Bragar Eagel & Squire, P.C. Highlights Class Action Lawsuits Against Semtech, Atkore, Newmont, and Venture Global

NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a prominent shareholder rights law firm, has announced that class action lawsuits have been filed on behalf of investors in Semtech Corporation (SMTC), Atkore Inc. (ATKR), Newmont Corporation (NEM), and Venture Global, Inc. (VG). Investors interested in taking part in these lawsuits should note the deadlines outlined below for petitioning the court to serve as lead plaintiff.

Semtech Corporation (SMTC)

Class Period: August 27, 2024 - February 7, 2025
Lead Plaintiff Deadline: April 22, 2025

The complaint asserts that during the class period, defendants made false and misleading statements, failing to disclose critical negative information regarding the company's business and future. Notably, it is claimed that the CopperEdge products did not satisfy the requirements of key customers, prompting adjustments that would adversely affect sales projections for fiscal 2026. As a result, the optimistic portrayal of Semtech's business environment was deemed misleading.

Atkore Inc. (ATKR)

Class Period: February 1, 2024 - February 3, 2025
Lead Plaintiff Deadline: April 23, 2025

This complaint outlines that Atkore allegedly engaged in an unlawful price-fixing strategy for PVC pipes, artificially inflating prices and securing unsustainable profits. As the scheme became known, Atkore and its collaborators lost the ability to dictate prices, resulting in a market downturn that severely impacted the company's operations. The allegations suggest that previous assertions about Atkore's business health were grossly inaccurate.

Newmont Corporation (NEM)

Class Period: February 22, 2024 - October 23, 2024
Lead Plaintiff Deadline: April 1, 2025

Investors claim that Newmont executives misrepresented the company's revenue outlook and production capacities, creating an inaccurate picture of growth potential. The lawsuit highlights failures in acknowledging variables that would affect performance, straying from factual reporting to convey optimism.

Venture Global, Inc. (VG)

Class Period: Related to the IPO registration statement on January 24, 2025
Lead Plaintiff Deadline: April 18, 2025

The complaint filed against Venture Global alleges that the company made misleading representations regarding its ability to deliver liquefied natural gas (LNG) due to contractual dependencies. Legal disputes with major clients such as BP and Shell regarding delays in supply contracts were reportedly not disclosed, leading to inflated expectations of the company’s financial success.

About Bragar Eagel & Squire, P.C.

Bragar Eagel & Squire, P.C. is a respected law firm specializing in the protection of shareholder rights, with offices located in New York, California, and South Carolina. The firm represents both individual and institutional investors involved in various types of litigation in federal and state courts nationwide. For additional insights about the firm, please visit www.bespc.com. Please note that attorney advertising laws apply, and past results do not guarantee future success.

lawsuit, investors, stocks, Semtech, Atkore, Newmont, VentureGlobal