KBR(US:KBR) Prnewswire·2025-11-14 15:21Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against KBR, Inc. related to alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status in a class action lawsuit set for November 18, 2025 [1][3]. Group 1: Allegations Against KBR - The complaint alleges that KBR and its executives made false or misleading statements regarding the HomeSafe's ability to fulfill the Global Household Goods Contract, despite knowing about the U.S. Department of Defense's concerns [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 truth was revealed [3]. Group 2: Stock Price Impact - Following the announcement of the termination of the Global Household Goods Contract by HomeSafe, 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 Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is also typical of the class members, overseeing the litigation on behalf of the class [5]. - Any member of the class can move to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [5].