Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against New Fortress Energy, Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New Fortress Energy, Inc. (“New Fortress” or “the Company”) (NASDAQ: NFE). Investors who purchased New Fortress securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether New Fortress has violated federal securities laws.
Investigation Details
On May 14, 2025, New Fortress released its first-quarter 2025 financial results, reporting revenue of $470.5 million, which missed consensus estimates. The same day, Reuters published an article stating that New Fortress’s “financial woes stem from its inability to secure [liquefied natural gas] for its power-generation assets in Latin America on long-term agreements because its credit was not rated investment-grade and had to acquire the gas at higher prices.” Following this news, New Fortress stock dropped thereby damaging investors.
What’s Next?
If you are aware of any facts relating to this investigation or purchased New Fortress securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
NFE — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”