Core Viewpoint - A securities class action lawsuit has been filed against New Fortress Energy Inc. on behalf of investors who acquired its securities between February 29, 2024, and August 8, 2024, due to alleged misleading statements regarding the company's revenue outlook and project progress [1][3]. Group 1: Allegations Against New Fortress - The complaint alleges that New Fortress made false and/or misleading statements about its projected revenue and growth, while downplaying risks associated with its Fast LNG projects [3]. - Specifically, it is claimed that the Fast LNG 1 project was not on track to be operational by March 2024 as publicly stated [3]. Group 2: Legal Process for Investors - Investors in New Fortress have until November 18, 2024, to seek appointment as lead plaintiff in the class action, which involves representing the interests of all class members [4]. - The lead plaintiff is typically the investor or group of investors with the largest financial stake in the case [4]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has recovered billions for victims of corporate misconduct [5].

Core Viewpoint - New Fortress Energy Inc. is facing allegations of misleading investors regarding its revenue outlook and growth projections, particularly related to its Fast Liquefied Natural Gas (LNG) projects, which have experienced significant delays and financial losses [1][2]. Group 1: Allegations and Financial Impact - The complaint alleges that New Fortress Energy misrepresented its ability to deliver on its Fast LNG projects, specifically failing to have the FLNG 1 project operational by March 2024 as promised [1]. - The delays in the Fast LNG projects are reportedly costing the company over $150 million per quarter, yet the defendants continued to promote the rapid development of facilities [1]. - Investors were misled by materially flawed statements regarding the company's growth and confidence, which did not reflect the actual risks and challenges faced [1]. Group 2: Class Action Details - The class period for the alleged misconduct is from February 29, 2024, to August 8, 2024, and shareholders are encouraged to register for participation in the class action [2]. - The deadline for shareholders to seek lead plaintiff status is November 18, 2024, and there is no cost or obligation to participate in the case [2].

NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- 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-fortr ...

Core Viewpoint - A securities class action lawsuit has been filed against New Fortress Energy Inc. for allegedly misleading investors regarding its revenue outlook and project progress during the Class Period from February 29, 2024, to August 8, 2024 [1][2]. Group 1: Allegations Against New Fortress - The complaint claims that New Fortress made false or misleading statements about its revenue outlook and growth potential while downplaying risks associated with its Fast LNG projects [2]. - Specifically, it is alleged that the Fast LNG 1 project was not on track to be operational by March 2024 as publicly stated [2]. Group 2: Lead Plaintiff Process - Investors in New Fortress have until November 18, 2024, to apply to be a lead plaintiff, representing the class in the lawsuit [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest and who are representative of the class [3]. - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the class action and has a history of recovering billions for victims of corporate misconduct [4]. - The firm encourages affected investors to contact them for more information regarding the lawsuit [3][4].

NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of New Fortress Energy Inc. (NASDAQ: NFE) between February 29, 2024 and August 8, 2024, both dates inclusive (the “Class Period), of the important November 18, 2024 lead plaintiff deadline. SO WHAT: If you purchased New Fortress securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee a ...

New Fortress Energy (NASDAQ: NFE ) has experienced an eventful month since my previous publication . As noted in the comments section, the lack of refinancing during the first two weeks of September was a clear indication that negotiations withOriol Madaula is an experienced actuary with a strong interest in value investing and a practical approach to the financial world. He holds a Master's degree in Actuarial and Financial Sciences from the University of Barcelona. With a background in the insurance and f ...

NEW YORK, Oct. 23, 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=109180&from=3 CLASS PERIOD ...

NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of New Fortress Energy Inc. (NASDAQ: NFE) between February 29, 2024 and August 8, 2024, both dates inclusive (the “Class Period), of the important November 18, 2024 lead plaintiff deadline. SO WHAT: If you purchased New Fortress securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee a ...

Core Viewpoint - A class action lawsuit has been filed against New Fortress Energy Inc. for failing to disclose significant delays in its Fast LNG projects, leading to a substantial drop in share price [1][2]. Group 1: Lawsuit Details - The lawsuit is filed in the U.S. District Court for the Southern District of New York on behalf of investors who acquired New Fortress securities from February 29, 2024, to August 8, 2024 [1]. - Investors have until November 18, 2024, to apply to be appointed as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that New Fortress did not disclose that its FLNG 1 project would not be operational by March 2024 and that delays were costing the company over $150 million per quarter [2]. Group 2: Financial Performance - On August 9, 2024, New Fortress reported second quarter 2024 financial results, showing adjusted EBITDA significantly below expectations [1]. - The company lowered its guidance for the remainder of 2024 due to delays in the FLNG 1 project [1]. - Following the announcement, New Fortress shares fell by $4.02, approximately 23.6%, from $17.02 on August 6, 2024, to $13.00 on August 9, 2024 [1].

Group 1 - The Rosen Law Firm is reminding investors who purchased New Fortress Energy Inc. securities between February 29, 2024, and August 8, 2024, of the November 18, 2024, lead plaintiff deadline for a class action lawsuit [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties can join by contacting the Rosen Law Firm [1][4] Group 2 - The lawsuit alleges that New Fortress misled investors regarding its revenue outlook and growth potential while downplaying risks associated with its Fast LNG projects [3] - New Fortress' FLNG 1 project was expected to be operational by March 2024, but delays have reportedly cost the company upwards of $150 million per quarter [3] - The defendants continued to promote the speed of facility construction despite these delays, leading to materially flawed public statements [3]