Faruqi & Faruqi, LLP Investigates Claims on Behalf of Venture Global Investors

Legal Representation for Venture Global Investors

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson urges investors who have experienced financial losses in Venture Global, Inc. to reach out and discuss their legal options.

If you purchased or otherwise acquired stock of Venture Global under or linked to the Company's registration statement from its initial public offering (IPO) around January 24, 2025, please contact Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) -- The law firm Faruqi & Faruqi, LLP, a prominent name in the national securities law landscape, is investigating potential claims against Venture Global, Inc. (NYSE: VG) and is reminding investors of the April 18, 2025 deadline for seeking the position of lead plaintiff in a federal securities class action suit against the Company.

Faruqi & Faruqi, known for its commitment to investor rights, has offices across New York, Pennsylvania, California, and Georgia. Since its establishment in 1995, the firm has recovered hundreds of millions of dollars for investors. More information is available at www.faruqilaw.com.

Current Legal Challenges Facing Venture Global

Venture Global is currently facing significant legal issues related to contracts with major clients, including BP and Shell. These difficulties stem from delays in supply contracts as the company moves forward with its LNG projects. The capability of defendants to deliver liquefied natural gas (LNG) globally and continue the development of its five liquefaction and export projects relies heavily on securing customer contracts. Failure to adequately address these challenges has led to misleading statements in Venture's registration statement at the time of its IPO.

Venture completed its IPO on January 27, 2025, successfully selling 70 million shares at $24.00 each. However, on February 5, 2025, TotalEnergies, a key potential customer, rejected a long-term supply contract proposal from Venture, citing a lack of trust in the company's operations. TotalEnergies' CEO, Patrick Pouyanné, stated that the company's past dealings influenced his decision to decline the offer.

Following this announcement, Venture's stock price dropped from $19.68 per share on February 5 to $17.48 per share the next day.

Lead Plaintiff Description

The lead plaintiff role in these cases is typically filled by the investor with the largest financial stake in the class action. This individual must also demonstrate adequacy and typicality relative to other class members and supervise the litigation on behalf of the group. Potential class members can either file for this position with the court through counsel of their choosing or opt to remain absent from the action. The ability to participate in any recovery will not be influenced by the decision to serve as a lead plaintiff.

Faruqi & Faruqi also calls on anyone with information regarding Venture’s conduct, including whistleblowers, former employees, and shareholders, to reach out to the firm.

For more details about the class action involving Venture Global, Inc., please visit www.faruqilaw.com/VG or contact partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Disclaimer

This article is for informational purposes only and should not be considered legal advice. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Past results do not guarantee similar outcomes in future cases. All communications will be treated confidentially.

A photo accompanying this announcement is available at this link.

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Venture, Investors, Lawsuit