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KBR CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Alerts KBR Investors of the Upcoming November 18th Deadline
Globenewswire· 2025-11-03 22:53
Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. for allegedly making false and misleading statements regarding its partnership with the U.S. Department of Defense's Transportation Command, leading to investor losses during the specified Class Period [3][7]. Allegation Details - The lawsuit claims that KBR was aware of concerns from TRANSCOM about HomeSafe's ability to fulfill its Global Household Goods Contract for months but failed to disclose this information [3]. - KBR allegedly misled investors by asserting that its partnership with TRANSCOM would continue to grow despite these concerns [3]. - The company's public statements throughout the Class Period are claimed to be false and materially misleading, resulting in damages to investors when the truth was revealed [3]. Next Steps - Investors who purchased KBR shares between May 6, 2025, and June 19, 2025, and suffered losses are encouraged to contact the law firm for more information and to discuss their rights [4][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 18, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation across the United States [5].
Investors who lost money on KBR, Inc. (KBR) should contact Levi & Korsinsky about pending Class Action - KBR
Globenewswire· 2025-11-03 21:02
Core Viewpoint - A class action securities lawsuit has been filed against KBR, Inc. for alleged securities fraud affecting investors between May 6, 2025, and June 19, 2025 [1][2] Group 1: Lawsuit Details - The complaint alleges that KBR, Inc. made false statements regarding its partnership with HomeSafe, despite knowing that the U.S. Department of Defense had concerns about HomeSafe's ability to fulfill a global household goods contract [2] - Defendants' statements about KBR's business operations and prospects were claimed to be materially false and misleading, lacking a reasonable basis during the relevant time [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 18, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
KBR INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In KBR To Contact Him Directly To Discuss Their Options
Prnewswire· 2025-11-03 14:48
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against KBR, Inc. due to allegations of false and misleading statements related to the Global Household Goods Contract with the U.S. Department of Defense, which led to significant investor losses [1][2]. Group 1: Allegations and Legal Actions - The complaint alleges that KBR and its executives violated federal securities laws by failing to disclose material concerns regarding HomeSafe's ability to fulfill the Global Household Goods Contract, despite being aware of these issues [2]. - The lawsuit claims that KBR's statements about its business operations and prospects were materially false and misleading, resulting in investor damages when the true details became public [2]. - Following the announcement of the termination of the Global Household Goods Contract, KBR's stock price fell by $3.85 (7.29%) to close at $48.93 on June 20, 2025, and further dropped by $1.30 (2.65%) to close at $47.63 on June 23, 2025 [3]. Group 2: Investor Information - Investors who suffered losses exceeding $50,000 in KBR between May 6, 2025, and June 19, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1]. - The deadline for investors to seek the role of lead plaintiff in the federal securities class action against KBR is November 18, 2025 [1][4]. - Faruqi & Faruqi invites anyone with information regarding KBR's conduct, including whistleblowers and former employees, to reach out to the firm [4].
KBR, Inc. Class Action: The Gross Law Firm Reminds KBR, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 18, 2025 - KBR
Prnewswire· 2025-11-03 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of KBR, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its business operations and prospects during a specific class period [1]. Summary by Sections Allegations - The lawsuit claims that KBR's management was aware of significant concerns from the U.S. Department of Defense regarding HomeSafe's ability to fulfill a global household goods contract but continued to assert that the partnership was functioning without issues [1]. - As a result, the statements made by KBR about its business and future prospects were deemed materially false and misleading [1]. Class Period and Registration - The class period for the lawsuit is defined as May 6, 2025, to June 19, 2025 [1]. - Shareholders who purchased KBR shares during this period are encouraged to register for the class action, with a deadline for lead plaintiff applications set for November 18, 2025 [2]. Firm's Mission - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who have suffered losses due to deceitful practices and misleading statements by companies [3].
KBR Joint Venture Brown & Root Industrial Services to Acquire Specialty Welding and Turnarounds (SWAT)
Globenewswire· 2025-11-03 11:00
Core Insights - KBR's joint venture, Brown & Root Industrial Services, has signed an agreement to acquire Specialty Welding and Turnarounds (SWAT), enhancing its position in the North American market for specialty welding and turnaround services [1][3] Company Overview - SWAT, founded in 2014 and based in Gonzales, Louisiana, provides industrial solutions to major clients in the refinery, petrochemical, and renewables sectors, operating in 22 states with a workforce of 32,000 skilled professionals [2] - KBR employs approximately 37,000 people globally, serving customers in over 80 countries and providing technology and engineering solutions [4] Strategic Implications - The acquisition is expected to address growing demand due to skilled labor shortages and increasing equipment complexity, while also enhancing cost-efficiency and reliability for customers [3] - The deal will expand Brown & Root Industrial Services' capabilities and customer base, particularly in the refinery and renewables sectors, creating new cross-selling opportunities [3] - The acquisition is viewed as a transformational move that will strengthen the financial profile of the business and generate operational efficiencies [3]
KBR Deadline: KBR Investors with Losses in Excess of $100K Have Opportunity to Lead KBR, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm
Prnewswire· 2025-11-01 15:13
Core Points - Rosen Law Firm is reminding purchasers of KBR, Inc. securities about a class action lawsuit with a lead plaintiff deadline of November 18, 2025 [1] - Investors who purchased KBR securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - The lawsuit alleges that KBR made materially false and misleading statements regarding its partnership with the U.S. Department of Defense's Transportation Command, which affected investors when the truth was revealed [5] Company Information - KBR, Inc. is facing a securities class action lawsuit due to claims of misleading statements about its business operations and partnerships [5] - The Rosen Law Firm has a strong track record in securities class actions, having recovered hundreds of millions of dollars for investors and achieved significant settlements in the past [4] Legal Process - A class action lawsuit has already been filed, and interested investors can join by contacting the Rosen Law Firm [3][5] - Until a class is certified, investors are not represented by counsel unless they retain one, and they can choose to remain absent from the class [6]
KBR DEADLINE: ROSEN, THE FIRST FILING FIRM, Encourages KBR, Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KBR
Globenewswire· 2025-10-31 21:24
Core Viewpoint - Rosen Law Firm is reminding investors who purchased KBR, Inc. securities between May 6, 2025, and June 19, 2025, of the upcoming lead plaintiff deadline for a securities class action lawsuit set for November 18, 2025 [1]. Group 1: Class Action Details - Investors who bought KBR securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 18, 2025 [3]. - The lawsuit alleges that KBR made materially false and misleading statements regarding its business operations and the Global Household Goods Contract, which led to investor damages when the truth was revealed [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [4]. - The firm achieved the largest securities class action settlement against a Chinese company at the time and has been consistently ranked among the top firms for securities class action settlements since 2013 [4].
Shareholders that lost money on KBR, Inc. (KBR) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
Globenewswire· 2025-10-31 20:02
Core Viewpoint - A class action securities lawsuit has been filed against KBR, Inc. alleging securities fraud that affected investors between May 6, 2025, and June 19, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that KBR, Inc. made false statements regarding its partnership with HomeSafe, despite knowing that the U.S. Department of Defense had concerns about HomeSafe's ability to fulfill a global household goods contract [2] - Defendants allegedly misled investors about KBR's business operations and future prospects, which were claimed to be without issues [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 18, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing significant recoveries for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4]
KBR, Inc. (KBR) Cuts 2025 Revenue Due to TRANSCOM Termination, Securities Class Action Looms–Hagens Berman
Globenewswire· 2025-10-31 18:43
Core Viewpoint - A class-action lawsuit has been filed against KBR, Inc. alleging misleading statements to investors prior to the cancellation of a significant military contract, which adversely affected the company's business outlook [1][5]. Group 1: Lawsuit Details - The lawsuit seeks to represent investors who acquired KBR securities between May 6, 2025, and June 19, 2025 [1][2]. - The legal action claims that KBR executives provided an overly optimistic outlook on a crucial partnership just before its collapse [2][5]. Group 2: Contract Cancellation Impact - The lawsuit is linked to the Department of Defense's cancellation of a global household goods contract with HomeSafe Alliance LLC, a joint venture led by KBR, announced on June 20, 2025 [3]. - Following the contract termination, KBR shares dropped over 7% due to the loss of a contract valued at up to $20 billion over a potential nine-year term [3][5]. Group 3: Misrepresentation Allegations - On May 6, 2025, during its Q1 earnings call, KBR assured investors that the HomeSafe partnership was "strong" and projected a mid-point revenue contribution of about $400 million for 2025 [4]. - Just weeks later, on June 19, 2025, HomeSafe disclosed the termination of the contract due to operational issues, which KBR allegedly knew about but did not disclose to investors [5]. Group 4: Financial Revisions - After the class period, KBR revised its low-end 2025 revenue guidance downward by approximately $900 million (-9%) due to the removal of the HomeSafe JV revenue contribution [6]. - KBR management acknowledged operational challenges during the Q2 2025 earnings call, raising questions about whether the company misled investors regarding the contract's status [6].
Class Action Filed Against KBR, Inc. (KBR) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-10-31 12:45
Core Viewpoint - A class action securities lawsuit has been filed against KBR, Inc. due to alleged securities fraud affecting investors between May 6, 2025, and June 19, 2025 [1][2]. Group 1: Lawsuit Details - The complaint alleges that KBR, Inc. made false statements regarding its partnership with HomeSafe, despite knowing that the U.S. Department of Defense had concerns about HomeSafe's ability to fulfill a global household goods contract [2]. - Defendants claimed that the partnership was functioning well and would improve in future quarters, which was deemed materially false and misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until November 18, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Law Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].