Pomerantz Law Firm Probes Allegations of Fraud Against National Grid Investors
On July 17, 2025, Pomerantz LLP, a leading law firm with a long history of handling securities class actions, announced that it is currently investigating serious claims on behalf of investors of National Grid plc (NYSE: NGG). The focus of this inquiry revolves around whether National Grid, along with certain officers and directors, may have engaged in securities fraud or other unlawful practices that violate corporate governance standards.
This investigation comes in light of a significant incident that occurred earlier this year. On March 20, 2025, a fire broke out at an electrical substation owned by National Grid, which led to the shutdown of the critical Heathrow Airport for safety reasons. The aftermath saw an official report released by the United Kingdom's National Energy System Operator (NESO), revealing alarming details. It stated that the fire was a direct result of a fault in the substation that National Grid had known about since 2018 but had failed to address adequately.
As a consequence of the findings made by NESO, media channels reported that Heathrow Airport was contemplating legal action against National Grid, further intensifying scrutiny over the company's actions. Investors reacted to these developments swiftly; on July 2, 2025, the price of National Grid's American Depositary Receipts (ADRs) dropped by $3.77, marking a 5.07% decline to close at $70.61 per ADR.
Pomerantz LLP is urging any investors who may have suffered losses related to the investments in National Grid to reach out for legal support. Danielle Peyton can be contacted at [email protected] or via phone at 646-581-9980, ext. 7980, for more information on participating in the ongoing investigation.
Founded over 80 years ago by Abraham L. Pomerantz, the firm has established itself as a trailblazer in the field of class actions related to securities, corporate misconduct, and breaches of fiduciary duty. With offices spread across major global cities such as New York, Chicago, Los Angeles, London, and Paris, Pomerantz LLP continues to uphold its commitment to fighting for the rights of investors and receiving compensation for the harms caused by corporate malfeasance.
It is essential for shareholders of National Grid plc not only to remain informed about the developments related to this investigation but also to understand their rights and options in seeking justice. As legal proceedings can sometimes take time, engaging with professionals who are knowledgeable about securities laws is critical in ensuring that investors can navigate this challenging landscape effectively.
This unfolding situation serves as a potent reminder of the importance of corporate responsibility and transparency in public companies. For investors, staying aware of these events and potential impacts on their holdings is paramount, and it is advisable to consult with legal experts in cases of suspected misconduct by company executives.
As the investigation progresses, the Pomerantz Firm will provide updates and further guidance on how investors can protect their interests following this breach. The safety and integrity of the financial markets depend on vigilant actions from both regulatory bodies and investors alike, and during this critical time, it’s essential to remain proactive in seeking redress against large corporate entities that may skirt the law.