Investors Urged to Act: Faruqi & Faruqi, LLP Investigates Venture Losses

A Call to Action for Venture Investors

Faruqi & Faruqi, LLP, a prominent national securities law firm, has announced an active investigation into potential claims on behalf of investors in Venture Global, Inc. As legal hurdles mount for the company, those who suffered losses exceeding $75,000 are being encouraged to reach out.

Investigative Focus

Venture, recognized under the NYSE ticker VG, is currently facing legal challenges due to delays in fulfilling supply contracts with major clients, including BP and Shell. These delays have raised serious concerns about the company’s ability to deliver liquefied natural gas (LNG) globally, a critical factor for the development of Venture's five liquefaction and export projects. Given these complications, many believe that information contained in the company's registration statement issued during its initial public offering (IPO) may have been misleading or false.

Venture went public on January 27, 2025, offering 70 million shares priced at $24.00 each. However, just days later, on February 5, 2025, the energy giant TotalEnergies, a potential customer, publicly rejected a long-term supply proposal from Venture. CEO Patrick Pouyanné expressed a lack of trust, which resulted in an immediate decline in Venture's stock price, plummeting from $19.68 to $17.48 within a day.

This series of events has prompted Faruqi & Faruqi to remind investors of an impending April 18, 2025, deadline to take action to become lead plaintiffs in a federal securities class action lawsuit against Venture. The lead plaintiff typically represents the interests of all investors affected, directing the course of the litigation.

Protecting Investors' Rights

It is crucial for affected investors to understand their legal rights regarding this situation. Josh Wilson, a partner at Faruqi & Faruqi, is committed to offering guidance and can be directly contacted for discussions regarding legal options. The firm also encourages whistleblowers, former employees, and shareholders who possess any relevant information to come forward.

Faruqi & Faruqi's dedication to defending investors' rights has led to the recovery of hundreds of millions of dollars since its inception in 1995. The firm operates across multiple states, including New York, Pennsylvania, California, and Georgia, proving their extensive reach and commitment to public service.

Next Steps for Investors

Investors who acquired stock through Venture's IPO or could potentially be part of the class action should not hesitate to engage with Faruqi & Faruqi for assistance. By acting promptly, individuals can help shape the litigation and potentially recover any losses incurred due to the alleged misrepresentation by the company.

For more information about the class action against Venture Global, LLC, and to connect with Josh Wilson, interested parties can visit Faruqi & Faruqi's website or call the firm directly at 877-247-4292.

Staying informed and proactive is essential in navigating the complexities of securities law, and the implications for those affected by Venture’s recent legal troubles cannot be underestimated. The April 18 deadline is approaching, and time is of the essence for investors seeking justice and accountability.