VG INVESTOR ALERT: Kirby McInerney LLP Reminds Venture Global, Inc. Investors of Looming Lead Plaintiff Deadline in Class Action Lawsuit

Core Points - Venture Global, Inc. is facing a federal securities class action due to alleged misleading statements in its registration statement related to its January 2025 IPO [1][5] - The company completed its IPO on January 27, 2025, selling 70 million shares at $24.00 each [3] - TotalEnergies rejected a long-term supply contract with Venture, citing a lack of trust, which has contributed to a decline in Venture's stock price [4] Summary by Sections IPO Details - Venture completed its IPO on January 27, 2025, selling 70 million shares at a price of$24.00 per share [3] Legal Challenges - A class action lawsuit has been filed against Venture, alleging that the company failed to disclose significant issues that misled investors during the IPO process [1][5] - The lawsuit is in response to the company's inability to honor supply contracts, leading to legal challenges from major clients like BP and Shell [4][5] Market Reaction - Following the news of TotalEnergies' rejection of a long-term contract, Venture's stock price fell from $19.68 to$17.48, a decrease of $2.20 per share [4]