Class Action Announcement for Venture Global, Inc. Investors: A Securities Fraud Class Action Lawsuit Was Filed Against Venture Global, Inc.

Associated Press

24-02-2025

NEWMEDIAWIRE) - The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Venture Global, Inc. ('Venture') ( NYSE: VG) on behalf of those who purchased Venture common stock pursuant and/or traceable to Venture's registration statement and prospectus (collectively, the 'IPO Documents') for its initial public offering held on or about January 24, 2025. The lead plaintiff deadline is April 18, 2025.
CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
You can also contact attorney Jonathan Naji, Esq. by calling [phone] or by email at [email protected].
DEFENDANTS' ALLEGED MISCONDUCT:
The complaint alleges that, in the IPO Documents, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Venture's ability to deliver liquefied natural gas to the world and to continue development of its five natural gas liquefication and export projects depended on customer contracts; (2) Venture was facing legal challenges from existing large clients, such as BP and Shell, due to delays in supply contracts as it commissioned its projects; and (3) accordingly, Venture's business and/or financial prospects were overstated.
THE LEAD PLAINTIFF PROCESS:
Venture investors may, no later than April 18, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
[phone]
280 King of Prussia Road
Radnor, PA 19087
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