Kessler Topaz Meltzer & Check, LLP Announces Class Action Lawsuit Against Venture Global, Inc.

RADNOR, Pa., March 15, 2025 (GLOBE NEWSWIRE) -- The law firm Kessler Topaz Meltzer & Check, LLP has announced that a securities class action lawsuit has been initiated in the United States District Court for the Southern District of New York against Venture Global, Inc. ("Venture") on behalf of investors who purchased stock in the company under its registration statement and associated prospectus (referred to as the "IPO Documents") for its initial public offering that took place on approximately January 24, 2025. The deadline for appointing a lead plaintiff is April 18, 2025.

Contact Information:

Interested parties can reach attorney Jonathan Naji, Esq. at (484) 270-1453 or via email at [email protected].

Details of Allegations

The complaint asserts that the defendants made misleading statements or omitting critical details in the IPO Documents. Specifically, it alleges that: (1) Venture's capacity to supply liquefied natural gas to global markets and its continued development of five liquefaction and export projects was contingent upon customer contracts; (2) the company faced legal issues from major clients such as BP and Shell, attributed to delays in supply contracts as they work on commissioning their projects; and (3) thus, the business and financial outlook presented by Venture was exaggerated.

What to Expect as a Lead Plaintiff

Investors in Venture may choose to act as lead plaintiffs in this class action by applying through Kessler Topaz Meltzer & Check, LLP or another legal representative before the April 18 deadline. A lead plaintiff represents the interests of all class members and typically is the investor or group of investors with the highest financial stake who are considered typical and adequate representatives of the investor class. The selected lead plaintiff will also select attorneys to represent the class, pending court approval. Whether or not an investor decides to take on the lead plaintiff role does not influence their ability to receive any potential recovery from the lawsuit.

Kessler Topaz Meltzer & Check, LLP invites Venture investors who have incurred substantial losses to contact their office directly for additional information regarding this lawsuit.

To sign up for the case, please follow this link: Sign Up

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is engaged in prosecuting class actions in both state and federal courts across the United States and internationally. The firm is renowned for its successful recovery efforts for victims affected by fraud and various forms of corporate misconduct. Their primary objective is to defend the rights of investors, consumers, employees, and others against business-related misconduct and negligence. The complaint regarding these allegations was not filed by Kessler Topaz Meltzer & Check, LLP. For further details about the firm, please visit their website.

Contact Information

Kessler Topaz Meltzer & Check, LLP

Jonathan Naji, Esq.

(484) 270-1453

280 King of Prussia Road

Radnor, PA 19087

[email protected]

This content may be considered attorney advertising in certain jurisdictions. Previous outcomes do not assure future results.

lawsuit, Venture, investors