ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

VG INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Venture Global, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Robbins Geller Rudman & Dowd LLP announces that purchasers of Venture Global, Inc. (NYSE: VG) stock pursuant and/or traceable to Venture Global’s registration statement issued in connection with Venture Global’s initial public offering (“IPO”) held between January 24 and 27, 2025 and were damaged thereby, have until April 18, 2025 to seek appointment as lead plaintiff of the Venture Global class action lawsuit. Captioned Bowes v. Venture Global, Inc., No. 25-cv-01364 (S.D.N.Y.), the Venture Global class action lawsuit charges Venture Global and certain of Venture Global’s top executives and directors with violations of the Securities Act of 1933.

If you suffered substantial losses and wish to serve as lead plaintiff of the Venture Global class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-venture-global-inc-class-action-lawsuit-vg.html

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com.

CASE ALLEGATIONS: Venture Global engages in the commissioning, constructing, and developing of natural gas liquefaction and export projects. In its IPO, Venture Global sold 70 million shares at $24.00 per share.

The Venture Global class action lawsuit alleges that the IPO’s offering documents were materially false and/or misleading and/or failed to disclose information concerning Venture Global’s repeated confidence in Venture Global’s ability to utilize its approach to deliver liquefied nature gas (“LNG”) to the world.

The Venture Global class action lawsuit further alleges that, on February 5, 2025, TotalEnergies CEO, Patrick Pouyanne, stated that he was approached by Venture Global to see if TotalEnergies would be interested in a long-term supply contract for LNG from the Calcasieu Pass terminal in Louisiana, but he rejected the offer “because of what they are doing . . . . I don’t want to be in the middle of a dispute with my friends, with Shell and BP.” Pouyanne also cited a lack of trust with respect to Venture Global, according to the complaint. On this news, Venture Global’s stock price declined, according to the Venture Global class action lawsuit.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Venture Global stock pursuant and/or traceable to the registration statement issued in connection with the IPO to seek appointment as lead plaintiff in the Venture Global class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Venture Global class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Venture Global class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Venture Global class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.

Services may be performed by attorneys in any of our offices.

Contacts

Robbins Geller Rudman & Dowd LLP

J.C. Sanchez, Jennifer N. Caringal

655 W. Broadway, Suite 1900, San Diego, CA 92101

800-449-4900

info@rgrdlaw.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.