Core Viewpoint - A class action 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]. Allegations - The complaint alleges that Fluor failed to disclose increasing costs related to several infrastructure projects due to subcontractor design errors, price increases, and scheduling delays [2]. - It is claimed that these issues, along with reduced capital spending by customers and economic uncertainty, significantly impacted the company's business and financial results [2]. - The financial guidance provided by Fluor for FY 2025 was deemed unreliable, with overstated risk mitigation strategies and understated impacts of economic uncertainty [2]. Financial Results - On August 1, 2025, Fluor reported disappointing second-quarter results, attributing them to rising costs in infrastructure projects and reduced customer capital spending [3]. - The company revised its FY 2025 financial outlook, projecting adjusted EBITDA of $475 million to $525 million, down from a previous range of $575 million to $675 million [3]. - Adjusted EPS guidance was also lowered to $1.95 to $2.15 per share, down from $2.25 to $2.75 per share, citing client hesitation due to economic uncertainty [3]. - Following these 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]. Class Action Participation - Shareholders may be eligible to participate in the class action against Fluor Corporation, with a deadline to submit papers by November 14, 2025, for those wishing to serve as lead plaintiff [4].

Group 1 - A class action lawsuit has been announced against Fluor Corporation by Berger Montague PC on behalf of investors [1] - The lawsuit pertains to investors who purchased or acquired shares during the period from February 18, 2025, through July 31, 2025 [1]

Group 1 - Glancy Prongay & Murray LLP has initiated an investigation on behalf of Fluor Corporation investors regarding potential violations of federal securities laws [1] - The investigation is aimed at investors who have incurred losses on Fluor Corporation (NYSE: FLR) [1] - The announcement of the investigation was made on August 1, 2025 [1]

Core Viewpoint - 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][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 infrastructure projects, including the Gordie Howe International Bridge and two Texas highways, faced rising costs due to subcontractor errors and delays [2][3]. Group 2: Allegations Against Fluor - The lawsuit claims that Fluor failed to disclose significant cost increases and the negative impact of reduced customer capital spending on its business [3]. - Fluor's financial guidance for fiscal year 2025 is alleged to be unrealistic, with overstated risk mitigation strategies and understated economic uncertainty impacts [3]. - 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, missing estimates by $570 million [4]. Group 3: Impact of the Lawsuit - Following the disappointing earnings report, Fluor's stock price fell by more than 27% [4]. - The lawsuit highlights the connection between the company's project difficulties and its financial performance, indicating a potential long-term impact on investor confidence [3][4]. Group 4: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit, known for securing significant monetary relief for investors in securities fraud cases [6]. - The firm has a strong track record, having recovered over $2.5 billion for investors in 2024 alone [6].

Group 1 - A securities class action lawsuit has been filed against Fluor Corporation on behalf of investors who purchased or acquired Fluor securities between February 18, 2025, and July 31, 2025 [1] - The lead plaintiff deadline for the lawsuit is November 14, 2025 [1]

Core Viewpoint - Fluor Corporation is under investigation for potential violations of federal securities laws, which may impact investors who have suffered losses [1] Group 1 - The Law Offices of Howard G. Smith are representing investors of Fluor Corporation in this investigation [1] - Investors who have experienced losses in Fluor Corporation are encouraged to contact the law firm to discuss potential claims for recovery [1]

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]

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Fluor Corporation ("Fluor†or the "Company†) (NYSE: FLR) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FLUOR CORPORATION (FLR), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On August 1, 2025, Fluor released its second quarter 2025 financial results. ...

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 ...