RADNOR, Pa., Nov. 08, 2024 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in United States District Court for the Southern District of New York against New Fortress Energy Inc. (“New Fortress”) (NASDAQ: NFE) on behalf of investors who purchased or otherwise acquired New Fortress securities between December 12, 2022 and August 8, 2024, inclusive (the “Class Period”) The lead plaintiff deadline is November 18, 2024.
CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you suffered New Fortress losses, you may CLICK HERE or go to: https://www.ktmc.com/new-cases/new-fortress-energy-inc?utm_campaign=mei&mktm=r&utm_source=PR&utm_medium=link&utm_campaign=nfe&mktm=r
You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com.
DEFENDANTS’ ALLEGED MISCONDUCT:
The complaints allege that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Defendants created the false impression that they possessed reliable information pertaining to New Fortress’ projected revenue outlook and anticipated growth while also minimizing risk regarding New Fortress’ plan to have its Fast Liquefied Natural Gas (“LNG”) projects fully operational and increase business growth globally; and (2) New Fortress’ Fast LNG projects failed to meet New Fortress’ publicly stated progress, specifically that its Fast LNG 1 project would be in service by March 2024.
THE LEAD PLAINTIFF PROCESS:
New Fortress investors may, no later than November 18, 2024, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages New Fortress investors who have suffered significant losses to contact the firm directly to acquire more information.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaints in this action were not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
info@ktmc.com
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