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KBR INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In KBR To Contact Him Directly To Discuss Their Options
KBRKBR(US:KBR) Prnewswire·2025-11-03 14:48

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against KBR, Inc. due to allegations of false and misleading statements related to the Global Household Goods Contract with the U.S. Department of Defense, which led to significant investor losses [1][2]. Group 1: Allegations and Legal Actions - The complaint alleges that KBR and its executives violated federal securities laws by failing to disclose material concerns regarding HomeSafe's ability to fulfill the Global Household Goods Contract, despite being aware of these issues [2]. - The lawsuit claims that KBR's statements about its business operations and prospects were materially false and misleading, resulting in investor damages when the true details became public [2]. - Following the announcement of the termination of the Global Household Goods Contract, KBR's stock price fell by $3.85 (7.29%) to close at $48.93 on June 20, 2025, and further dropped by $1.30 (2.65%) to close at $47.63 on June 23, 2025 [3]. Group 2: Investor Information - Investors who suffered losses exceeding $50,000 in KBR between May 6, 2025, and June 19, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1]. - The deadline for investors to seek the role of lead plaintiff in the federal securities class action against KBR is November 18, 2025 [1][4]. - Faruqi & Faruqi invites anyone with information regarding KBR's conduct, including whistleblowers and former employees, to reach out to the firm [4].