NEW YORK , Sept. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of New Fortress Energy Inc. (NASDAQ: NFE).
Shareholders who purchased shares of NFE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.
com/securities/new-fortress-energy-inc-loss-submission-form/?id=105048&from=4 CLASS PERIOD: February 29, 2024 to August 8, 2024 ALLEGATIONS: The filed complaint alleged that defendants created the false impression that they possessed reliable information pertaining to the Company's projected revenue outlook and anticipated growth while simultaneously minimizing the risk involved in New Fortress' plan to have its Fast Liquefied Natural Gas ("LNG") projects fully operational and to increase business growth globally. In reality, New Fortress' Fast LNG projects failed to fulfill the Company's public statements that its FLNG 1 project would be in service by March 2024 . Even following the announcement that these delays were costing the Company upwards of $150 million per quarter, defendants continued to tout the speed at which New Fortress was building facilities.
Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections that did not account for these variables. DEADLINE: November 18, 2024 Shareholders sh.
