Lawsuit Alert: Investors who lost money with shares of Venture Global, Inc. (NYSE: VG) should contact the Shareholders Foundation

An investor, who purchased shares of Venture Global, Inc. (NYSE: VG), filed a lawsuit over alleged violations of Federal Securities Laws by Venture Global, Inc. in connection with certain allegedly false and misleading statements made in connection with Venture's initial public offering held on or about January 24, 2025.

Investors who purchased a significant amount of shares of Venture Global, Inc. (NYSE: VG) pursuant and/or traceable to Venture's registration statement for the initial public offering held on or about January 24, 2025, have certain options and for certain investors are short and strict deadlines running. Deadline: April 18, 2025. NYSE: VG investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Arlington, VA based Venture Global, Inc. engages in the commissioning, constructing, and developing of natural gas liquefaction and export projects near the Gulf of Mexico in Louisiana. In its IPO, Venture Global sold 70 million shares at $24.00 per share. Venture Global, Inc. (NYSE: VG) reported that its annual Total Revenue rose from over $6.44 billion in 2022 to over $7.89 billion in 2023, and that its Net Income increased from over $1.97 billion in 2022 to over $2.81 billion in 2023.

On or around January 24, 2025, Venture Global conducted its initial public offering of 70 million shares priced at $25.00 per share.

Then, on February 5, 2025, Reuters published an article entitled "Total CEO says company rejected Venture Global as LNG supplier over lack of trust". The Reuters article reported, in relevant part, that TotalEnergies SE had "rebuffed" overtures from Venture Global in connection with various contracts, citing "a lack of trust." The Reuters article noted that Venture Global "has been roiled by legal challenges from huge clients like BP and Shell for taking years to honor supply contracts as it commissions its projects."

Shares of Venture Global, Inc. (NYSE: VG) declined to as low as $13.73 per share on February 28, 2025.

According to the complaint the plaintiff alleges on behalf of purchasers of Venture Global, Inc. (NYSE: VG) common shares who purchased NYSE: VG shares pursuant and/or traceable to Venture's registration statement for the initial public offering held on or about January 24, 2025, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims 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.

Those who purchased shares of Venture Global, Inc. (NYSE: VG) 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.

This release was published on openPR.