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Deadline Alert: Fluor Corporation (FLR) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-09-25 18:16
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming November 14, 2025 deadline to file a lead plaintiff motion in the class action 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†). IF YOU SUFFERED A LOSS ON YOUR FLUOR INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOV. ...
Contact The Gross Law Firm by November 14, 2025 Deadline to Join Class Action Against Fluor Corporation(FLR)
Prnewswire· 2025-09-25 12:45
Core Points - The Gross Law Firm has issued a notice to shareholders of Fluor Corporation regarding a class action lawsuit related to misleading statements made by the company during a specified class period [1][2] - The class period for the lawsuit is from February 18, 2025, to July 31, 2025, during which it is alleged that Fluor Corporation failed to disclose significant cost increases and other negative impacts on its business [2][3] - Shareholders are encouraged to register for participation in the class action, with a deadline for lead plaintiff applications set for November 14, 2025 [3] Allegations - The complaint alleges that Fluor Corporation's costs for infrastructure 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 the company's financial results [2] - The financial guidance provided by Fluor for FY 2025 is described as unreliable, with overstated risk mitigation strategies and understated impacts of economic uncertainty [2] Next Steps for Shareholders - Shareholders who purchased shares during the class period are advised to register for the class action to receive updates on the case [3] - There is no cost or obligation for shareholders to participate in the case [3] About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [4] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4]
Fluor Corporation Class Action Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the FLR Class Action Lawsuit
Prnewswire· 2025-09-25 00:36
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 key infrastructure 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 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 a previous range of $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 interested in participating in the class action must submit their papers by November 14, 2025, to serve as lead plaintiff [4]. - Shareholders can remain absent class members if they choose not to participate in the case [4].
Kessler Topaz Meltzer & Check, LLP - Class Action Announcement for Fluor Corporation Investors: A Securities Fraud Class Action Lawsuit Was Filed Against Fluor Corporation
Globenewswire· 2025-09-24 18:03
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 mitigation strategies [1][2]. Group 1: Allegations Against Fluor - The lawsuit claims that Fluor failed to disclose increasing costs associated with the Gordie Howe International Bridge and Texas highway projects due to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that customer reductions in capital spending and client hesitations due to economic uncertainty were negatively affecting Fluor's business and financial results [2]. - The complaint asserts that Fluor's financial guidance for fiscal year 2025 was unreliable and that the effectiveness of its risk mitigation strategy was overstated [2]. Group 2: Legal Process and Participation - Investors in Fluor have until November 14, 2025, to seek appointment as a lead plaintiff representative in the class action lawsuit [3]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest and who are representative of the class [3]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery from the lawsuit [3]. Group 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]. - The firm encourages Fluor investors who have suffered significant losses to contact them for more information [4].
FLR INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-09-24 18:00
Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed costs related to several infrastructure projects [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 [1]. - Investors have until November 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that Fluor's executives made false statements regarding the company's financial health and project costs [3]. Group 2: Allegations Against Fluor - Allegations include that costs for the Gordie Howe International Bridge and other projects were increasing due to subcontractor errors, price hikes, and scheduling delays [3]. - The lawsuit claims that these issues, along with reduced customer capital spending, negatively impacted Fluor's business and financial results [3]. - Fluor's financial guidance for fiscal year 2025 is described as unreliable and overstated regarding risk mitigation strategies [3]. Group 3: Financial Performance - On August 1, 2025, Fluor reported 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 [4]. - The company attributed its disappointing results to rising costs in infrastructure projects and reduced capital spending by clients [4]. - Following the announcement of these results, Fluor's stock price fell by over 27% [4]. Group 4: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in the class action lawsuit and has a strong track record in securities fraud litigation [6]. - The firm has recovered over $2.5 billion for investors in 2024 alone, highlighting its capability in handling significant securities class action cases [6].
Deadline Approaching: Fluor Corporation (FLR) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Businesswire· 2025-09-24 17:30
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming November 14, 2025 deadline to file a lead plaintiff motion in the case 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†). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FLUOR CORPORATION (FLR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING. ...
Pomerantz Law Firm Announces the Filing of a Class Action Against Fluor Corporation and Certain Officers – FLR
Globenewswire· 2025-09-24 14:00
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].
Berger Montague PC Investigates Securities Claims Against Fluor Corporation (NYSE: FLR)
Prnewswire· 2025-09-24 13:06
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].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Fluor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLR
Globenewswire· 2025-09-23 19:48
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].
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm Encourages Fluor Corporation (FLR) Investors To Inquire About Securities Fraud Class Action
Businesswire· 2025-09-23 18:40
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. ...