Attention Venture Global, Inc. Shareholders: Important Legal Notice from The Gross Law Firm

Important Notice for Shareholders of Venture Global, Inc.

In a recent communication from The Gross Law Firm, shareholders of Venture Global, Inc. (traded on NYSE under VG) have been advised to take immediate action regarding potential claims related to the company's initial public offering (IPO). The law firm is urging those who acquired shares during the designated class period to get in touch before the deadline on April 18, 2025.

Details of the Class Action

The Gross Law Firm is spearheading legal efforts on behalf of shareholders impacted by the events surrounding Venture's IPO that took place on January 27, 2025. During this offering, the company sold a substantial 70 million shares at a price of $24.00 each. Unfortunately, shortly thereafter, Venture faced significant setbacks when TotalEnergies, a prospective customer, declined to proceed with a long-term supply contract due to perceived issues of trustworthiness with the company’s operations.

This decline is particularly alarming given TotalEnergies's interest in contracting for liquefied natural gas (LNG) supplies from Venture’s Calcasieu Pass terminal in Louisiana. Their CEO's public remarks about the decision suggest deeper concerns related to Venture's business practices and operations.

In addition to this, existing client relationships with major players like BP and Shell are under strain due to contractual delays that Venture is experiencing as they seek to finalize their projects. According to the lawsuit, these shortcomings have resulted in misleading statements that were included in the company’s registration statement at the time of the IPO, thus affecting shareholder interests adversely.

Why You Should Register

The deadline for shareholders to register as part of this class action suit is fast approaching. It’s essential to note that you do not need to become the lead plaintiff to qualify for any potential recoveries from this case. Registering ensures shareholders receive valuable updates and monitoring concerning the status of the litigation. By enrolling, you will gain access to a portfolio monitoring service that will keep you informed throughout the legal proceedings.

How to Proceed

To ensure your voice is heard, shareholders are encouraged to visit the provided registration link and fill out the necessary information. You will be part of a community that seeks transparency and accountability from Venture Global for the challenges that have arisen from its IPO practices.

The Role of The Gross Law Firm

The Gross Law Firm is a well-respected institution known for advocating on behalf of investors who have suffered from deceptive practices. Their mission centers on ensuring corporate conduct adheres to ethical standards, protecting investor rights, and holding companies accountable for misleading information. If you believe you have been impacted by the events surrounding Venture Global, this is a critical moment to act. As stated by the firm, participation in this case comes at no cost or obligation to the shareholder.

Conclusion

Given the potential complexities of this case and the implications for shareholders, it’s crucial to take action swiftly. The Gross Law Firm remains committed to fighting for those who have been affected by market irregularities, fraud, and misdemeanors in corporate governance. Don’t let the chance to advocate for your rights slip away; contact them before the looming deadline on April 18, 2025.

For further inquiries, shareholders can reach The Gross Law Firm at their office located at 15 West 38th Street, 12th floor, New York, NY, 10018. Email inquiries can also be directed to [email protected], or by phone at (646) 453-8903.