Securities fraud probe launched for New Fortress Energy Inc. (NFE); investors experiencing financial losses advised to reach out to Glancy Prongay & Murray LLP, a prominent securities fraud law firm.

Heyy there! Guess who's sniffing out a possible financial skullduggery? That's right, Glancy Prongay & Murray LLP - a famous shareholder rights law firm - has got its nose to the ground regarding New Fortress Energy Inc. (NFE). This investigation is about as juicy as it gets, folks, because it's all about potential violations of federal securities laws!

So, what's the beef? On May 14, 2025, New Fortress Energy released their first-quarter 2025 financial results, and guess what? They missed those super-important consensus estimates with a revenue of $470.5 million. Ouch! To make matters worse, Reuters blew the lid off the real reason behind New Fortress's financial struggles - they couldn't secure long-term agreements for liquefied natural gas (LNG) for their power-generation assets in Latin America. The reason? Their credit wasn't investment-grade, which forced them to cough up more dough for their gas.

And, you won't be surprised to hear that this news sent New Fortress Energy's stock price tumbling by a whopping $4.27, or 63%, on May 15, 2025. That means it closed at a measly $2.51 per share, leaving plenty of investors with dangling jaws and clutching their portfolios in disbelief.

But fear not, folks! If you're one of those investors who took a hit, Glancy Prongay & Murray LLP wants to hear from you. Click here to learn more about potentially pursuing claims to recover your loss.

If you're curious to know more about this action or have any questions, don't hesitate to contact them. Here are the deets:

Charles Linehan, Esq., Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.

They're also active on LinkedIn, Twitter, and Facebook...so if you fancy staying in the loop, give them a follow!

Now, if you've got some top-secret information about New Fortress, consider sharing it to help 'em out. You could even score a reward of up to 30% of any successful recovery made by the SEC through the Whistleblower Program. If you're keen, call Charles H. Linehan at 310-201-9150 or 888-773-9224, or shoot them an email at [email protected].

Glancy Prongay & Murray LLP, with offices across the country, has a reputation for winning groundbreaking rulings and recovery of billions for investors and consumers in securities, antitrust, consumer, and employment class actions. Stretching back to 2018, they've been known for being in the Top 5 law firms for the number of securities class action settlements and the Top 6 for total dollar size of settlements.

Just remember, this press release may be considered Attorney Advertising in some jurisdictions.

Contact Info:

Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Website: www.glancylaw.com.

Who'd have thought a simple financial revelation could whip up such a storm, eh? Keep your eyes peeled for more updates on this rollercoaster ride!

References:

[1] Business Wire (2022, June 2). Glancy Prongay & Murray LLP Commences an Investigation on Behalf of New Fortress Energy Inc. (NFE) Investors Regarding Potential Violations of Federal Securities Laws. Business Wire. Retrieved June 8, 2022, from https://www.businesswire.com/news/home/20220602005790/en/Glancy-Prongay-Murray-LLP-Commences-an-Investigation-on-Behalf-of-New-Fortress-Energy- Inc.-%28NFE%29-Investors-Regarding-Potential-Violations-of-Federal-Securities-Laws#section3

Amidst the ongoing investigation by Glancy Prongay & Murray LLP into potential violations of federal securities laws by New Fortress Energy Inc. (NFE), it's essential for investors to stay informed about personal-finance implications and potential opportunities for recovery, as per the recent news about New Fortress Energy's missed financial estimates and their inability to secure long-term liquefied natural gas agreements.
With significant financial ramifications for investors, such as the sharp drop in New Fortress Energy's stock price following the revelation of their credit issues, keeping a close eye on cloudy financial news, like this one, could prove crucial for investors' personal-finance management and potentially present opportunities for investing wisely in the future.

Securities fraud probe launched for New Fortress Energy Inc. (NFE); investors experiencing financial losses advised to reach out to Glancy Prongay & Murray LLP, a prominent securities fraud law firm.