Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Fluor Corporation (FLR)

Core Viewpoint - A securities class action lawsuit has been filed against Fluor Corporation for allegedly making false and misleading statements regarding its financial performance and project costs during a specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Northern District of Texas on behalf of individuals or entities that acquired Fluor securities between February 18, 2025, and July 31, 2025 [1]. - The complaint alleges that Fluor's management failed to disclose increasing costs related to specific projects, including the Gordie Howe, I-635/LBJ, and I-35, due to subcontractor design errors, price increases, and scheduling delays [2]. Group 2: Financial Implications - The complaint claims that the rising costs and reduced capital spending from customers, along with client hesitation due to economic uncertainty, were likely to have a significant negative impact on Fluor's business and financial results [2]. - It is asserted that Fluor's financial guidance for FY 2025 was unreliable and that the effectiveness of its risk mitigation strategy was overstated, while the impact of economic uncertainty was understated [2]. Group 3: Investor Actions - Investors who purchased Fluor shares are encouraged to contact the law firm before the lead plaintiff motion deadline on November 14, 2025, to discuss their rights or interests regarding the class action [3].