Companies

Bragar Eagel & Squire, P.C. Announces Class Action Lawsuits Against Semtech, Atkore, Newmont, and Venture Global

Published March 5, 2025

NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a well-known shareholder rights law firm, has announced that class action lawsuits have been filed for stockholders of Semtech Corporation, Atkore Inc., Newmont Corporation, and Venture Global, Inc. Investors in these companies have specific deadlines to apply to the court to be recognized as lead plaintiffs in these cases. Detailed information about each case can be accessed through provided links.

Semtech Corporation (SMTC)

The class action period is from August 27, 2024, to February 7, 2025. The deadline for lead plaintiffs is April 22, 2025. The lawsuit claims that during this time, the defendants made several false statements and omitted critical facts regarding Semtech's operations and future outlook. It is alleged that they failed to inform investors that the company's CopperEdge products were not meeting customer needs and, as a consequence, sales expectations were not going to be met. This misrepresentation led to investors being misled about the company's real business conditions.

For more information on the Semtech class action, visit: Semtech Class Action.

Atkore Inc. (ATKR)

The class action period for Atkore is from February 1, 2024, to February 3, 2025, with the lead plaintiff deadline on April 23, 2025. The complaint alleges that Atkore was involved in an illegal price-fixing scheme that inflated the prices of PVC pipes. The lawsuit suggests that this conduct led to significant but unsustainable financial gains and that once the scheme was exposed, the company's operations faced severe challenges.

Find more details on the Atkore class action here: Atkore Class Action.

Newmont Corporation (NEM)

For Newmont, the class action covers the period from February 22, 2024, to October 23, 2024, with a lead plaintiff deadline of April 1, 2025. The complaint alleges that the defendants misled the public regarding Newmont's ability to meet revenue expectations and maintain production growth at its Tier 1 operations, highlighting flawed confidence statements and growth projections that ignored certain vital factors.

More information about the Newmont class action can be found here: Newmont Class Action.

Venture Global, Inc. (VG)

The class period for Venture Global relates to its IPO registration on or about January 24, 2025, with a lead plaintiff deadline of April 18, 2025. The allegations state that Venture Global misrepresented its capacity to deliver liquefied natural gas (LNG) and the dependence of its project developments on customer contracts, as well as facing legal challenges from major clients due to delays in supply contracts.

For additional details regarding the Venture Global class action, visit: Venture Global Class Action.

About Bragar Eagel & Squire, P.C.

Bragar Eagel & Squire, P.C. is a respected law firm located in New York, California, and South Carolina, representing both individual and institutional investors. They handle various legal matters, including commercial and securities litigation at both state and federal levels. For further insights about the firm, visit their website.

lawsuits, investors, shareholder, Semtech, Atkore, Newmont, Venture