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The Gross Law Firm Reminds Fluor Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 14, 2025 - FLR
Prnewswire· 2025-10-13 13:00
, /PRNewswire/ -- 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. https://securitiesclasslaw.com/securities/fluor-corporation-loss-submission-form/?id=171647&from=4 WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? CLASS PERIOD: Feb ...
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Fluor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLR
Globenewswire· 2025-10-11 21:28
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 November 14, 2025 deadline [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: Rosen Law Firm's 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]
FLR INVESTOR DEADLINE: Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-10-11 03:15
Core Viewpoint - The 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][4]. 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 [1]. - Investors have until November 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1][6]. - The lawsuit alleges that Fluor's executives failed to disclose rising costs associated with key infrastructure projects, which negatively impacted the company's financial outlook [4]. Group 2: Allegations and Financial Impact - Allegations include that costs for the Gordie Howe International Bridge and other projects were increasing due to subcontractor errors, price hikes, and scheduling delays [4]. - Fluor reported a second quarter 2025 non-GAAP earnings per share of $0.43, missing estimates by $0.13, and revenue of $3.98 billion, a 5.9% year-over-year decline, missing estimates by $570 million [5]. - Following the disappointing financial results, Fluor's stock price dropped by over 27% [5]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Fluor securities during the class period to seek lead plaintiff status [6]. - Robbins Geller Rudman & Dowd LLP is the law firm representing investors in this case, known for securing significant monetary relief for investors in securities fraud cases [7].
Shareholders of Fluor Corporation Should Contact Levi & Korsinsky Before November 14, 2025 to Discuss Your Rights - FLR
Prnewswire· 2025-10-10 13:00
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed 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 to have, a significant negative impact on the Company's bu ...
Shareholders that lost money on Fluor Corporation (FLR) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
Globenewswire· 2025-10-09 20:24
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 rising costs of its infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35, 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 harmed the Company's business and financial results [2]. - The complaint asserts that Fluor's financial guidance for FY 2025 was unreliable, overstating the effectiveness of its risk mitigation strategy and understating 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 appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating no financial obligation to participate in the lawsuit [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, highlighting its expertise in complex securities litigation [4].
Fluor Corporation Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before November 14, 2025 to Discuss Your Rights - FLR
Prnewswire· 2025-10-09 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fluor Corporation regarding a class action lawsuit, alleging that the company made materially false and misleading statements during a specified class period, which could have significant implications for its financial results and guidance [1][2]. Group 1: Allegations Against Fluor Corporation - The complaint alleges that costs associated with Fluor's infrastructure projects were increasing due to subcontractor design errors, price increases, and scheduling delays [1]. - It is claimed that customer reductions in capital spending and client hesitations due to economic uncertainty were likely to have a significant negative impact on Fluor's business and financial results [1]. - The financial guidance provided by Fluor for FY 2025 is described as unreliable and unrealistic, with an overstated effectiveness of the company's risk mitigation strategy [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as February 18, 2025, to July 31, 2025, with a deadline for shareholders to register as lead plaintiffs set for November 14, 2025 [2]. - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case, with no cost or obligation to participate [2]. Group 3: Firm's Mission and Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who incurred losses due to misleading statements or omissions that led to artificial inflation of stock prices [3].
Stockholder Alert: Robbins LLP Reminds Fluor Corporation Stockholders of the Class Action Against FLR and Encourages Investors to Seek More Information
Prnewswire· 2025-10-08 23:43
, /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Fluor Corporation (NYSE: FLR) securities between February 28, 2025 and July 31, 2025. Fluor provides engineering, procurement, and construction ("EPC"), fabrication and modularization, and project management services worldwide. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robb ...
ROSEN, A LONGSTANDING LAW FIRM, Encourages Fluor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLR
Globenewswire· 2025-10-08 17:57
NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fluor Corporation (NYSE: FLR) between February 18, 2025 and July 31, 2025, both dates inclusive (the “Class Period”), of the important November 14, 2025 lead plaintiff deadline. SO WHAT: If you purchased Fluor securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT ...
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· 2025-10-08 01:20
Core Viewpoint - A securities class action lawsuit has been filed against Fluor Corporation 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].
Investor Reminder (FLR): Kessler Topaz Meltzer & Check, LLP Reminds Fluor Corporation (FLR) Investors of November 14, 2025 Deadline
Globenewswire· 2025-10-08 00:32
Core Viewpoint - A securities class action lawsuit has been filed against Fluor Corporation for alleged misleading statements and failure to disclose significant cost increases and negative impacts on financial results during the Class Period from February 18, 2025, to July 31, 2025 [1][2]. Allegations of Misconduct - The complaint alleges that costs for the Gordie Howe International Bridge and Texas highway projects were increasing due to subcontractor design errors, price hikes, and scheduling delays [2]. - It is claimed that these issues, along with reduced capital spending from customers and economic uncertainty, were likely to have a significant negative impact on Fluor's business and financial results [2]. - The financial guidance provided by Fluor for fiscal year 2025 is alleged to be unreliable and overstated regarding the effectiveness of its risk mitigation strategy and the impact of economic uncertainty [2]. Lead Plaintiff Process - Fluor investors can seek to be appointed as a lead plaintiff representative by November 14, 2025, or may choose to remain absent from the class [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or small group with the largest financial interest [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4].