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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of National Grid plc - NGG

1. Pomerantz LLP investigates claims against National Grid for potential securities fraud. 2. A fire caused by National Grid's substation led to Heathrow's shutdown. 3. Heathrow may pursue legal action against National Grid for negligence. 4. NGG ADR price dropped 5.07% following the incident. 5. National Grid had previous knowledge of the substation issue since 2018.

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FAQ

Why Very Bearish?

The ongoing investigation and potential legal actions significantly undermine investor confidence, reminiscent of past fraud cases like Enron, which led to severe stock declines.

How important is it?

The investigation directly affects shareholder sentiment and expectations, making it highly relevant to stock performance.

Why Long Term?

Legal proceedings can take years to resolve, affecting stock stability and long-term reputation, similar to the impact on BP following the Deepwater Horizon incident.

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BPDTEEDAESSRE
NEW YORK, July 06, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of National Grid plc (“National Grid” or the “Company”) (NYSE: NGG). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether National Grid and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On July 1, 2025, the United Kingdom’s energy system operator, National Energy System Operator (“NESO”), published a report 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.  On this news, National Grid’s American Depositary Receipt (“ADR”) price fell $3.77 per ADR, or 5.07%, to close at $70.61 per ADR on July 2, 2025. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, London, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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