NEW
YORK, Oct. 7, 2024 /PRNewswire/ -- The Gross Law
Firm issues the following notice to shareholders of New Fortress
Energy Inc. (NASDAQ: NFE).
Shareholders who purchased shares of NFE during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/new-fortress-energy-inc-loss-submission-form/?id=106657&from=4
CLASS PERIOD: February 29,
2024 to August 8, 2024
ALLEGATIONS: The filed complaint alleged
that defendants created the false impression that they possessed
reliable information pertaining to the Company's projected revenue
outlook and anticipated growth while simultaneously minimizing the
risk involved in New Fortress' plan to have its Fast Liquefied
Natural Gas ("LNG") projects fully operational and to increase
business growth globally. In reality, New Fortress' Fast LNG
projects failed to fulfill the Company's public statements that its
FLNG 1 project would be in service by March
2024. Even following the announcement that these delays were
costing the Company upwards of $150
million per quarter, defendants continued to tout the speed
at which New Fortress was building facilities. Defendants misled
investors by providing the public with materially flawed statements
of confidence and growth projections that did not account for these
variables.
DEADLINE: November 18, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/new-fortress-energy-inc-loss-submission-form/?id=106657&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of NFE during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is November 18, 2024. There is no cost or obligation
to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
