National Grid Investors File Lawsuit Over Safety Failures
PorAinvest
miércoles, 9 de julio de 2025, 6:22 pm ET1 min de lectura
MORN--
According to a report published by the National Energy System Operator (NESO) in the UK, the fire was caused by a known fault at an electrical substation owned by National Grid. The company had been aware of the problem since 2018 but failed to rectify it. This oversight led to a catastrophic failure, causing the transformer to catch fire and resulting in the closure of Heathrow Airport for most of March 21, 2025 [3].
The incident caused National Grid's stock price to fall by $3.77, or 5.1%, to close at $70.61 per share on July 2, 2025 [1, 2]. Investors who suffered financial losses as a result of this event are being advised to contact the Law Offices of Howard G. Smith or the Law Offices of Frank R. Cruz to discuss potential claims [1, 2].
The Law Offices of Howard G. Smith, based in Bensalem, Pennsylvania, is conducting an investigation on behalf of National Grid investors concerning possible violations of federal securities laws. Investors can contact the firm via email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847, or visit their website at www.howardsmithlaw.com [1].
Similarly, the Law Offices of Frank R. Cruz, based in Century City, California, is also investigating claims on behalf of National Grid investors. They can be reached via telephone at 310-914-5007, by email at info@frankcruzlaw.com, or through their website at www.frankcruzlaw.com [2].
The NESO report also highlighted several recommendations to improve the resilience of the UK's energy system and critical national infrastructure (CNI). These recommendations include improvements in asset management systems, maintenance actions, fire and asset risk assessments, and incident management protocols [3].
Investors who purchased National Grid securities and have information or questions concerning these claims are encouraged to contact the respective law firms to discuss their legal rights and potential claims.
References:
[1] https://www.businesswire.com/news/home/20250709841764/en/National-Grid-plc-NGG-Investors-Who-Lost-Money-Contact-Law-Offices-of-Howard-G.-Smith-About-Securities-Fraud-Investigation
[2] https://www.morningstar.com/news/business-wire/20250709246744/securities-fraud-investigation-into-national-grid-plc-ngg-announced-investors-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz
[3] https://www.passengerterminaltoday.com/news/operations-news/neso-report-reveals-root-cause-of-substation-fire-that-closed-heathrow-airport.html
NGG--
Law Offices of Howard G. Smith is investigating National Grid plc investors who lost money due to a fire at an electrical substation owned by the company. The fire caused Heathrow Airport to shut down, and National Grid's stock price fell 5.1% on July 2, 2025. Investors who suffered a loss can contact the law firm to discuss potentially pursuing claims to recover their loss.
Investors in National Grid plc (NGG) are being urged to contact law firms to discuss potential claims following a significant drop in the company's stock price. The decline, which occurred on July 2, 2025, was attributed to a fire at an electrical substation owned by National Grid. The fire, which took place on March 20, 2025, resulted in the temporary closure of Heathrow Airport, causing widespread disruption.According to a report published by the National Energy System Operator (NESO) in the UK, the fire was caused by a known fault at an electrical substation owned by National Grid. The company had been aware of the problem since 2018 but failed to rectify it. This oversight led to a catastrophic failure, causing the transformer to catch fire and resulting in the closure of Heathrow Airport for most of March 21, 2025 [3].
The incident caused National Grid's stock price to fall by $3.77, or 5.1%, to close at $70.61 per share on July 2, 2025 [1, 2]. Investors who suffered financial losses as a result of this event are being advised to contact the Law Offices of Howard G. Smith or the Law Offices of Frank R. Cruz to discuss potential claims [1, 2].
The Law Offices of Howard G. Smith, based in Bensalem, Pennsylvania, is conducting an investigation on behalf of National Grid investors concerning possible violations of federal securities laws. Investors can contact the firm via email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847, or visit their website at www.howardsmithlaw.com [1].
Similarly, the Law Offices of Frank R. Cruz, based in Century City, California, is also investigating claims on behalf of National Grid investors. They can be reached via telephone at 310-914-5007, by email at info@frankcruzlaw.com, or through their website at www.frankcruzlaw.com [2].
The NESO report also highlighted several recommendations to improve the resilience of the UK's energy system and critical national infrastructure (CNI). These recommendations include improvements in asset management systems, maintenance actions, fire and asset risk assessments, and incident management protocols [3].
Investors who purchased National Grid securities and have information or questions concerning these claims are encouraged to contact the respective law firms to discuss their legal rights and potential claims.
References:
[1] https://www.businesswire.com/news/home/20250709841764/en/National-Grid-plc-NGG-Investors-Who-Lost-Money-Contact-Law-Offices-of-Howard-G.-Smith-About-Securities-Fraud-Investigation
[2] https://www.morningstar.com/news/business-wire/20250709246744/securities-fraud-investigation-into-national-grid-plc-ngg-announced-investors-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz
[3] https://www.passengerterminaltoday.com/news/operations-news/neso-report-reveals-root-cause-of-substation-fire-that-closed-heathrow-airport.html

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