Venture Global, Inc. (NYSE: VG)

This lawsuit is for anyone who acquired securities in Venture Global, Inc. (NYSE: VG) from January 21, 2025 through February 17, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, in the Prospectus to the Company’s IPO, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to disclose that TotalEnergies would reject a long-term supply contract for liquefied natural gas from Venture, citing lack of trust in the Company’s ability to timely deliver product, and that the Company was experiencing similar lack of trust issues with other customers.

On February 5, 2025, one of Venture’s target customers, TotalEnergies, revealed that it had rejected a long-term supply contract for liquefied natural gas from Venture, citing lack of trust. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume and continued to trade at a lower price than the IPO at the date of the lawsuit.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Venture Global, Inc. (NYSE: VG) from January 21, 2025 through February 17, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.