Kessler Topaz Meltzer & Check, LLP Announces Securities Fraud Class Action Lawsuit Filed Against New Fortress Energy Inc.

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].