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]
RLF, SKILLED INVESTOR COUNSEL, Encourages New Fortress Energy Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NFE