Corporate$NCPL5:09 PM ET

Netcapital faces securities fraud lawsuit over alleged sham consulting agreements

By BORSA NewsroomPublished Nov 3, 2026, 5:09 PM ESTUpdated Nov 3, 2026, 5:09 PM EST

Rosen Law Firm announced a securities fraud class action against Netcapital (NCPL). The suit claims the company recognized revenue from sham consulting deals with CEO John Fanning's entities, backdated agreements, and failed to disclose related-party transactions. Lead plaintiff deadline is December 7, 2026.

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WHAT WE KNOW

Rosen Law Firm reminds investors of December 7, 2026 lead plaintiff deadline.