Core Viewpoint - Investors in Fluor Corporation have the opportunity to lead a securities fraud class action lawsuit due to substantial losses incurred as a result of undisclosed financial issues related to specific projects [1][3]. Summary by Sections Lawsuit Details - The lawsuit alleges that from February 18, 2025, to July 31, 2025, Fluor Corporation failed to disclose significant cost increases associated with the Gordie Howe, I-635/LBJ, and I-35 projects, which were attributed to subcontractor design errors, price increases, and scheduling delays [3]. - It is claimed that these undisclosed issues, along with a reduction in customer capital spending and client hesitation due to economic uncertainty, negatively impacted the Company's business and financial results [3]. - The financial guidance provided by Fluor for FY 2025 is described as unreliable and unrealistic, with an overstated effectiveness of the Company's risk mitigation strategy and an understated impact of economic uncertainty on its operations [3]. Participation Information - Investors who suffered losses in Fluor Corporation are encouraged to contact the Law Offices of Howard G. Smith before November 14, 2025, to participate in the ongoing lawsuit [2][4]. - Individuals may choose to retain their own counsel or remain absent members of the class action without taking any immediate action [5].
Fluor Corporation (FLR) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit