been filed on behalf of purchasers of securities of Netcapital Inc. (NASDAQ: NCPL) (“Netcapital” or the “Company”) between December 15, 2021 and September 3, 2026, both dates inclusive (the Class Period). Investors who purchased Netcapital shares during the class period and suffered losses may be eligible to participate in the case, with the lead-plaintiff deadline set for December 7, 2026 PLEASE CLICK HERE TO SUBMIT CONTACT AND TRADE INFORMATION According to the filed complaint, defendants made false and/or misleading statements and/or failed to disclose that: Over the Class Period, Netcapital improperly recognized material revenues from what were sham consulting agreements with entities controlled by Defendant John Fanning; The consulting agreements were backdated and, in some cases, forged, and Netcapital Advisors provided little if any meaningful consulting services; The Portfolio Company transactions were improperly undisclosed related party transactions involving John Fanning; Netcapital's certifications pursuant to the Sarbanes-Oxley Act of 2002 were false; and As a result, defendants' statements about Netcapital's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
GlobeNewsWire10/14/2026Neutral