Fluor(US:FLR) Newsfileยท2025-11-11 21:27Core Points - A class action securities lawsuit has been filed against Fluor Corporation, targeting alleged securities fraud that affected shareholders between February 18, 2025, and July 31, 2025 [2][3] Group 1: Allegations - The lawsuit claims that Fluor Corporation made false statements regarding the costs associated with its infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35, which were reportedly increasing due to subcontractor design errors, price hikes, and scheduling delays [3] - It is alleged that these issues, along with a reduction in customer capital spending and client hesitance due to economic uncertainty, were significantly impacting the company's business and financial results [3] - The complaint asserts that Fluor's financial guidance for FY 2025 was unreliable, overstating the effectiveness of its risk mitigation strategies and understating the impact of economic uncertainty on its operations [3] Group 2: Next Steps for Affected Shareholders - Shareholders who experienced losses during the specified timeframe are encouraged to seek information on their rights to recovery, with no cost or obligation to participate [4] Group 3: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, has a history of securing substantial recoveries for shareholders and has been ranked among the top securities litigation firms in the United States for seven consecutive years [5]