Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation and certain officers for alleged violations of federal securities laws during the Class Period from February 18, 2025, to July 31, 2025, seeking damages for affected investors [1][2]. Company Overview - Fluor Corporation provides engineering, procurement, and construction (EPC), fabrication and modularization, and project management services globally, operating through three segments: Urban Solutions, Energy Solutions, and Mission Solutions [4]. Financial Performance and Guidance - In February 2025, Fluor projected adjusted EBITDA for FY 2025 to be between $575 million and $675 million, and adjusted EPS between $2.25 and $2.75 per share, which was reaffirmed in May 2025 despite acknowledging potential negative impacts from economic uncertainty [6]. - On August 1, 2025, Fluor reported Q2 2025 results, with non-GAAP EPS of $0.43, missing estimates by $0.13, and revenue of $3.98 billion, a 5.9% year-over-year decline, also missing estimates by $570 million [8]. - The revised financial outlook for FY 2025 was adjusted to an EBITDA of $475 million to $525 million and EPS of $1.95 to $2.15 per share, significantly lower than previous guidance [8]. Allegations and Impact - The lawsuit alleges that Fluor's executives made materially false and misleading statements regarding the company's business and financial health, particularly concerning rising costs in key infrastructure projects and the impact of economic uncertainty on operations [7]. - Following the disappointing Q2 results and disclosures about project issues, Fluor's stock price fell by $15.35 per share, or 27.04%, closing at $41.42 on August 1, 2025 [9].

Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation (FLR) by Berger Montague on behalf of investors who acquired shares between February 18, 2025, and July 31, 2025, due to alleged misrepresentation of the company's financial condition and undisclosed issues with major infrastructure projects [1][3]. Company Overview - Fluor Corporation, headquartered in Irving, Texas, provides engineering, procurement, construction, and project management services globally, with its Urban Solutions segment being the largest revenue contributor [2]. Allegations and Investigation - The investigation focuses on claims that FLR misrepresented its financial health and concealed rising costs and delays in key infrastructure projects, specifically the Gordie Howe, I-635/LBJ, and I-35 projects, which are vital to its Urban Solutions segment [3]. Financial Performance - On August 1, 2025, FLR reported disappointing Q2 2025 results, with earnings per share (EPS) of $0.43 and revenue of $3.98 billion, missing consensus estimates by $0.13 and $570 million, respectively. The company also reduced its full-year forecast, attributing the shortfall to project execution failures and a slowdown in new contract awards. Following this announcement, FLR's stock price fell over 27%, closing at $41.42 on the same day [4]. Market Reaction - In the wake of the disappointing results, several brokerages downgraded FLR's stock, citing significant concerns regarding the company's internal controls and transparency [5].

Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation for misleading statements regarding financial guidance and project costs during the Class Period from February 18, 2025, to July 31, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit alleges that Fluor Corporation made false and misleading statements about project costs related to the Gordie Howe International Bridge and various Texas highways, which were impacted by subcontractor errors, price increases, and scheduling delays [5]. - It is claimed that these issues, along with reduced capital spending from customers and economic uncertainty, negatively affected Fluor's business and financial results [5]. - The lawsuit asserts that Fluor's financial guidance for 2025 was unreliable and that the company's risk mitigation strategies were overstated [5]. Group 2: Investor 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]. - Interested investors can join the class action by visiting the provided link or contacting the law firm for more information [3][6]. - A lead plaintiff must be appointed by November 14, 2025, to represent the class in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions for investors [4].

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Fluor Corporation ("Fluor†or the "Company†) (NYSE: FLR) securities between February 18, 2025 and July 31, 2025, inclusive (the "Class Period†). Fluor investors have until November 14, 2025 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON YOUR FLUOR. ...

Core Viewpoint - Fluor Corporation is facing a lawsuit for alleged violations of securities laws, which may impact its financial standing and investor confidence [1] Company Summary - The lawsuit has been initiated by the DJS Law Group, indicating potential legal challenges for Fluor Corporation [1]

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Fluor Corporation securities, alleging that the company made false and misleading statements regarding its financial health and project costs during the specified Class Period from February 18, 2025, to July 31, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Fluor Corporation failed to disclose increasing costs related to several major projects, including the Gordie Howe International Bridge and various Texas highways, due to subcontractor errors, price increases, and scheduling delays [5]. - It is alleged that these undisclosed issues, along with reduced customer capital spending and economic uncertainty, negatively impacted Fluor's business and financial results [5]. - The lawsuit asserts that Fluor's financial guidance for 2025 was unreliable and that the company's risk mitigation strategies were overstated, leading to materially false public statements [5]. Group 2: Class Action Participation - 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 participate in the class action, investors can submit their information through the provided link or contact the law firm directly [3][6]. - A lead plaintiff is needed to represent the class, and interested parties must file their motion by November 14, 2025 [1][3].

Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation for securities fraud, following a significant drop in stock price after the company reported disappointing financial results for Q2 2025 [1][3]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of investors who purchased Fluor securities between February 18, 2025, and July 31, 2025, with a deadline of November 14, 2025, to file a lead plaintiff motion [1][2]. - The lawsuit alleges that Fluor made materially false and misleading statements regarding its business operations and financial outlook during the class period [4]. Group 2: Financial Performance - On August 1, 2025, Fluor reported Q2 2025 financial results that missed consensus estimates, attributing the shortfall to rising costs from subcontractor design errors, price increases, and scheduling delays, along with reduced capital spending from clients [3]. - Following the announcement, Fluor's stock price fell by $15.35, or 27%, closing at $41.42 per share, which negatively impacted investors [3]. Group 3: Allegations Against Defendants - The complaint claims that the defendants failed to disclose significant adverse facts, including rising costs in key projects and the negative impact of economic uncertainty on the company's financial results [4]. - It is alleged that Fluor's financial guidance for FY 2025 was unreliable, and the effectiveness of its risk mitigation strategies was overstated [4].

Core Viewpoint - A securities class action lawsuit has been filed against Fluor Corporation for alleged misleading statements and undisclosed costs related to specific projects, impacting the company's financial guidance and risk assessment [1][2]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Fluor securities between February 18, 2025, and July 31, 2025, with a lead plaintiff deadline set for November 14, 2025 [1]. - Allegations include that Fluor failed to disclose rising costs associated with the Gordie Howe International Bridge and Texas highway projects due to subcontractor errors, price increases, and scheduling delays [2]. - The complaint asserts that these issues, along with reduced customer capital spending and economic uncertainty, negatively impacted Fluor's business and financial results [2]. Group 2: Lead Plaintiff Process - Investors may seek to be appointed as lead plaintiffs by the November 14, 2025 deadline, or they can choose to remain absent class members [3]. - The lead plaintiff represents the interests of all class members and selects legal counsel for the case [3]. Group 3: Law Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Fluor Corporation ("Fluor†or the "Company†) (NYSE: FLR) securities between February 18, 2025 and July 31, 2025, inclusive (the "Class Period†). Fluor investors have until November 14, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FLUOR CORPORATION (FLR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTIC. ...

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Fluor business and prospects, resulting in its stock trading at inflated prices. ...