StockNews.AI
NGG
StockNews.AI
41 days

Kirby McInerney LLP Announces Investigation Against National Grid plc on Behalf of Investors

1. Kirby McInerney LLP is investigating National Grid for potential securities law violations. 2. A fire at Heathrow Airport linked to National Grid's substation raised concerns. 3. National Grid was aware of the substation fault since 2018 but did not repair it. 4. National Grid's ADR dropped by over 5% following the publicized investigation. 5. The investigation could lead to significant litigation costs for National Grid.

3m saved
Insight
Article

FAQ

Why Bearish?

Recent investigation and price drop indicate significant investor concerns. Historical cases show investor distrust can further depress stock price.

How important is it?

The ongoing legal issues can directly impact investor trust and stock performance. Numerous investors may reconsider their positions due to litigation risks.

Why Short Term?

The investigation's immediate effects are likely to influence trading in the near future. Similar past investigations have led to quick price adjustments in affected stocks.

Related Companies

NGGUKGDTE
NEW YORK, Aug. 19, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against National Grid USA Service Company, Inc. (“National Grid” or the “Company”) (NYSE: NGG). The investigation concerns whether National Grid and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] 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. On this news, the price of National Grid’s American Depositary Receipt (“ADR”) declined by $3.77 per ADR, or approximately 5.07%, from $74.38 per share on July 1, 2025 to close at $70.61 on July 2, 2025. If you purchased or otherwise acquired National Grid securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out the form below to discuss your rights or interests with respect to these matters without any cost to you. [CONTACT US] Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. ContactsKirby McInerney LLPThomas W. Elrod, Esq.212-699-1180https://www.kmllp.cominvestigations@kmllp.com

Related News