Workflow
KBR(KBR)
icon
Search documents
DEADLINE ALERT for CYTK, NX, JSPR, and KBR: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
Globenewswire· 2025-09-26 16:05
Core Viewpoint - Class action lawsuits have been filed against several publicly-traded companies, alleging that these companies made materially false and misleading statements regarding their business operations and prospects, which led to investor losses [1]. Group 1: Cytokinetics, Incorporated (NASDAQ: CYTK) - The class period for Cytokinetics is from December 27, 2023, to May 6, 2025, with a lead plaintiff deadline of November 17, 2025 [2]. - Allegations include the failure to disclose the omission of a Risk Evaluation and Mitigation Strategy (REMS) from the initial New Drug Application (NDA), which resulted in a three-month delay in FDA approval processes [2]. - Defendants' positive statements about the company's business were deemed materially misleading due to these omissions [2]. Group 2: Quanex Building Products Corporation (NYSE: NX) - The class period for Quanex is from December 12, 2024, to September 5, 2025, with a lead plaintiff deadline of November 18, 2025 [4]. - The complaint alleges that the company underinvested in tooling and equipment maintenance, leading to degraded conditions that could incur significant costs and delay expected benefits from integration efforts [4]. - Positive statements made by the defendants regarding the company's operations were found to lack a reasonable basis due to these undisclosed issues [4]. Group 3: Jasper Therapeutics, Inc. (NASDAQ: JSPR) - The class period for Jasper is from November 30, 2023, to July 3, 2025, with a lead plaintiff deadline of November 18, 2025 [6]. - Allegations include the lack of necessary controls to ensure third-party manufacturers complied with current Good Manufacturing Practices (cGMP), which could negatively impact clinical trial results and the company's product prospects [6]. - Defendants' positive statements about the company's business and financial prospects were considered materially misleading due to these failures [6]. Group 4: KBR, Inc. (NYSE: KBR) - The class period for KBR is from May 6, 2025, to June 19, 2025, with a lead plaintiff deadline of November 18, 2025 [8]. - The complaint alleges that the company misled investors about the partnership with TRANSCOM, despite knowing of material concerns regarding HomeSafe's ability to fulfill contract obligations [8]. - Positive statements made by the defendants regarding the company's operations were found to lack a reasonable basis due to these undisclosed concerns [8].
Unipart and KBR forge strategic partnership to transform defence sector
Globenewswire· 2025-09-26 13:35
OXFORD, United Kingdom, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Unipart, the supply chain performance improvement partner, and KBR announced a new strategic partnership bringing together the two businesses’ world-class capabilities to deliver innovative and resilient solutions for the defence industry. The partnership combines Unipart’s expertise in supply chain management, logistics, and digital solutions with KBR’s deep-rooted experience in systems engineering, programme management, and defence operational sup ...
Berger Montague PC Investigates Securities Claims Against KBR, Inc. (NYSE: KBR)
Prnewswire· 2025-09-26 12:35
Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. for allegedly making false and misleading statements regarding its partnership with HomeSafe, which led to a significant drop in KBR's stock price after the termination of a contract by the U.S. Department of Defense's TRANSCOM [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired KBR shares between May 6, 2025, and June 19, 2025 [1][2]. - Investors have until November 18, 2025, to seek appointment as lead plaintiff representatives [2]. - The allegations include KBR's failure to disclose concerns from TRANSCOM about HomeSafe's ability to fulfill its obligations under the Global Household Goods Contract [3]. Group 2: Impact on Stock Price - Following the announcement of the contract termination by HomeSafe on June 19, 2025, KBR's shares fell by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4]. Group 3: Company Background - KBR, Inc. is headquartered in Houston, Texas, and provides engineering, logistics, defense contracting, and mission-critical government services [2].
KBR, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - KBR
Prnewswire· 2025-09-25 20:48
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. KBR was aware that the Department of Defense had ongoing concerns about its HomeSafe joint venture, specifically about its ability to fulfill its obligations related to the relocation of armed forces services members and their families. Despite knowing about these concerns, the Company claimed to investors that its performance would continue to grow. Based on these facts, KBR's public statements were fa ...
KBR Investors Have Opportunity to Lead KBR, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm
Prnewswire· 2025-09-25 19:03
Why: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of KBR, Inc. (NYSE: KBR) between May 6, 2025 and June 19, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 18, 2025 in the securities class action first filed by the Firm. So What: If you purchased KBR securities during the Class Period ...
Deadline Approaching: KBR, Inc. (KBR) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Businesswire· 2025-09-25 18:42
Group 1 - The article highlights the upcoming deadline of November 18, 2025, for investors to file a lead plaintiff motion in a securities fraud lawsuit related to KBR, Inc. [1] - The lawsuit is on behalf of investors who purchased KBR securities between May 6, 2025, and June 19, 2025, indicating a specific class period for the claims [1] - Investors who suffered losses in KBR, Inc. are encouraged to contact the Law Offices of Howard G. Smith to participate in the ongoing lawsuit [1]
ROSEN, THE FIRST FILING FIRM, Encourages KBR, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KBR
Globenewswire· 2025-09-25 17:21
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of KBR, Inc. securities between May 6, 2025, and June 19, 2025, alleging that KBR made materially false and misleading statements regarding its business operations and prospects [1][5]. Group 1: Lawsuit Details - The lawsuit claims that KBR's management misrepresented the status of its partnership with the U.S. Department of Defense's Transportation Command, despite known concerns about HomeSafe's ability to fulfill the Global Household Goods Contract [5]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement if they purchased KBR securities during the class period [2]. Group 2: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by November 18, 2025, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].
Mission Possible: KBR's Spin-Off Fuels Twin Growth Stories
ZACKS· 2025-09-25 17:05
Core Viewpoint - KBR, Inc. is planning a tax-free spin-off of its Mission Technology Solutions segment, expected to be completed by mid-to-late 2026, resulting in two independent companies: New KBR and SpinCo [1][9]. Company Overview - New KBR will focus on sustainable technology solutions, leveraging over 85 process technologies aimed at reducing emissions and enhancing efficiency, while also providing advisory and consulting services [3][4]. - SpinCo will concentrate on national security and space technology, benefiting from increased public spending and long-duration contracts, which are expected to enhance its market position and backlog [5][9]. Financial Expectations - New KBR is anticipated to generate robust free cash flow with high conversion rates and diversified revenue streams due to its low capital intensity [4]. - SpinCo is expected to maintain a capital-light model, which will support risk-free cash flow expectations and capitalize on long-term contract opportunities [5]. Strategic Benefits - The spin-off is expected to provide both companies with strategic focus, organizational agility, and streamlined decision-making, enhancing their ability to prioritize commercial resources and capital allocation [7]. - Management believes that both companies will retain KBR's values-driven culture, which is seen as a foundation for future profitable growth [8]. Market Performance - KBR's stock increased by 3.5% during trading hours and continued to rise by 3.7% in after-hours trading following the announcement of the spin-off [2]. - Over the past three months, KBR's shares have risen by 0.9%, although this performance has been below that of the Zacks Engineering - R and D Services industry and the broader market [8].
Faruqi & Faruqi Reminds KBR Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 18, 2025 - KBR
Globenewswire· 2025-09-25 16:10
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against KBR, Inc. related to alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by November 18, 2025 [4][6]. Group 1: Legal Investigation - The firm is encouraging investors who suffered losses in KBR between May 6, 2025, and June 19, 2025, to discuss their legal rights [1][4]. - The complaint alleges that KBR and its executives made false or misleading statements regarding the company's partnership with HomeSafe, despite known issues with the U.S. Department of Defense's Transportation Command [6][9]. Group 2: Stock Performance Impact - Following the announcement of HomeSafe's termination of the Global Household Goods Contract, KBR's stock price fell by $3.85 per share, or 7.29%, closing at $48.93 on June 20, 2025 [7]. - On the next trading day, KBR's stock experienced an additional decline of $1.30, or 2.65%, closing at $47.63 on June 23, 2025 [7]. Group 3: Class Action Details - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, overseeing the litigation on behalf of the class [8]. - Any member of the putative class can move to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [8].
KBR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that KBR, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-09-25 16:00
NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against KBR, Inc. (“KBR” or “the Company”) (NYSE: KBR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired KBR securities between M ...