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Johnson Fistel Launches Class Action Lawsuit Against Venture Global, Inc.

Published March 6, 2025

SAN DIEGO, March 06, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has announced the initiation of a class action lawsuit on behalf of investors of Venture Global, Inc. (NYSE: VG). This lawsuit is aimed at investors who purchased securities connected to Venture Global's registration statement during its initial public offering (IPO), which took place on or about January 24, 2025.

Investors who are interested in participating in this lawsuit can apply to be designated as the lead plaintiff until April 18, 2025. This role allows an individual to represent the interests of all shareholders involved in the class action.

If you have experienced considerable losses and wish to pursue the position of lead plaintiff or seek information related to potential recovery of your losses, please share your details here: Venture Global Investor Information.

Contact Information: For further details, investors can reach out to James Baker at (619) 814-4471 or via email at [email protected].

The lawsuit outlines that the defendants had previously marketed their innovative approaches, claiming that they could deliver liquefied natural gas (LNG) to the global market faster and at reduced costs. The public was informed about the development of five natural gas liquefaction and export projects located near the Gulf of Mexico in Louisiana, utilizing the company's unique design and construction methods. Additionally, the IPO suggested strong customer backing for these ambitious projects. However, once the reality of the situation was disclosed, investors allegedly suffered significant losses.

Investor Actions: Shareholders who have incurred losses within the specified period have until April 18, 2025, to apply to the court to become the lead plaintiff in this lawsuit. Being a lead plaintiff allows representation for all other class members and the option to select a legal firm for the case. Importantly, an investor's eligibility to share in any possible recovery from the lawsuit does not depend on being the lead plaintiff.

About Johnson Fistel, LLP:

Johnson Fistel, LLP is a well-respected shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents both individual and institutional investors involved in shareholder derivative actions and securities class action lawsuits. It also provides services for international investors who acquire shares on U.S. exchanges. For ongoing updates about stock performance and strategies for recovering losses, visit http://www.johnsonfistel.com.

Attorney advertising is present. Previous results do not guarantee future similar outcomes. Legal services may be conducted by attorneys from any of the firm’s locations.

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lawsuit, investors, VentureGlobal