Investors who lost money on Venture Global, Inc.(VG) should contact Levi & Korsinsky about pending Class Action - VG
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Venture Global (VG) is facing a potential 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 challenging supply contracts due to project delays.
March 26, 2025 | 2:00 pm
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The lawsuit alleges material misrepresentations in the IPO registration statement, particularly regarding the company's ability to secure long-term LNG supply contracts with major energy companies.
The lawsuit directly challenges Venture Global's business model and credibility, focusing on its inability to secure critical customer contracts. The rejection by TotalEnergies and ongoing legal challenges from BP and Shell suggest significant operational risks that could negatively impact the stock price.
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