Shareholders who lost money in shares of acquired Netcapital Inc. (NASDAQ: NCPL) should contact Wolf Haldenstein Immediately
Globe Newswire•19/10/2026•11:56 ET
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Key Highlights
- ➤SEC filed fraud complaint against Netcapital over sham revenue agreements
- ➤Netcapital stock fell 12.8% to $0.3501 after SEC complaint news
- ➤Auditor Fruci & Associates resigned; shares declined 28.6% to $0.228
- ➤Director Avi Liss resigned citing serious allegations; shares fell 13.1% further
Expert Statements
Avi Liss, Former Netcapital director
“in light of the serious allegations recently asserted against the Company and certain current and former officers, directors, and other individuals”
NEW YORK, Oct. 19, 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
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