According to the lawsuit, defendants touted its innovative and disruptive approach, which they stated is both scalable and repeatable, allowing Venture Global to bring liquified natural gas (“LNG”) to the global market years faster and at a lower cost. Defendants further discussed the development of Venture Global’s five natural gas liquefaction and export projects near the Gulf of Mexico in Louisiana, utilizing their unique “design one, build many” approach. Therefore, the IPO represented to the public that Venture Global had the customer backing to implement its projects, allowing for Venture Global to deliver LNG to the world.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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