Important Information for Venture Global, Inc. (VG) Stock Purchasers: Securities Class Action Lawsuit
New York, March 20, 2025 – Rosen Law Firm, a global investor rights law firm, alerts investors that purchasers of Venture Global, Inc. (VG) securities pursuant and/or traceable to the Company’s registration statement for the initial public offering conducted on or about January 24, 2025 (the “IPO”), may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The deadline to move for lead plaintiff in this securities class action is April 18, 2025.
Background
Venture Global, Inc. is a long-term producer and provider of Liquefied Natural Gas (LNG). The Company’s primary assets include the Calcasieu Pass LNG export facility in Louisiana, USA, and the Plaquemines LNG export facility in Louisiana, USA. The Company went public through an IPO on January 24, 2025.
Securities Class Action Lawsuit
The securities class action lawsuit alleges that Venture Global and certain of its executives and directors made false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s business, operations, and financial condition, including:
- Underestimation of the costs and time required to construct and commission the Calcasieu Pass LNG export facility.
- Failure to disclose that the Company was experiencing delays in the construction of the Calcasieu Pass LNG export facility, which would impact the Company’s ability to meet its production timeline and generate revenue.
- Failure to disclose that the Company was experiencing delays and issues with the construction of the Plaquemines LNG export facility, which would impact the Company’s ability to meet its production timeline and generate revenue.
What Does This Mean for Venture Global Stockholders?
If you purchased Venture Global, Inc. securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The lead plaintiff deadline is April 18, 2025. The Rosen Law Firm encourages you to contact the firm as soon as possible to discuss your potential recovery options.
What Does This Mean for the World?
The securities class action lawsuit against Venture Global, Inc. is an important development for investors in the LNG industry and beyond. It highlights the importance of accurate and transparent disclosures by public companies and the role of securities class action lawsuits in holding companies accountable for misrepresentations and omissions. The outcome of this lawsuit could have significant implications for the LNG industry and investor confidence in public companies.
Conclusion
If you purchased Venture Global, Inc. securities during the Class Period and believe that you have suffered a loss as a result of the Company’s misrepresentations and omissions, you may be entitled to compensation. The Rosen Law Firm encourages you to contact the firm as soon as possible to discuss your potential recovery options. The deadline to move for lead plaintiff is April 18, 2025.
The securities class action lawsuit against Venture Global, Inc. is an important reminder of the need for accurate and transparent disclosures by public companies. The outcome of this lawsuit could have significant implications for the LNG industry and investor confidence in public companies. Stay tuned for updates on this developing story.
