NFE DEADLINE: ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages New Fortress Energy Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – NFE

Core Viewpoint - Rosen Law Firm is reminding investors who purchased New Fortress Energy Inc. securities between February 29, 2024, and August 8, 2024, of the upcoming lead plaintiff deadline on November 18, 2024, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought New Fortress securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 18, 2024 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Background - The lawsuit alleges that during the Class Period, New Fortress misled investors regarding its revenue outlook and growth potential, while downplaying risks associated with its Fast Liquefied Natural Gas (LNG) projects [5]. - Specifically, the FLNG 1 project was expected to be operational by March 2024, but delays resulted in costs exceeding $150 million per quarter, which were not disclosed to investors [5]. - The misleading statements led to investor damages when the true situation was revealed [5].