COMPANY |
Venture Global, Inc. |
COURT |
United States District Court for the Southern District of New York |
CASE NUMBER |
1:25-cv-01364 |
JUDGE |
The Hon. Paul Adam Engelmayer |
CLASS PERIOD |
January 24, 2025 through February 17, 2025 |
SECURITY TYPE |
Common Stock |
Case Background:
This is a class action lawsuit filed on behalf of those who purchased or otherwise acquired Venture Global, Inc. (“Venture”) (NYSE: VG) common stock pursuant and/or traceable to Venture’s registration statement and prospectus (collectively, the “IPO Documents”) for its initial public offering (“IPO”) held on or about January 24, 2025.
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 LNG 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.
Current Status of Case:
On July 25, 2025, the Court appointed Lead Plaintiffs and Lead Counsel. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.