VG LAWSUIT ALERT: Levi & Korsinsky Notifies Venture Global, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
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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 after TotalEnergies rejected a long-term customer contract, citing lack of trust. Additionally, existing clients BP and Shell are challenging Venture Global due to supply contract delays, potentially undermining the company's ability to develop its natural gas liquefaction and export projects.
March 23, 2025 | 11:45 am
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The class action lawsuit alleges material misrepresentations in the IPO registration statement, with TotalEnergies rejecting a long-term contract and existing clients challenging supply agreements.
The lawsuit directly challenges Venture Global's business model, customer relationships, and IPO disclosures, which could significantly impact investor confidence and stock valuation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100