Levi & Korsinsky Notifies Venture Global, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - VG
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Levi & Korsinsky law firm has initiated a class action lawsuit against Venture Global, Inc. (VG) on behalf of shareholders who purchased stock during its January 2025 IPO. The lawsuit stems from allegations that the company's registration statement was false or misleading, particularly after TotalEnergies rejected a potential long-term customer contract and existing clients like BP and Shell are challenging supply contract delays.
March 24, 2025 | 5:15 pm
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The class action lawsuit alleges material misrepresentations in the IPO registration statement, particularly regarding customer contract capabilities and project development risks.
The lawsuit directly challenges Venture Global's business model and credibility, focusing on its ability to secure long-term LNG supply contracts. TotalEnergies' public rejection and ongoing legal challenges from BP and Shell suggest significant operational risks that could negatively impact investor sentiment and stock performance.
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