Fluor(US:FLR) Globenewswire·2025-10-08 00:32Core Viewpoint - A securities class action lawsuit has been filed against Fluor Corporation for alleged misleading statements and failure to disclose significant cost increases and negative impacts on financial results during the Class Period from February 18, 2025, to July 31, 2025 [1][2]. Allegations of Misconduct - The complaint alleges that costs for the Gordie Howe International Bridge and Texas highway projects were increasing due to subcontractor design errors, price hikes, and scheduling delays [2]. - It is claimed that these issues, along with reduced capital spending from customers and economic uncertainty, were likely to have a significant negative impact on Fluor's business and financial results [2]. - The financial guidance provided by Fluor for fiscal year 2025 is alleged to be unreliable and overstated regarding the effectiveness of its risk mitigation strategy and the impact of economic uncertainty [2]. Lead Plaintiff Process - Fluor investors can seek to be appointed as a lead plaintiff representative by November 14, 2025, or may choose to remain absent from the class [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or small group with the largest financial interest [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4].