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Key Details of the Venture Global, Inc. Lawsuit

The Gross Law Firm has recently called attention to a significant deadline for shareholders of Venture Global, Inc. (NYSE: VG). Those who acquired shares of the company during the specific class period are urged to take action before April 18, 2025, which marks the date for potential lead plaintiff applications in a pending lawsuit.

Understanding the Legal Background

The lawsuit is filed on behalf of all investors who bought stock in Venture Global, particularly during the time of its initial public offering (IPO) on January 24, 2025. According to the allegations within the complaint, Venture Global conducted its IPO by selling 70 million shares at a price of $24.00 each. However, shortly after this IPO, significant issues began to emerge, jeopardizing the company’s credibility and, potentially, its stock value.

On February 5, 2025, TotalEnergies, a prospective long-term customer, publicly declined an opportunity to enter into a supply contract with Venture Global. The CEO of TotalEnergies cited a lack of trust as the primary reason for this decision. Such a move from a significant industry player raised alarms within the investment community, as it suggested deeper issues may be affecting Venture Global’s operations and stakeholder relationships.

Implications for Venture Global's Shareholders

The troubles for Venture Global didn't stop with TotalEnergies. The company is facing hurdles from other major clients like BP and Shell, who are experiencing delays in obtaining the supply contracts necessary for its liquefied natural gas (LNG) distribution. The apparent failure of Venture Global to secure essential customer contracts raises concerns over the company's operational integrity, specifically regarding its capability to deliver LNG globally.

When companies present misleading statements in their registration documents, it can lead to significant repercussions for investors. In this scenario, the shortcomings highlighted in Venture Global's registration statement raised questions about the true state of the company's business prospects at the time of its IPO.

How Shareholders Can Participate

Interested shareholders are strongly encouraged to register for the class action lawsuit before the April 18 deadline. By doing so, they will be provided with portfolio monitoring services, which will deliver updates concerning the status of the case throughout its lifecycle. It’s crucial for investors to understand that registering for the lawsuit does not obligate them to participate as lead plaintiffs, and there’s no cost involved.

Steps to register can be taken through the following link: Venture Global Registration Form.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for its dedication to protecting the rights of investors from unethical business practices. Their mission is to ensure that companies are held accountable for any deceitful or fraudulent actions that detrimentally impact shareholders. With a track record of working effectively with investors to seek recoveries for losses incurred as a result of misleading statements, the firm emphasizes corporate accountability and responsible business conduct.

If you are a shareholder with concerns about your investment in Venture Global, this is a crucial moment to consider your options. Don't delay in acting, as your timely response could make a significant difference. For more information or assistance, you can reach the Gross Law Firm directly at:

• - Contact Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: info@grosslawfirm.com
• - Phone: (646) 453-8903

Investors need to stay informed and proactive to protect their interests, especially in turbulent market environments such as that facing Venture Global.