{"id":837795,"date":"2025-04-15T18:26:37","date_gmt":"2025-04-15T22:26:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/abraham-fruchter-twersky-llp-notifies-shareholders-of-a-class-action-lawsuit-on-behalf-of-investors-who-acquired-shares-of-venture-global-inc-nyse-vg\/"},"modified":"2025-04-15T18:26:37","modified_gmt":"2025-04-15T22:26:37","slug":"abraham-fruchter-twersky-llp-notifies-shareholders-of-a-class-action-lawsuit-on-behalf-of-investors-who-acquired-shares-of-venture-global-inc-nyse-vg","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/abraham-fruchter-twersky-llp-notifies-shareholders-of-a-class-action-lawsuit-on-behalf-of-investors-who-acquired-shares-of-venture-global-inc-nyse-vg\/","title":{"rendered":"Abraham, Fruchter &amp; Twersky LLP Notifies Shareholders of a Class Action Lawsuit on Behalf of Investors who Acquired Shares of Venture Global, Inc. (NYSE: VG)"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, April  15, 2025  (GLOBE NEWSWIRE) &#8212; Abraham, Fruchter &amp; Twersky, LLP (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=z_RTehztslcrBUZDBFYhzQahTIMyYYqlNL_xLLfoqQHq4KpIpA9kocB0M4GuowC_vvqLQe7U_n6ql3gtjE5H-g==\" rel=\"nofollow\" target=\"_blank\">www.aftlaw.com<\/a>), a nationally recognized law firm that focuses on protecting investors\u2019 rights, informs shareholders of a class action lawsuit on behalf of investors who purchased Venture Global, Inc. (\u201cVenture Global\u201d or \u201cCompany\u201d) common stock (NYSE: VG) pursuant and\/or traceable to Venture Global\u2019s registration statement for the initial public offering conducted on or about January 24, 2025 (the \u201cIPO\u201d). The case is captioned\u00a0<em>FirstFire Global Opportunities Fund, LLC v. Venture Global, Inc. et al.<\/em>, No. 25-cv-00633 (V.A.E.D.).<\/p>\n<p>\n        <strong>CASE ALLEGATIONS<\/strong>: Venture Global engages in the commissioning, constructing, and developing of natural gas liquefaction (\u201cLNG\u201d) and export projects. According to the lawsuit, defendants touted Venture Global\u2019s innovative and disruptive approach, which they stated is both scalable and repeatable, allowing Venture Global to bring LNG to the global market years faster and at a lower cost. Defendants further discussed the development of Venture Global\u2019s five LNG and export projects near the Gulf of Mexico in Louisiana, utilizing their unique \u201cdesign one, build many\u201d approach and Venture Global\u2019s customer backing to implement its projects.<\/p>\n<p>The Registration Statement, however, is alleged to have been materially false and misleading because, <em>inter alia<\/em>, it failed to disclose the following which existed at the time of the IPO: (i) that commissioning volumes at the Calcasieu Pass Project were declining and had in fact declined during the fourth quarter of 2024 far in excess of levels expected by the market or purportedly warned about in the Registration Statement; (ii) that the Calcasieu Pass Project continued to be hampered by production issues which would further delay the project, reduce production volumes, and damage the Company\u2019s relationship with customers; (iii) that the Company was internally projecting reduced production levels and income for 2025; and (iv) that the cost of the Plaquemines Project was substantially in excess of the amounts listed in the Registration Statement.<\/p>\n<p>\n        <strong>LEAD PLAINTIFF DEADLINE<\/strong>: Lead plaintiff motions for the Venture Global class action lawsuit must be filed with the court no later than April 18, 2025. If you suffered substantial losses by investing in Venture Global securities and would like to discuss serving as lead plaintiff of the Venture Global class action lawsuit, please contact Jack Fruchter by email at jfruchter@aftlaw.com. You can also reach Jack Fruchter by telephone at (212) 279-5050. There is no cost or obligation to you.<\/p>\n<p>Abraham, Fruchter &amp; Twersky, LLP (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=z_RTehztslcrBUZDBFYhzbnQwGcbOIzJ7O-3flAe9-VPY4QkDhGDe7ftzyAdoQvJ7z7HwsqMyo0Ig-XtWZFf4w==\" rel=\"nofollow\" target=\"_blank\">www.aftlaw.com<\/a>) is a law firm based in New York with an office in California that has extensive experience in litigating securities law violations on behalf of investors.<\/p>\n<p>Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQyMzA3OCM2ODY4Njg1IzIwODgxNzQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZGU2ZjhlYmQtYThlYy00YWE1LWI0MTEtZjdjNmRlMGQwYmU0LTEwOTk3NDUtMjAyNS0wNC0xNS1lbg==\/tiny\/Abraham-Fruchter-Twersky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) &#8212; Abraham, Fruchter &amp; Twersky, LLP (www.aftlaw.com), a nationally recognized law firm that focuses on protecting investors\u2019 rights, informs shareholders of a class action lawsuit on behalf of investors who purchased Venture Global, Inc. (\u201cVenture Global\u201d or \u201cCompany\u201d) common stock (NYSE: VG) pursuant and\/or traceable to Venture Global\u2019s registration statement for the initial public offering conducted on or about January 24, 2025 (the \u201cIPO\u201d). The case is captioned\u00a0FirstFire Global Opportunities Fund, LLC v. Venture Global, Inc. et al., No. 25-cv-00633 (V.A.E.D.). CASE ALLEGATIONS: Venture Global engages in the commissioning, constructing, and developing of natural gas liquefaction (\u201cLNG\u201d) and export projects. According to the lawsuit, defendants touted Venture Global\u2019s innovative and disruptive approach, which &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/abraham-fruchter-twersky-llp-notifies-shareholders-of-a-class-action-lawsuit-on-behalf-of-investors-who-acquired-shares-of-venture-global-inc-nyse-vg\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Abraham, Fruchter &amp; Twersky LLP Notifies Shareholders of a Class Action Lawsuit on Behalf of Investors who Acquired Shares of Venture Global, Inc. (NYSE: VG)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-837795","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Abraham, Fruchter &amp; Twersky LLP Notifies Shareholders of a Class Action Lawsuit on Behalf of Investors who Acquired Shares of Venture Global, Inc. (NYSE: VG) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/abraham-fruchter-twersky-llp-notifies-shareholders-of-a-class-action-lawsuit-on-behalf-of-investors-who-acquired-shares-of-venture-global-inc-nyse-vg\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abraham, Fruchter &amp; Twersky LLP Notifies Shareholders of a Class Action Lawsuit on Behalf of Investors who Acquired Shares of Venture Global, Inc. 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According to the lawsuit, defendants touted Venture Global\u2019s innovative and disruptive approach, which &hellip; Continue reading &quot;Abraham, Fruchter &amp; Twersky LLP Notifies Shareholders of a Class Action Lawsuit on Behalf of Investors who Acquired Shares of Venture Global, Inc. 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