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FLUOR CORPORATION SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Fluor Corporation - FLR
Globenewswire· 2025-09-18 02:27
Core Viewpoint - Fluor Corporation is facing a securities class action lawsuit for failing to disclose material information during the class period from February 18, 2025, to July 31, 2025, which is in violation of federal securities laws [3]. Financial Performance - On August 1, 2025, Fluor announced its Q2 2025 financial results, reporting a non-GAAP EPS of $0.43, which missed consensus estimates by $0.13. Revenue was $3.98 billion, reflecting a 5.9% year-over-year decline and missing estimates by $570 million due to increased costs from subcontractor design errors, price hikes, scheduling delays, and reduced capital spending by customers [4]. - The company revised its financial outlook for FY 2025, guiding adjusted EBITDA to be between $475 million and $525 million, down from previous guidance of $575 million to $675 million. Adjusted EPS guidance was also lowered to $1.95 to $2.15 per share, down from $2.25 to $2.75 per share [4]. Market Reaction - Following the announcement of disappointing financial results, Fluor's share price dropped by $15.35, or 27.04%, closing at $41.42 per share on August 1, 2025 [5].
FLR Investors Have Opportunity to Lead Fluor Corporation Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-09-18 00:07
Core Viewpoint - FLR investors have the opportunity to lead a securities fraud lawsuit against Fluor Corporation with the Schall Law Firm [1] Group 1 - The lawsuit is centered around allegations of securities fraud involving Fluor Corporation [1] - The Schall Law Firm is actively seeking investors to participate in the lawsuit [1] - The legal action aims to address potential misconduct that may have affected the company's stock performance [1]
ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Fluor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLR
Globenewswire· 2025-09-17 21:16
NEW YORK, Sept. 17, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Fluor Corporation (NYSE: FLR) between February 18, 2025 and July 31, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 14, 2025. SO WHAT: If you purchased Fluor securities during the Class ...
FLR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-09-17 16:00
Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation for alleged violations of federal securities laws during the specified class period from February 18, 2025, to July 31, 2025 [1][2]. Class Definition - The lawsuit aims to recover damages for all individuals and entities that purchased or acquired Fluor securities within the defined class period [2]. Case Details - The Complaint alleges that Fluor's executives made materially false and misleading statements regarding the company's business and financial prospects, including: - Increased costs related to specific projects due to subcontractor errors, price hikes, and scheduling delays [3]. - Negative impacts on the company's business from reduced customer capital spending and economic uncertainty [3]. - Unreliable financial guidance for FY 2025 and overstated risk mitigation strategies [3]. - Overall, the public statements made by the defendants were materially false and misleading throughout the class period [3]. Next Steps - Interested investors have until November 14, 2025, to request appointment as lead plaintiff in the case [4]. - A copy of the Complaint can be reviewed on the law firm's website [4]. Cost Structure - The law firm operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if the case is successful [5]. Firm Background - Bronstein, Gewirtz & Grossman, LLC is a recognized law firm specializing in securities fraud class actions and has recovered significant amounts for investors [6].
FLUOR CORPORATION (NYSE: FLR) INVESTOR ALERT Investors With Large Losses in Fluor Corporation Should Contact Bernstein Liebhard LLP To Discuss Their Rights
Globenewswire· 2025-09-17 14:19
NEW YORK, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Fluor Corporation (“Fluor” or the “Company”) (NYSE: FLR) between February 18, 2025 and July 31, 2025, inclusive. For more information, submit a form at Fluor Corporation Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, or call us at ...
FLR INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead the Fluor Class Action Lawsuit
Businesswire· 2025-09-17 11:10
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Fluor business and prospects, resulting in its stock trading at inflated prices. ...
FLUOR CORPORATION SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Fluor Corporation - FLR
Globenewswire· 2025-09-17 02:14
Core Viewpoint - Fluor Corporation is facing a securities class action lawsuit for failing to disclose material information during the class period from February 18, 2025, to July 31, 2025, which is in violation of federal securities laws [3]. Group 1: Lawsuit Details - Investors have until November 14, 2025, to file lead plaintiff applications in the lawsuit against Fluor Corporation [1]. - The lawsuit is pending in the United States District Court for the Northern District of Texas [1]. - The case is titled Maglione v. Fluor Corporation, et al., No. 25-cv-02496 [5]. Group 2: Financial Performance - On August 1, 2025, Fluor announced its Q2 2025 financial results, reporting a non-GAAP EPS of $0.43, which missed consensus estimates by $0.13 [4]. - The company's revenue for Q2 2025 was $3.98 billion, reflecting a 5.9% year-over-year decline and missing consensus estimates by $570 million [4]. - The financial outlook for FY 2025 was negatively revised, with adjusted EBITDA guidance lowered to $475 million to $525 million from a prior range of $575 million to $675 million [4]. - Adjusted EPS guidance was also reduced to $1.95 to $2.15 per share, down from a previous range of $2.25 to $2.75 per share [4]. Group 3: Market Reaction - Following the announcement of the financial results, Fluor's share price fell by $15.35, or 27.04%, closing at $41.42 per share on August 1, 2025 [5].
Do You Own FLR Stock? Robbins LLP Informs Investors of the Fluor Corporation Class Action Lawsuit
Prnewswire· 2025-09-17 00:57
Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation for allegedly misleading investors regarding its business prospects and financial guidance during a specific period in 2025 [1][2]. Group 1: Allegations and Financial Impact - The lawsuit claims that Fluor failed to disclose rising costs associated with major projects due to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, significantly impacted Fluor's business and financial results [2]. - Following the release of disappointing financial results for Q2 2025, Fluor revised its financial outlook for FY 2025, projecting adjusted EBITDA of $475 million to $525 million, down from $575 million to $675 million, and adjusted EPS of $1.95 to $2.15, down from $2.25 to $2.75 [3]. Group 2: Stock Price Reaction - After the negative financial disclosures, Fluor's stock price dropped by $15.35 per share, or 27.04%, closing at $41.42 per share on August 1, 2025 [3]. Group 3: Class Action Participation - Shareholders who wish to participate in the class action must submit their papers by November 14, 2025, to serve as lead plaintiff [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 4: Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [5]. - The firm has a history of advocating for shareholder rights and holding company executives accountable since 2002 [5].
FLR INVESTOR ALERT: Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-09-16 21:53
Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives made misleading statements regarding project costs and financial guidance during a specified class period [1][3]. Group 1: Class Action Details - The class action lawsuit is titled Maglione v. Fluor Corporation, and it includes purchasers of Fluor securities from February 18, 2025, to July 31, 2025, with a deadline of November 14, 2025, for seeking lead plaintiff status [1][5]. - The lawsuit alleges that Fluor's costs for major infrastructure projects, including the Gordie Howe International Bridge and Texas highways, were increasing due to subcontractor errors, price hikes, and scheduling delays [2][3]. Group 2: Financial Performance and Impact - On August 1, 2025, Fluor reported second quarter 2025 non-GAAP earnings per share of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, which was a 5.9% year-over-year decline and fell short of estimates by $570 million [4]. - The disappointing financial results were attributed to rising costs in infrastructure projects and reduced capital spending by customers, leading to a negatively revised financial outlook for fiscal year 2025 [4][3]. - Following the announcement of these results, Fluor's stock price dropped by over 27% [4].
FLR Investors with Losses in Excess of $100K Have Opportunity to Lead Fluor Corporation Securities Fraud Lawsuit
Prnewswire· 2025-09-16 21:22
Core Viewpoint - Rosen Law Firm has announced the filing of a class action lawsuit on behalf of purchasers of Fluor Corporation securities between February 18, 2025, and July 31, 2025, due to alleged misleading statements and undisclosed costs impacting the company's financial results [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Fluor Corporation made false and misleading statements regarding the costs associated with several major projects, including the Gordie Howe International Bridge and various Texas highways, which were affected by subcontractor design errors, price increases, and scheduling delays [5]. - The lawsuit alleges that these issues, along with reduced customer capital spending and economic uncertainty, significantly impacted Fluor's business and financial results, rendering the company's financial guidance for 2025 unreliable [5]. - It is claimed that the defendants' public statements were materially false and misleading throughout the class period, leading to investor damages when the true details became public [5]. Group 2: Participation Information - Investors who purchased Fluor securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6].