#USA #New York #Class Action #Securities Fraud #Venture Global

Class Action Lawsuit Against Venture Global, Inc.

On April 8, 2025, Levi & Korsinsky, LLP announced a significant legal development affecting investors in Venture Global, Inc. (NYSE: VG). The firm is currently pursuing a class action securities lawsuit on behalf of shareholders who suffered losses due to alleged fraudulent activities associated with the company's Initial Public Offering (IPO).

Understanding the Class Action

The class action lawsuit aims to recover financial losses incurred by investors who purchased shares linked to Venture’s registration statement during its IPO, which occurred around January 24, 2025. This notification serves to inform all shareholders of their rights and the steps necessary to join the lawsuit by the deadline of April 18, 2025. Investors looking to participate can find more information through a designated link or contact the firm directly for assistance.

Background of the Allegations

Venture Global, Inc. completed its IPO on January 27, 2025, issuing 70 million shares at a price of $24.00 each. However, complications arose shortly thereafter when TotalEnergies, a key prospective customer for Venture's liquefied natural gas (LNG), publicly cited a lack of trust and rejected offers from Venture to establish a long-term supply relationship. This decision significantly impacted stakeholders and raised red flags regarding the company's operational credibility.

The issue escalated further as Venture faced legal challenges from major clients like BP and Shell, which claimed that delays in supply contracts were affecting their ongoing projects. Such developments raised serious concerns regarding Venture's ability to meet customer demands and fulfill its commitments regarding LNG exports, leading to claims that the statements made in the company’s registration documents were misleading.

Importance of Acting Now

Investors must act quickly if they believe they have lost money due to these alleged discrepancies. The deadline of April 18, 2025, marks the last opportunity for affected investors to assert their rights and have a chance at potential compensation. While it is not mandatory to be a lead plaintiff to qualify for any financial recovery, those interested in taking a more active role in the proceedings should reach out to Levi & Korsinsky for guidance.

No Upfront Costs for Participants

One of the significant advantages of this class action is that it poses no financial risk to the participants. If you’re a class member, there are no out-of-pocket costs or fees to join the lawsuit, making it a viable option for investors looking to seek justice without bearing additional financial burden.

Levi & Korsinsky’s Track Record

Levi & Korsinsky has built a solid reputation over the past two decades, successfully securing substantial settlements for shareholders impacted by corporate misconduct. With a dedicated team of over 70 professionals specializing in complex securities litigations, the firm is recognized as one of the leading advocates for investors in class action cases in the United States.

Contact Information

For further details, investors can reach out to:

• - Joseph E. Levi, Esq. or Ed Korsinsky, Esq.

Levi & Korsinsky, LLP
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: info@zlk.com
Phone: (212) 363-7500
Fax: (212) 363-7171
Website: www.zlk.com

Stay informed and take necessary steps to protect your investments before the crucial deadline passes. The legal landscape surrounding corporate operations and investor rights continues to evolve, making awareness and proactive measures essential for those impacted by such allegations.