Core Viewpoint - Fluor Corporation is facing a securities fraud class action lawsuit due to significant financial losses reported in Q2 2025, which were attributed to rising costs and reduced capital spending by clients [2][3]. Financial Performance - On August 1, 2025, Fluor reported Q2 2025 financial results that missed consensus estimates, leading to a stock price drop of $15.35, or 27%, closing at $41.42 per share [2]. - The company lowered its full-year 2025 outlook, citing client hesitation due to economic uncertainty, which impacted new awards and project delays [2]. Lawsuit Details - The class action lawsuit alleges that Fluor made materially false and misleading statements regarding its business operations and financial outlook during the class period from February 18, 2025, to July 31, 2025 [3]. - Specific allegations include undisclosed rising costs in major projects due to subcontractor errors and economic factors affecting client spending [3]. Investor Information - Investors who acquired Fluor securities during the class period are urged to participate in the lawsuit, with a deadline set for November 14, 2025, to seek lead plaintiff status [4].
Deadline Soon: Fluor Corporation (FLR) Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit