INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in New Fortress Energy, Inc. to Contact Law Firm
New Fortress Energy(US:NFE) Prnewswireยท2024-10-01 02:13Core Insights - Moore Law, PLLC is investigating potential claims against New Fortress Energy Inc. regarding misleading statements about its revenue outlook and growth projections [1] - The investigation highlights that New Fortress' Fast LNG projects did not meet the company's public commitments, particularly the FLNG 1 project which was expected to be operational by March 2024 [1] - The company faced significant financial repercussions, with delays costing approximately $150 million per quarter, yet continued to promote the rapid development of its facilities [1] Stock Impact - Following the news of the investigation and the associated claims, New Fortress Energy's stock price dropped by over 23% [2]