Venture Global Investors Urged to Join Class Action Lawsuit Against Alleged Securities Fraud

Class Action Lawsuit Notification for Venture Global Investors

Levi & Korsinsky, LLP has reached out to investors of Venture Global, Inc. (NYSE: VG) to inform them about an ongoing class action lawsuit concerning alleged securities fraud. Investors who purchased shares during the company's recent initial public offering (IPO), which took place around January 24, 2025, may be eligible to join the legal action aimed at recovering financial losses.

The lawsuit is specifically for shareholders who bought stock that was sold under Venture's registration statement for its IPO. It is crucial for affected investors to act promptly, as the deadline to request court appointment as lead plaintiff is April 18, 2025.

Background of the Case

Venture Global, which specializes in liquefied natural gas (LNG) projects, completed its IPO on January 27, 2025, selling 70 million shares at a price of $24 each. However, just days later, the company faced significant setbacks when TotalEnergies, a prospective customer, declined a long-term supply contract. The rejection was based on statements made by the CEO of TotalEnergies, indicating a lack of trust in Venture Global's operations. This critical moment raised concerns that the company may have misled investors regarding its ability to secure contracts and deliver LNG efficiently.

Current issues with major customers such as BP and Shell reflect broader operational challenges for Venture. Delays in fulfilling supply contracts could jeopardize the future of its LNG export projects. Such situations raise the stakes for investors who relied on accurate information from the IPO registration statement, which is now under scrutiny for being potentially misleading.

What Investors Should Know

If you believe you have suffered a loss in your investment due to these circumstances, now is the time to consider joining this class action. This legal action will not require any out-of-pocket costs for class members and aims to hold Venture accountable for its alleged misrepresentations.

Investors can contact Levi & Korsinsky directly through email or phone for more information and guidance on how to proceed. The law firm has a reputable track record, having secured significant settlements for affected shareholders over the past two decades, and is known for its expertise in complex securities litigation.

How to Participate

1. Contact Details: Reach out to Joseph E. Levi, Esq. at Levi & Korsinsky, LLP for guidance about your investments and the lawsuit process.
2. Deadline: Make sure to act before the April 18, 2025 deadline if you wish to get involved as a lead plaintiff.
3. Cost: Participation in this class action comes without any financial obligation for active class members.

Conclusion

As the legal landscape unfolds, it is vital for affected investors of Venture Global to stay informed and consider their options with professional support. The potential for recovery in this class-action lawsuit could serve as an important avenue for justice against alleged corporate wrongdoing and misrepresentation. Investors are encouraged to reach out to Levi & Korsinsky to partake in this opportunity to assert their rights and potentially reclaim lost investments for crucial financial security.