Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation and certain executives for allegedly making false and misleading statements during the class period from February 18, 2025, to July 31, 2025 [1][2][3] Company Overview - Fluor Corporation provides engineering, procurement, construction, fabrication, modularization, and project management services through its Urban Solutions, Energy Solutions, and Mission Solutions segments [2] - The Urban Solutions division was the largest contributor to revenue and profit during 2024 and early 2025 [2] Allegations - The lawsuit claims that Fluor and its executives failed to disclose significant issues, including rising costs tied to major infrastructure projects, customer reductions in capital spending, and unrealistic financial guidance [3][7] - Specific allegations include overstating the effectiveness of risk mitigation strategies and downplaying risks from economic conditions [7] Financial Performance - In February 2025, Fluor issued FY 2025 guidance of adjusted EBITDA between $575 million and $675 million and EPS between $2.25 and $2.75 [7] - In May 2025, the guidance was reaffirmed despite acknowledged market uncertainty [7] - On August 1, 2025, Fluor reported Q2 results with EPS of $0.43, missing estimates by $0.13, and revenue of $3.98 billion, down 5.9% year-over-year and $570 million below expectations [7] - Following these disclosures, FY 2025 guidance was cut to adjusted EBITDA between $475 million and $525 million and EPS between $1.95 and $2.15, citing project cost overruns, delays, and client spending hesitation [7] Market Impact - Following the August 1, 2025 disclosures, Fluor's stock price dropped 27%, closing at $41.42 per share [4]

Core Viewpoint - The Law Offices of Frank R. Cruz is investigating Fluor Corporation for potential violations of federal securities laws, particularly concerning financial results released on August 1, 2025 [1] Group 1 - The investigation is initiated on behalf of investors who may have incurred losses related to Fluor Corporation [1] - Fluor Corporation is listed on the NYSE under the ticker FLR [1] - The investigation follows the release of Fluor's second quarter 2025 financial results [1]

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][5]. 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 [3]. Financial Guidance and Performance - 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 [4]. - 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 [6][7]. Allegations and Impact - The lawsuit alleges that Fluor's executives made materially false and misleading statements regarding the company's business and financial outlook, particularly concerning rising costs and project delays related to key infrastructure projects [5]. - Following the disappointing Q2 results and revised financial outlook, Fluor's stock price fell by $15.35 per share, or 27.04%, closing at $41.42 on August 1, 2025 [8].

NEW YORK, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Fluor Corporation (“Fluor” or the “Company”) (NYSE: FLR) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join This Class Action Lawsuit? Do you, or did you, own shares of Fluor Corporation (NYSE: FLR)?Did you purchase your shares between February 18, 2025 and July 31, 2025, inclusive?Did you lose money in y ...

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].

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]

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 ...

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].

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 ...

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