#United States #New York #Gross Law Firm #Venture Global #NYSE VG

Investor Update from The Gross Law Firm

The Gross Law Firm has reached out to shareholders of Venture Global, Inc. (NYSE: VG) to alert them about an ongoing class action lawsuit. The firm is inviting affected investors to consider joining the case, especially those who purchased shares during the initial public offering period on January 24, 2025.

Key Details

• - Class Period: This lawsuit covers shareholders who acquired shares of VG according to its registration statement for the initial public offering held around January 24, 2025.
• - Allegations: The lawsuit arises from a complaint asserting that Venture Global's initial public offering was flawed due to misleading statements. The company offered 70 million shares at a price of $24 each on January 27, 2025. Subsequently, TotalEnergies, a significant customer, declined a long-term supply contract, raising concerns about the firm’s reliability and business practices. In fact, the CEO of TotalEnergies cited a lack of trust in Venture Global. Furthermore, existing clients like BP and Shell are reportedly facing legal issues connected to delays in their supply agreements, adding to the challenges surrounding Venture's business operations.

These complications could indicate that the company’s communications during the IPO were misleading, failing to adequately disclose risks associated with its ability to fulfill contracts.

Important Deadline

Shareholders who wish to participate in this class action must register by April 18, 2025. It is essential that affected investors act quickly to ensure their interests are protected.

Next Steps for Shareholders

Once registered, shareholders will gain access to portfolio monitoring services which will keep them informed about the current status of the case. Participating as a lead plaintiff is not a requisite for recovery under this class action lawsuit.

The Gross Law Firm is a distinguished class action firm that aims to uphold the rights of investors who have experienced losses due to misleading business practices. Their dedication to ensuring responsible corporate conduct drives their mission to support shareholders in recovering damages incurred from deceptive practices.

Why Choose The Gross Law Firm?

With a longstanding reputation in class action lawsuits, the Gross Law Firm is dedicated to investigating claims like those pertaining to Venture Global, where fraud and negligence may have led to investor losses. They emphasize the importance of transparency and accountability in corporate operations.

If you believe you qualify to join this lawsuit or seek more information about your rights as an investor, contact The Gross Law Firm promptly:

Contact Information:
The Gross Law Firm
15 West 38th Street, 12th Floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903

Participating in this lawsuit could be a crucial step in recovering losses. Don't miss the opportunity to hold companies accountable for their actions.