NFE DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages New Fortress Energy Inc. Investors to Secure Counsel Before Important November 18 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 purchased New Fortress securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by November 18, 2024 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]. Group 3: Case Background - The lawsuit alleges that during the Class Period, New Fortress misled investors regarding its revenue outlook and growth potential, particularly concerning its Fast Liquefied Natural Gas (LNG) projects [5]. - New Fortress' 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 lawsuit claims that the misleading statements led to investor damages when the true situation was revealed [5].