Venture Global, Inc. Class Action: Levi & Korsinsky Reminds Venture Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 18, 2025 - VG
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Venture Global (VG) is facing a class action lawsuit related to its January 2025 IPO. The lawsuit alleges that the company's registration statement was false or misleading, particularly after TotalEnergies rejected a long-term customer contract and existing clients like BP and Shell are experiencing supply contract delays. The legal action targets shareholders who purchased stock during the IPO period.
March 21, 2025 | 5:30 pm
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The class action lawsuit challenges Venture Global's IPO disclosures, focusing on customer contract uncertainties and potential misrepresentations about the company's LNG project capabilities.
The lawsuit directly targets Venture Global's recent IPO, alleging false statements about its ability to secure long-term customer contracts. Rejection by TotalEnergies and ongoing challenges with BP and Shell suggest significant operational risks that could negatively impact investor confidence and stock performance.
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