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Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of September 8, 2025 in XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP Lawsuit - XIFR
Prnewswireยท2025-08-01 13:00

Core Viewpoint - A class action securities lawsuit has been filed against XPLR Infrastructure, LP, formerly known as Nextera Energy Partners, LP, alleging securities fraud that affected investors between September 27, 2023, and January 27, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were adversely affected by alleged securities fraud during the specified period [2]. - The complaint claims that the defendants made false statements and concealed critical operational struggles of XPLR as a yieldco, including the inability to maintain operations and the risks associated with financing arrangements [3]. - It is alleged that the defendants planned to halt cash distributions to investors to address financing issues, indicating that the yieldco business model and distribution growth rate were unsustainable [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until September 8, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [5].