Press release
Deadline on November 18th coming up in Lawsuit for Investors who lost with shares of New Fortress Energy Inc. (NASDAQ: NFE)
A Deadline is coming up on November 18, 2024in the lawsuit for certain investors in New Fortress Energy Inc. (NASDAQ: NFE).
Investors who purchased shares of New Fortress Energy Inc. (NASDAQ: NFE) have certain options and there are strict and short deadlines running. Deadline: November 18, 2024. New Fortress Energy Inc. (NASDAQ: NFE) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of New Fortress Energy Inc. (NASDAQ: NFE) common shares between February 29, 2024 and August 8, 2024, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 29, 2024 and August 8, 2024, the defendants created the false impression that they possessed reliable information pertaining to the Company's projected revenue outlook and anticipated growth while simultaneously minimizing the risk involved in New Fortress' plan to have its Fast LNG projects fully operational and to increase business growth globally. On August 9, 2024, New Fortress announced significantly below market growth expectations for fiscal year 2024, actually citing major delays relating to its Fast LNG project. This projection was well below the market expectations generated by New Fortress' own previous reports of economic growth and internal growth projections provided throughout the first half of fiscal year 2024.
Those who purchased shares of New Fortress Energy Inc. (NASDAQ: NFE) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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