National Grid Faces Class Action Over Misleading Information
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 10 2026
0mins
Should l Buy NGG?
Source: Globenewswire
- Legal Investigation Initiated: Rosen Law Firm is investigating potential securities claims against National Grid plc for possibly issuing materially misleading business information, allowing affected investors to seek compensation without upfront costs.
- Incident Background: On July 2, 2025, Reuters reported that a fire causing the shutdown of London’s Heathrow Airport was due to National Grid's failure to maintain an electricity substation, prompting an investigation by the energy regulator and highlighting significant safety management failures.
- Stock Price Impact: Following the report, National Grid's American Depositary Shares (ADSs) fell by 5% on July 2, 2024, indicating market concerns over the company's management and transparency, which could undermine investor confidence.
- Class Action Preparation: Rosen Law Firm is preparing a class action to recover investor losses, suggesting that legal actions could have long-term implications for National Grid's reputation and financial health.
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Analyst Views on NGG
Wall Street analysts forecast NGG stock price to fall
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 89.850
Low
85.50
Averages
85.50
High
85.50
Current: 89.850
Low
85.50
Averages
85.50
High
85.50
About NGG
National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes electricity distribution networks of NGED in the East Midlands, West Midlands and South West of England and South Wales. The New England segment includes electricity distribution networks, high-voltage electricity transmission networks and gas distribution networks in New England. The New York segment includes electricity distribution networks, high-voltage electricity transmission networks and gas distribution networks in New York.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Class Action Preparation: Investors who purchased National Grid securities may be eligible for compensation through a contingency fee arrangement, indicating the firm's dedication to providing legal support for affected shareholders.
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- Legal Investigation Launched: Rosen Law Firm is investigating potential securities claims against National Grid (NYSE:NGG) for allegedly issuing misleading business information, indicating significant legal risks for the company and potential compensation for affected investors.
- Stock Price Impact: Following a report on July 2, 2025, linking National Grid's failure to maintain an electricity substation to a fire at Heathrow Airport, National Grid's American Depositary Shares (ADS) fell by 5%, reflecting market concerns over the company's governance and operational capabilities.
- Class Action Preparation: The firm is preparing a class action to recover investor losses, highlighting investor concerns regarding the company's transparency and accountability, which may affect future investor confidence.
- Historical Context: The incident stems from a report stating that the issue leading to the fire was identified seven years prior but left unaddressed, exacerbating the public and regulatory trust crisis surrounding National Grid.
See More
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- Surging Market Demand: U.S. electricity demand is soaring due to electric vehicles, data centers, and extreme temperatures, prompting utilities to adopt virtual power plants (VPPs) to ensure grid stability as traditional coal and gas plants retire rapidly.
- National Grid's Performance Growth: National Grid's stock has risen nearly 40% over the past year, reporting an underlying profit of £2.29 billion, up 12% year-over-year in its half-year report, reflecting successful implementation in the VPP sector amid strong market demand.
- Sunrun's Expansion Plans: As the largest home-to-grid distributed power plant operator in the U.S., Sunrun has enrolled 106,000 customers in 17 VPP programs and collaborated with three utilities to provide a 500-megawatt VPP, aimed at preventing rolling blackouts during peak times.
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See More
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See More
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- Market Focus: Veolia Environnement SA and EDPR, S.A. also received EPS revision grades of F and D, respectively, highlighting that these companies are under greater earnings pressure, potentially impacting their stock performance and market competitiveness.
- Industry Trends: Evergy, Inc. and Duke Energy Corporation received D+ ratings, reflecting a broader weakening of earnings momentum in the utility sector, which may reduce investor interest in this industry.
- Investor Caution: As earnings season unfolds, market scrutiny on utility stocks intensifies, particularly for those with lower ratings, which may prompt investors to reassess associated risks.
See More
Rosen Law Firm Investigates National Grid for Misleading Information Claims
- Securities Claims Investigation: Rosen Law Firm is investigating potential securities claims against National Grid (NYSE: NGG) for possibly issuing misleading business information, emphasizing its commitment to protecting investor rights.
- Class Action Preparation: Investors who purchased National Grid securities may be eligible for compensation through a contingency fee arrangement, indicating the firm's dedication to providing legal support for affected shareholders.
- Fire Incident Impact: The fire incident at London Heathrow Airport in March 2025, attributed to National Grid's failure to maintain an electricity substation, led to a 5% drop in the company's American Depositary Shares (ADSs) on July 2, 2024, reflecting market concerns over corporate governance.
- Firm Reputation: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its leadership position in the industry and commitment to safeguarding investor interests.
See More
Rosen Law Firm Investigates National Grid for Misleading Information Claims
- Legal Investigation Launched: Rosen Law Firm is investigating potential securities claims against National Grid (NYSE:NGG) for allegedly issuing misleading business information, indicating significant legal risks for the company and potential compensation for affected investors.
- Stock Price Impact: Following a report on July 2, 2025, linking National Grid's failure to maintain an electricity substation to a fire at Heathrow Airport, National Grid's American Depositary Shares (ADS) fell by 5%, reflecting market concerns over the company's governance and operational capabilities.
- Class Action Preparation: The firm is preparing a class action to recover investor losses, highlighting investor concerns regarding the company's transparency and accountability, which may affect future investor confidence.
- Historical Context: The incident stems from a report stating that the issue leading to the fire was identified seven years prior but left unaddressed, exacerbating the public and regulatory trust crisis surrounding National Grid.
See More
