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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Levi & Korsinsky law firm is pursuing a class action lawsuit against Venture Global (VG) on behalf of shareholders who purchased stock during its January 2025 IPO. The lawsuit alleges that the company's registration statement contained false or misleading information, particularly regarding customer contracts. Key issues include TotalEnergies rejecting a long-term supply contract and ongoing legal challenges from BP and Shell due to supply contract delays.
March 26, 2025 | 4:45 pm
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The class action lawsuit challenges Venture Global's IPO disclosures, focusing on customer contract issues and potential misrepresentations about the company's LNG project capabilities.
The lawsuit directly targets VG's recent IPO, alleging material misrepresentations about its business prospects. Rejection by TotalEnergies and ongoing contract disputes with BP and Shell suggest significant operational challenges that could negatively impact investor confidence.
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