Fluor(US:FLR) Globenewswire·2025-10-13 20:00Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fluor Corporation regarding a class action lawsuit due to alleged misleading statements and undisclosed costs related to infrastructure projects [1][3]. Summary by Sections Allegations - The complaint alleges that during the class period from February 18, 2025, to July 31, 2025, Fluor Corporation made materially false and misleading statements regarding the costs of its infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35 [3]. - It is claimed that these costs were increasing due to subcontractor design errors, price hikes, and scheduling delays [3]. - The allegations further state that customer reductions in capital spending and hesitance due to economic uncertainty were negatively impacting the company's business and financial results [3]. - Consequently, Fluor's financial guidance for FY 2025 was deemed unreliable, and the effectiveness of its risk mitigation strategies was overstated [3]. Class Action Details - Shareholders who purchased shares of Fluor during the specified class period are encouraged to register for the class action, with a deadline set for November 14, 2025 [4]. - Registration allows shareholders to receive updates on the case's progress through portfolio monitoring software [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].