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Fluor Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – FLR
Businesswire· 2025-09-22 23:18
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]
FLR Investors Have Opportunity to Lead Fluor Corporation Securities Fraud Lawsuit
Prnewswire· 2025-09-22 20:16
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].
Law Offices of Frank R. Cruz Encourages Fluor Corporation (FLR) Investors To Inquire About Securities Fraud Class Action
Businesswire· 2025-09-22 16:09
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].
FLR Investor Alert: Contact Kessler Topaz Meltzer & Check, LLP About the Securities Fraud Class Action Lawsuit Filed Against Fluor Corporation (FLR)
Prnewswire· 2025-09-22 15:31
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].
Law Offices of Howard G. Smith Encourages Fluor Corporation (FLR) Investors To Inquire About Securities Fraud Class Action
Businesswire· 2025-09-22 15:08
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. ...
FLR INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2025-09-22 13:30
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Fluor business and prospects, resulting in its stock trading at inflated prices. ...
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Fluor Corporation (NYSE: FLR)
Globenewswire· 2025-09-22 11:30
NEW YORK, Sept. 22, 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. 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, 20 ...
FLR INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-09-21 16:50
Group 1 - Robbins Geller Rudman & Dowd LLP has announced a class action lawsuit against Fluor Corporation for purchasers or acquirers of its securities during the specified class period from February 18, 2025, to July 31, 2025 [1] - Interested parties have until November 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1]
ROSEN, A LEADING LAW FIRM, Encourages Fluor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLR
Globenewswire· 2025-09-20 19:57
Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation for misleading statements regarding its financial performance and project costs during the Class Period from February 18, 2025, to July 31, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Fluor made false and misleading statements about the costs associated with 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 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 [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 directly [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 of dollars for investors [4].
If You'd Invested $10,000 in Fluor Corporation in 2000, This Is How Much You Would Have Today
Yahoo Finance· 2025-09-20 07:55
Core Viewpoint - Fluor Corporation has experienced significant stock price volatility in 2025, with shares dropping from $55 to $30, then rebounding to $55, and currently trading at $40. Analysts suggest it may be a good time to invest, but long-term performance raises questions about its attractiveness as an investment [1][6]. Group 1: Company History and Performance - Fluor Corporation was founded in 1912 as a small construction company and has since been involved in major infrastructure projects, including pipelines and refineries [2]. - The company operates in cyclical end markets, which experience regular boom and bust cycles, affecting its revenue and stock performance [3]. - An investment of $10,000 in Fluor in 2000 would be worth approximately $39,780 today, compared to $79,980 if invested in the S&P 500, highlighting underperformance relative to the broader market [5]. Group 2: Recent Stock Performance - Since 2020, Fluor's stock has risen over 300%, but its long-term performance has lagged behind the market since 2000, indicating high volatility and cyclical nature [6]. - Current analysts from The Motley Fool Stock Advisor have identified ten stocks they believe are better investment opportunities than Fluor, suggesting caution for potential investors [7].