NEW YORK, NY / ACCESS Newswire / February 11, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Venture Global, Inc. ("Venture Global, Inc.") (NYSE:VG) concerning possible violations of federal securities laws.
Venture Global conducted its initial public offering of 70 million shares priced at $25.00 per share on or around January 24, 2025. 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."
Following this news, Venture Global’s stock price fell over 11% on February 6, 2025. To obtain additional information, go to:
https://zlk.com/pslra-1/venture-global-inc-lawsuit-submission-form?prid=128729&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire
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