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INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of KBR
KBRKBR(US:KBR) Prnewswireยท2025-10-23 17:15

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against KBR, Inc. related to alleged violations of federal securities laws, specifically concerning misleading statements about the company's operations and the Global Household Goods Contract with the U.S. Department of Defense [1][3]. Group 1: Legal Investigation - The investigation focuses on claims that KBR and its executives made false or misleading statements regarding the HomeSafe Alliance's ability to fulfill the Global Household Goods Contract, despite known concerns from TRANSCOM [3]. - Investors are reminded of the November 18, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against KBR [1][5]. Group 2: Stock Performance Impact - Following the announcement of TRANSCOM's notice to terminate the Global Household Goods Contract, KBR's stock price fell by $3.85, or 7.29%, closing at $48.93 on June 20, 2025, and further declined by $1.30, or 2.65%, to close at $47.63 on June 23, 2025 [4]. Group 3: Investor Participation - Any member of the putative class may move the Court to serve as lead plaintiff or choose to remain an absent class member, with their ability to share in any recovery unaffected by this decision [5]. - Faruqi & Faruqi encourages individuals with information regarding KBR's conduct, including whistleblowers and former employees, to come forward [5].