Johnson Fistel Initiates Class Action Lawsuit Against Venture Global, Inc.; Investors Encouraged to Participate

SAN DIEGO, March 06, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP has announced that a class action lawsuit has been filed on behalf of investors in Venture Global, Inc. (NYSE: VG). This action pertains to individuals who acquired securities tied to Venture Global's registration statement during its initial public offering (IPO) that occurred on January 24, 2025.

Investors who believe they have incurred significant losses due to this investment are urged to come forward. The cutoff date for applying to the Court to be considered as a lead plaintiff in this lawsuit is April 18, 2025.

Guidelines for Investors

If you suffered losses and are interested in potentially becoming the lead plaintiff in the class action against Venture Global, or if you want to assess your eligibility for recovering your losses, you can submit your information at the following link: Johnson Fistel - Venture Global Investigation.

Details of the Allegations

The class action lawsuit alleges that the defendants promoted Venture Global’s innovative approach to liquefied natural gas (LNG) production. They claimed that this approach was both scalable and repeatable, purportedly allowing the company to bring LNG to the global market more quickly and at lower costs. Information was shared about the development of five natural gas liquefaction and export projects located near the Gulf of Mexico in Louisiana, showcasing a unique design strategy. Public representations during the IPO indicated that Venture Global had the necessary customer support to propel its projects forward. However, the lawsuit asserts that once the accurate details were revealed, affected investors experienced financial losses.

What to Do Next

Shareholders who faced losses during the specified class period can take action by pursuing the opportunity to be the lead plaintiff until April 18, 2025. The lead plaintiff will have the responsibility to guide the class-action lawsuit on behalf of other investors. It is important to note that participating as a lead plaintiff is not the only pathway to potentially recouping losses, and an investor has the freedom to select a law firm of their choice for litigation.

About Johnson Fistel, LLP

Johnson Fistel, LLP is a nationally recognized law firm specializing in shareholder rights, with offices located in California, New York, Georgia, and Colorado. The firm assists both individual and institutional investors by representing them in securities class action lawsuits and shareholder derivative actions. They also provide support to foreign investors trading on U.S. exchanges. For ongoing updates about stock losses and information on how Johnson Fistel, LLP can assist in recovering losses, please visit their website.

Please Note: This message is attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys based out of any of the firm's locations. Johnson Fistel, LLP has funded the dissemination of this communication, with Frank J. Johnson serving as the attorney responsible for its contents.

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lawsuit, investors, VentureGlobal