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].
FLR Investor Alert: Contact Kessler Topaz Meltzer & Check, LLP About the Securities Fraud Class Action Lawsuit Filed Against Fluor Corporation (FLR)