New Fortress Energy(NFE) Prnewswire·2024-11-13 16:53Core Viewpoint - Securities class action lawsuits have been filed against New Fortress Energy Inc. for alleged misleading statements and failure to disclose critical information regarding its revenue outlook and project progress during the specified class period [1][3]. Group 1: Allegations Against New Fortress - Defendants allegedly created a false impression of having reliable information about New Fortress' projected revenue and growth while downplaying risks associated with its Fast LNG projects [3]. - The complaints specifically state that New Fortress' Fast LNG 1 project did not meet the publicly stated timeline, which indicated it would be operational by March 2024 [3]. Group 2: Legal Process for Investors - Investors in New Fortress have until November 18, 2024, to seek appointment as lead plaintiff representatives in the class action lawsuit [4]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest and who are representative of the class [4]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [6].