Law Offices of Howard G. Smith announces an investigation on behalf of New Fortress Energy Inc. (“New Fortress” or the “Company”) (NASDAQ: NFE) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN NEW FORTRESS ENERGY INC. (NFE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On May 14, 2025, New Fortress released its first quarter 2025 financial results, reporting revenue of $470.5 million, missing 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.”
On this news, New Fortress’s stock price fell $4.27, or 63%, to close at $2.51 per share on May 15, 2025, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased New Fortress securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250527949512/en/
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
