Class Action Lawsuit Filed Against Venture Global, Inc.

RADNOR, Pa., March 15, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP has officially notified investors 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" or "VG"). This legal action is on behalf of investors who acquired common stock from Venture during its initial public offering (IPO) that took place around January 24, 2025. The deadline for lead plaintiffs to come forward is April 18, 2025.

Contact Information
If you have questions or need more details, you can reach out to attorney Jonathan Naji, Esq. at (484) 270-1453 or via email at [email protected].

Allegations Against Venture Global

The lawsuit claims that the IPO Documents provided by the defendants contained misleading statements and failed to disclose crucial information. Specifically, it alleges that: (1) Venture's ability to supply liquefied natural gas globally and proceed with the development of its five liquefaction and export projects was heavily reliant on securing customer contracts; (2) the company faced legal challenges from major clients such as BP and Shell, stemming from delays in supply contracts while the projects were being commissioned; and (3) as a result, Venture's business outlook and financial projections were overly optimistic.

Leading Plaintiff Process

Venture investors who experienced significant losses are encouraged to seek appointment as a lead plaintiff representing the class by no later than April 18, 2025. Interested parties can do this through Kessler Topaz Meltzer & Check, LLP or other legal counsel. Should you choose not to participate, you will remain an absent class member. The lead plaintiff is typically an investor or small group of investors that holds the largest financial interest and can adequately represent the class. This individual or group will appoint legal representation for the entire class and, once approved by the court, these lawyers will serve as class or lead counsel. Notably, your eligibility for recovering any damages is unaffected by your decision to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP strongly encourages Venture investors who have experienced notable losses to reach out directly to the firm for more information.

Sign up for the case here.

About the Law Firm

Kessler Topaz Meltzer & Check, LLP specializes in prosecuting class actions in various state and federal courts across the United States and internationally. The firm has built a strong reputation for excellence, securing billions in recoveries for those affected by fraud and corporate misconduct. Their mission is centered on safeguarding investors, consumers, employees, and others from fraud, abuse, and corporate negligence. It is important to note that the complaint in this case was not filed by Kessler Topaz Meltzer & Check, LLP itself. For more details about the firm, please visit their website.

Contact Details

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

Note: This material may be seen as attorney advertising in certain jurisdictions. Previous results do not guarantee similar outcomes in future cases.

lawsuit, investors, Venture