Class Action Lawsuit Filed Against Venture Global, Inc.: What Does It Mean for Investors and the World?
New York, NY – April 14, 2025
Pomerantz LLP, a leading national securities law firm, announces the filing of a class action lawsuit against Venture Global, Inc. (“Venture Global” or the “Company”) (NYSE: VG) on behalf of a class of investors or other persons or entities who purchased or otherwise acquired Venture Global securities between February 26, 2021, and March 25, 2025, inclusive (the “Class Period”).
Allegations Against Venture Global, Inc.
The complaint alleges that throughout the Class Period, Venture Global made materially false and misleading statements regarding its business, operations, and compliance policies. Specifically, the Company made false and/or misleading statements and/or failed to disclose:
- Deficiencies in its internal control over financial reporting;
- Inadequate disclosures regarding its financial condition;
- Failure to disclose related party transactions;
- Failure to disclose the true financial condition of certain of its subsidiaries;
- Failure to disclose the impact of certain regulatory developments on its business and operations.
Impact on Investors
As a result of these alleged false statements, Venture Global investors have suffered significant losses. The Company’s stock price dropped significantly following the disclosure of the alleged misconduct, causing harm to investors.
Impact on the World
The filing of this class action lawsuit against Venture Global may have far-reaching consequences for the LNG industry as a whole. The allegations of misconduct and financial mismanagement made against the Company may lead to increased scrutiny and regulatory action, potentially affecting other LNG companies and their investors.
What Should Investors Do?
Investors who purchased Venture Global securities during the Class Period may be eligible to recover their losses. Those who wish to learn more about the class action lawsuit and how to participate should contact Danielle Peyton at [email protected] or call 646-581-9980 (or toll-free at 888.4-POMLAW, Ext. 1985).
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class action litigation. Founded in 1971, the Pomerantz Firm pioneered the field of securities class action litigation and has recovered numerous multimillion-dollar damages on behalf of defrauded investors.
Conclusion
The filing of a class action lawsuit against Venture Global, Inc. is a serious development for investors in the LNG industry. The allegations of financial mismanagement and misrepresentation made against the Company may lead to increased scrutiny and regulatory action, potentially affecting other LNG companies and their investors. Investors who purchased Venture Global securities during the Class Period and suffered losses are encouraged to contact the Pomerantz Firm for more information about the class action lawsuit and their potential recovery.
It is important to note that the information provided herein is for informational purposes only and should not be considered legal advice. The Pomerantz Firm makes no representations or warranties with respect to the accuracy or completeness of the content of this press release.
