Kessler Topaz Meltzer & Check, LLP Announces Class Action Lawsuit Against Venture Global, Inc.

RADNOR, Pa., March 15, 2025 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP, a law firm specializing in securities class actions, has notified investors that a lawsuit has been filed in the United States District Court for the Southern District of New York against Venture Global, Inc. ("Venture", NYSE: VG). This action is brought on behalf of those who purchased Venture's common stock in connection with the company's initial public offering (IPO) that took place around January 24, 2025. The deadline for lead plaintiff applications is April 18, 2025.

If you wish to contact the firm, reach out to attorney Jonathan Naji, Esq. at (484) 270-1453 or via email at [email protected].

Defendants' Alleged Misconduct

The legal complaint alleges that the defendants made misleading statements in the IPO Documents. It highlights three primary issues: (1) Venture's capability to supply liquefied natural gas globally and its ongoing development of five liquefaction and export projects was heavily dependent on securing customer contracts; (2) The company was encountering legal disputes from major clients, including BP and Shell, because of delays in their supply contracts while commissioning its projects; (3) As a result, the financial outlook and business prospects presented by Venture were exaggerated and misleading.

The Lead Plaintiff Process

Investors in Venture Global who want to be represented as lead plaintiffs in this class action have until April 18, 2025 to file their applications through Kessler Topaz Meltzer & Check, LLP or other legal counsel. A lead plaintiff is an individual or a small group of investors who acts in the interest of all members of the class in directing the litigation. Typically, this person or group holds the largest financial stake in the case and represents a typical profile of the broader group of investors. This lead plaintiff will select counsel to represent them and the class, with court approval needed for the designation of lead or class counsel. Importantly, whether or not one chooses to become a lead plaintiff will not impact their eligibility for any potential recovery from the lawsuit.

Kessler Topaz Meltzer & Check, LLP encourages affected Venture investors who have incurred significant losses to contact them for more information regarding this legal matter.

CLICK HERE TO SIGN UP FOR THE CASE OR GO TO signup page

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is known for handling class action lawsuits across state and federal courts in the United States and internationally. The firm has earned a strong reputation for aiding victims of fraud and corporate misconduct, successfully recovering billions on their behalf. Their mission remains focused on protecting stakeholders, including investors, consumers, and employees, from various forms of fraudulent activity and corporate negligence. Note that the complaint in this instance was not originally filed by Kessler Topaz Meltzer & Check, LLP. More information can be found at www.ktmc.com.

Contact Information

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

This information may be considered attorney advertising in some areas. Past outcomes do not assure future results.

lawsuit, investors, classaction