LOS ANGELES, Sept. 25, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against New Fortress Energy Inc. ("New Fortress" or "the Company") (NASDAQ: NFE) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 29, 2024 and August 8, 2024, inclusive (the "Cla ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises New Fortress Energy Inc. ("New Fortress" or the "Company") (NASDAQ: NFE) investors of a class action representing investors that bought securities between February 29, 2024 and August 8, 2024, inclusive (the "Class Period"). New Fortress investors have until November 18, 2024 to file a lead plaintiff motion. Investors are encouraged to contact ...

NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- 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=104536&from=3 CLASS PERIO ...

NEW YORK, Sept. 23, 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=104044&from=4 CLASS PERIOD: F ...

NEW YORK, Sept. 20, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in New Fortress Energy Inc. ("New Fortress" or the "Company") (NASDAQ: NFE) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of New Fortress investors who were adversely affected by alleged securities fraud between February 29, 2024 and August 8, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/new-fortress ...

Core Viewpoint - A class action lawsuit has been filed against New Fortress Energy Inc. for allegedly misleading investors regarding its revenue outlook and growth projections during the Class Period from February 29, 2024, to August 8, 2024 [1][3]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Southern District of New York on behalf of all individuals and entities who purchased New Fortress securities during the specified Class Period [1]. - Investors have until November 18, 2024, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. Group 2: Allegations Against the Company - The complaint alleges that New Fortress created a false impression of having reliable information regarding its projected revenue and growth while downplaying risks associated with its Fast Liquefied Natural Gas (LNG) projects [3]. - The Fast LNG projects failed to meet public statements, particularly the FLNG 1 project, which was expected to be operational by March 2024 [3]. - Despite acknowledging delays costing the company upwards of $150 million per quarter, New Fortress continued to promote the rapid development of its facilities, misleading investors with flawed statements of confidence and growth projections [3].

Core Viewpoint - A class action lawsuit has been filed against New Fortress Energy LLC for alleged violations of federal securities laws, focusing on misleading statements regarding the company's revenue outlook and project progress [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks damages for investors who purchased New Fortress securities between February 29, 2024, and August 8, 2024, during the defined Class Period [2]. - Allegations include that the defendants misrepresented their knowledge of New Fortress' projected revenue and growth, while downplaying risks associated with the Fast LNG projects [3]. - The complaint highlights that New Fortress' FLNG 1 project did not meet publicly stated timelines, specifically failing to be operational by March 2024 [3]. Group 2: Financial Impact - On August 9, 2024, New Fortress reported second quarter 2024 financial results, showing adjusted EBITDA of $120 million, significantly below the expected $275 million [4]. - The disappointing results were attributed to delays in the FLNG 1 project, which resulted in a loss of $150 million per quarter in operating margin [4]. - Following the announcement, New Fortress' stock price dropped by more than 23% [4]. Group 3: Next Steps for Investors - Investors who suffered losses in New Fortress have until November 18, 2024, to request appointment as lead plaintiff in the class action [5]. - The law firm representing the class action operates on a contingency fee basis, meaning they will only collect fees if successful [6]. Group 4: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered substantial amounts for investors [7].

SAN DIEGO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities who purchased or otherwise acquired New Fortress Energy Inc. (NASDAQ: NFE) securities between February 29, 2024 and August 8, 2024. New Fortress is an American liquefied natural gas (LNG) company. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegati ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In New Fortress To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in New Fortress between February 9, 2024, and August 8, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 18, 20 ...

NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired New Fortress Energy Inc. ("New Fortress" or the "Company") (NASDAQ: NFE) securities between February 29, 2024 and August 8, 2024, inclusive (the "Class Period"). The lawsuit seeks to recover damages for the Company's investors und ...