Pomerantz Law Firm Investigates Potential Securities Fraud at New Fortress Energy Inc.

Pomerantz Law Firm Launches Investigation into New Fortress Energy Inc.

On June 1, 2025, Pomerantz LLP announced an investigation aimed at safeguarding the interests of investors in New Fortress Energy Inc. (NASDAQ: NFE), following alarming revelations regarding the company's financial performance.

The law firm is particularly focused on determining whether New Fortress and some of its executives have been involved in any fraudulent activities or unlawful business practices that may have impacted investor trust and market stability. Pomerantz LLP recommends that affected investors reach out to their team for guidance and assistance in potentially joining a class action lawsuit.

Financial Disclosures Raise Concerns

The investigation comes in the wake of New Fortress Energy's recent press release on May 14, 2025, which chronicled its financial outcomes for the first quarter of the year. Investors were shocked to learn that the company reported total revenues of only $470.5 million, a sharp decline from $690.3 million in the same quarter of the previous year. This alarming drop points to vulnerabilities within the company's operational strategy and raises questions about transparency and accountability from its leadership.

Additionally, New Fortress reported a staggering net loss of $197.4 million, translating to a loss of $0.73 per share. In stark contrast, the company was able to report a net income of $56.7 million, or $0.26 per share, during the same quarter in 2024. The news of these poor financial results triggered a significant decline in the company's stock prices, which plummeted by $4.27 per share—a staggering 62.98% drop—leading to a closing price of merely $4.27 on May 15, 2025.

Pomerantz LLP's Legacy in Investor Protection

Pomerantz LLP, with a rich history of over 85 years, has earned a stellar reputation as one of the foremost law firms specializing in corporate, securities, and antitrust class litigation. The firm was founded by Abraham L. Pomerantz, known for pioneering the field of securities class actions. Its commitment to fighting against corporate malfeasance, including securities fraud and breaches of fiduciary duty, has led to substantial recoveries for class members over the years.

The firm's proactive approach in securing justice for investors who have been misled or taken advantage of continues to be reflected in its ongoing efforts, including the current investigation into New Fortress Energy. An overwhelming priority remains in ensuring that victims of such corporate misconduct receive the compensatory damages they deserve.

Next Steps for Investors

Affected investors are encouraged to get in touch with Pomerantz LLP's Danielle Peyton at 646-581-9980, ext. 7980 or via email at [email protected] to discuss the situation further and explore options for participation in potential legal actions against New Fortress and its leadership.

As the investigation unfolds, many await additional insights that may arise as legal proceedings progress, providing a clearer picture of New Fortress Energy's business practices and the ramifications for its investors.

Important Note: This publication serves as attorney advertising and does not guarantee similar outcomes based on past results. Proper diligence and inquiry are recommended for all investors concerned about the ramifications of these developments.