Did National Grid plc Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - NGG
Did National Grid plc Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - NGG
Press Release Date 07-14-2025
NEW YORK, NY / ACCESS Newswire / July 14, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of National Grid plc ("National Grid plc") (NYSE:NGG) concerning possible violations of federal securities laws.
The United Kingdom's energy system operator, National Energy System Operator ("NESO"), published a report on July 1, 2025, summarizing the findings of its investigation into the March 20, 2025 fire that caused Heathrow Airport to shut down. NESO's report stated that the fire was caused by a known fault at an electrical substation owned by National Grid, which had been aware of the problem since 2018 but failed to fix it. Media outlets subsequently reported that Heathrow Airport was considering legal action against National Grid.
Following this news, National Grid's American Depositary Receipt ("ADR") price fell over 5% on July 2, 2025. To obtain additional information, go to:
https://zlk.com/pslra-1/national-grid-plc-lawsuit-submission-form?prid=156545&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire