Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against KBR, Inc. related to alleged violations of federal securities laws, urging affected investors to contact them before the November 18, 2025 deadline for lead plaintiff applications in a federal class action lawsuit [1][3]. Group 1: Allegations Against KBR - The complaint alleges that KBR and its executives made false or misleading statements regarding the HomeSafe partnership, despite knowing about the U.S. Department of Defense's concerns about HomeSafe's ability to fulfill the Global Household Goods Contract [3]. - The lawsuit claims that KBR's statements about its business operations and prospects were materially false and misleading, leading to investor damages when the true information became public [3]. Group 2: Stock Price Impact - Following the announcement of the termination of the Global Household Goods Contract by HomeSafe on June 19, 2025, KBR's stock price fell by $3.85 per share, or 7.29%, closing at $48.93 on June 20, 2025 [4]. - On the next trading day, KBR's stock experienced an additional decline of $1.30, or 2.65%, closing at $47.63 on June 23, 2025 [4]. Group 3: Legal Process and Participation - The lead plaintiff in the class action is defined as the investor with the largest financial interest who is typical of class members and oversees the litigation on behalf of the class [5]. - Any member of the putative class can apply to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [5].
KBR SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Announces that KBR Investors Have Opportunity to Lead Class Action Lawsuit