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November 14, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against FLR
Globenewswire· 2025-10-20 20:23
Core Viewpoint - A class action securities lawsuit has been filed against Fluor Corporation, alleging securities fraud that negatively impacted investors between February 18, 2025, and July 31, 2025 [1][2] Group 1: Allegations of Fraud - The lawsuit claims that Fluor Corporation made false statements regarding the costs associated with its infrastructure projects, which were increasing due to subcontractor design errors, price hikes, and scheduling delays [2] - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, were likely to have a significant negative impact on the Company's business and financial results [2] - The financial guidance provided by Fluor for FY 2025 is claimed to be unreliable and overstated regarding the effectiveness of its risk mitigation strategies and the impact of economic uncertainty [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until November 14, 2025, to request to be appointed as lead plaintiff in the lawsuit [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]
Investors in Fluor Corporation Should Contact The Gross Law Firm Before November 14, 2025 to Discuss Your Rights - FLR
Prnewswire· 2025-10-20 12:45
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) costs associated with the Company's infrastructure projects; Gordie Howe, I-635/LBJ, and I-35 were growing because of, inter alia, subcontractor design errors, price increases, and scheduling delays; (ii) the foregoing, as well as customer reduction in capital spending and client hesitation around economic uncertainty, was having, or was likely ...
ROSEN, NATIONAL INVESTOR RIGHTS COUNSEL, Encourages Fluor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLR
Globenewswire· 2025-10-19 01:59
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fluor Corporation securities between February 18, 2025, and July 31, 2025, about the upcoming lead plaintiff deadline on November 14, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Fluor securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the deadline [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Case Allegations - The lawsuit alleges 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 [4] - It is claimed that these issues, along with reduced customer capital spending and economic uncertainty, negatively impacted Fluor's business and financial results [4] - The lawsuit asserts that Fluor's financial guidance for 2025 was unreliable, and the effectiveness of its risk mitigation strategies was overstated [4]
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Fluor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - FLR
Markets.Businessinsider.Com· 2025-10-19 01:23
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fluor Corporation securities between February 18, 2025, and July 31, 2025, about the upcoming lead plaintiff deadline on November 14, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Fluor securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - The lead plaintiff must file a motion with the Court by November 14, 2025, to represent other class members in the litigation [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that Fluor Corporation made false and misleading statements regarding project costs and financial guidance, which were impacted by subcontractor errors, price increases, and economic uncertainty [5]. - It is claimed that these misstatements led to significant negative impacts on Fluor's business and financial results, resulting in damages for investors when the true information became public [5].
Fluor Corporation Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before November 14, 2025 to Discuss Your Rights – FLR
Globenewswire· 2025-10-17 20:41
NEW YORK, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fluor Corporation ("Fluor Corporation" or the "Company") (NYSE: FLR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fluor Corporation investors who were adversely affected by alleged securities fraud between February 18, 2025 and July 31, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fluor-cor ...
Investors in Fluor Corporation Should Contact The Gross Law Firm Before November 14, 2025 to Discuss Your Rights – FLR
Globenewswire· 2025-10-16 20:00
NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Fluor Corporation (NYSE: FLR). Shareholders who purchased shares of FLR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/fluor-corporation-loss-submission-form/?id=172051&from=3 CLASS PERIOD: February 18, ...
FLR INVESTOR NOTICE: Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit – RGRD LLP
Globenewswire· 2025-10-14 22:43
Core Viewpoint - Fluor Corporation is facing a class action lawsuit for 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: Lawsuit Details - The class action lawsuit, titled Maglione v. Fluor Corporation, allows purchasers of Fluor securities from February 18, 2025, to July 31, 2025, to seek lead plaintiff status by November 14, 2025 [1]. - 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 Impact - 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 is a 5.9% year-over-year decline and $570 million below expectations [4]. - Following the disappointing earnings report, Fluor's stock price dropped by over 27%, attributed to rising costs and reduced capital spending from clients [4]. Group 3: Allegations of Misleading Information - The lawsuit claims that Fluor's financial guidance for fiscal year 2025 was unrealistic and that the company overstated the effectiveness of its risk mitigation strategies while understating the impact of economic uncertainty on its business [3].
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Fluor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLR
Globenewswire· 2025-10-14 19:38
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fluor Corporation securities between February 18, 2025, and July 31, 2025, about the upcoming lead plaintiff deadline of November 14, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Fluor securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 14, 2025 [2] - The lawsuit alleges that Fluor made false and misleading statements regarding project costs and financial guidance, which negatively impacted its business and financial results [4] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3]
SHAREHOLDER ALERT: Berger Montague Reminds Fluor Corporation (NYSE: FLR) Investors of Class Action Lawsuit Deadline
Prnewswire· 2025-10-14 12:41
Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation (FLR) for allegedly concealing significant cost overruns and execution problems on key infrastructure projects, leading to a sharp decline in stock value and investor confidence [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased FLR shares between February 18, 2025, and July 31, 2025 [1][2]. - Investors have until November 14, 2025, to seek appointment as lead plaintiff representative of the class [2]. Group 2: Company Background - Fluor Corporation, headquartered in Irving, Texas, provides engineering, procurement, construction, and project management services globally, with its Urban Solutions segment being the largest revenue driver [2]. Group 3: Allegations and Financial Impact - FLR is accused of hiding cost overruns and execution issues on major projects, including the Gordie Howe International Bridge and I-635/LBJ, due to subcontractor errors, supply chain inflation, and construction delays [3]. - The company allegedly overstated its risk mitigation strategy and failed to disclose the impact of reduced client spending and macroeconomic uncertainty [3]. - Despite these issues, FLR reaffirmed its financial guidance in May 2025, but reported disappointing second-quarter results on August 1, 2025, with non-GAAP EPS of $0.43 (missing by $0.13) and revenue of $3.98 billion (missing by $570 million) [4]. - Following these disclosures, FLR's stock fell by 27.04% to a closing price of $41.42, leading to analyst downgrades due to lost confidence in management [4].
Fluor Corporation Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before November 14, 2025 to Discuss Your Rights – FLR
Globenewswire· 2025-10-13 20:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fluor Corporation regarding a class action lawsuit due to alleged misleading statements and undisclosed costs related to infrastructure projects [1][3]. Summary by Sections Allegations - The complaint alleges that during the class period from February 18, 2025, to July 31, 2025, Fluor Corporation made materially false and misleading statements regarding the costs of its infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35 [3]. - It is claimed that these costs were increasing due to subcontractor design errors, price hikes, and scheduling delays [3]. - The allegations further state that customer reductions in capital spending and hesitance due to economic uncertainty were negatively impacting the company's business and financial results [3]. - Consequently, Fluor's financial guidance for FY 2025 was deemed unreliable, and the effectiveness of its risk mitigation strategies was overstated [3]. Class Action Details - Shareholders who purchased shares of Fluor during the specified class period are encouraged to register for the class action, with a deadline set for November 14, 2025 [4]. - Registration allows shareholders to receive updates on the case's progress through portfolio monitoring software [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].