Rosen Law Firm Files Securities Fraud Lawsuit Against Netcapital Inc.
The Rosen Law Firm has filed a class action lawsuit against Netcapital Inc., alleging securities fraud. The lawsuit covers the period between December 2021 and September 2026.
NEW YORK – October 9, 2026 – The Rosen Law Firm announced it has filed a class action lawsuit against Netcapital Inc. (NASDAQ: NCPL). The suit alleges violations of securities laws concerning the company's securities traded between December 15, 2021, and September 3, 2026.
According to the lawsuit, Netcapital allegedly improperly recognized revenue from sham consulting agreements. These agreements were reportedly with entities controlled by a defendant and were allegedly backdated or forged. The suit also claims that related-party transactions were undisclosed and that Netcapital's certifications, including those under the Sarbanes-Oxley Act, were false.
The law firm is seeking investors who purchased Netcapital securities during the specified period and suffered losses. The firm states that compensation may be available without out-of-pocket fees. Investors wishing to serve as lead plaintiff must file a motion with the Court by December 7, 2026.
The lawsuit contends that the defendants' statements about Netcapital's business were materially false and misleading, causing damages to investors when the truth emerged. Rosen Law Firm specializes in securities class actions and represents investors worldwide.