KBR(US:KBR) Prnewswire·2025-10-09 23:15Core Points - Faruqi & Faruqi, LLP is investigating potential claims against KBR, Inc. related to losses suffered by investors between May 6, 2025, and June 19, 2025, with a deadline of November 18, 2025, to seek lead plaintiff status in a federal securities class action [1][2] - The complaint alleges that KBR and its executives made false and misleading statements regarding the Global Household Goods Contract with the U.S. Department of Defense, leading to investor damages when the truth was revealed [2][3] Company Overview - KBR, Inc. is facing legal scrutiny due to allegations of violating federal securities laws, specifically concerning misleading statements about its partnership with HomeSafe and the status of the Global Household Goods Contract [2][3] - Following the announcement of the termination of the Global Household Goods Contract, KBR's stock price experienced a significant decline, dropping $3.85 (7.29%) to $48.93 on June 20, 2025, and a further $1.30 (2.65%) to $47.63 on June 23, 2025 [3] Legal Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, and any member of the class can move to serve as lead plaintiff [4] - Faruqi & Faruqi encourages individuals with information regarding KBR's conduct, including whistleblowers and former employees, to come forward [4]