Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation (NYSE: FLR) by Berger Montague on behalf of investors who acquired shares between February 18, 2025, and July 31, 2025, alleging that the company misled investors regarding its financial guidance and undisclosed risks associated with major infrastructure projects [1][3]. Company Overview - Fluor Corporation, headquartered in Irving, Texas, provides engineering, procurement, construction, and project management services globally. Its Urban Solutions segment is the largest revenue contributor among its three segments [2]. Lawsuit Details - The lawsuit claims that Fluor and certain executives failed to disclose rising costs related to significant projects, including the Gordie Howe, I-635/LBJ, and I-35 projects, which were impacted by subcontractor design errors, material price increases, and scheduling delays. Additionally, the company allegedly downplayed the adverse effects of reduced client capital spending and broader economic uncertainties [3]. Financial Guidance - In February 2025, Fluor projected an adjusted EPS for the full year 2025 in the range of $2.25 to $2.75 and EBITDA between $575 million and $675 million, which was reaffirmed in May 2025 [4]. Recent Performance - On August 1, 2025, Fluor reported disappointing second-quarter results, with non-GAAP EPS of $0.43, missing consensus estimates by 23%, and revenue of $3.98 billion, falling short by $570 million and down 5.9% year-over-year. The company significantly lowered its FY 2025 outlook, attributing the decline to project delays and reduced client awards. CEO James R. Breuer confirmed that the aforementioned projects were responsible for the poor performance. Following this announcement, Fluor's stock price dropped by $15.35, or 27.04%, closing at $41.42 [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fluor Corporation securities between February 18, 2025, and July 31, 2025, about the upcoming lead plaintiff deadline on November 14, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Fluor securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2] - The lead plaintiff must file a motion with the Court by November 14, 2025, to represent other class members [2] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time and has been ranked highly for its performance in this area [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3] Group 3: Case Allegations - The lawsuit alleges that Fluor Corporation made false and misleading statements regarding project costs and financial guidance, which were impacted by subcontractor errors, price increases, and economic uncertainty [4] - It is claimed that these misstatements led to a significant negative impact on Fluor's business and financial results, resulting in investor damages when the truth was revealed [4]

Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation for allegedly making materially false and misleading statements regarding its business operations and financial prospects during the specified class period from February 18, 2025, to July 31, 2025 [3][7]. Allegation Details - The complaint claims that Fluor's management failed to disclose significant cost increases related to major projects, including the Gordie Howe, I-635/LBJ, and I-35 projects, due to subcontractor design errors, price hikes, and scheduling delays [3]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, were likely to have a substantial negative impact on Fluor's business and financial results [3]. - The financial guidance provided by Fluor for FY 2025 is described as unreliable and unrealistic, with an overstated effectiveness of the company's risk mitigation strategies and an understated impact of economic uncertainty [3]. Next Steps - Investors who purchased Fluor shares and experienced losses are encouraged to contact the law firm Bragar Eagel & Squire for more information regarding their rights and potential claims [4][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 14, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation across various courts in the United States [5].

Core Viewpoint - Fluor Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives made misleading statements regarding project costs and financial guidance during a specified class period [1][3]. Group 1: Lawsuit Details - The class action lawsuit, titled Maglione v. Fluor Corporation, allows purchasers of Fluor securities from February 18, 2025, to July 31, 2025, to seek lead plaintiff status by November 14, 2025 [1]. - The lawsuit alleges that Fluor's costs for major infrastructure projects, including the Gordie Howe International Bridge and Texas highways, were increasing due to subcontractor errors, price hikes, and scheduling delays [2][3]. Group 2: Financial Impact - Fluor reported second quarter 2025 non-GAAP earnings per share of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, which is a 5.9% year-over-year decline and $570 million below expectations [4]. - Following the disappointing earnings report, Fluor's stock price dropped by over 27%, attributed to rising costs and reduced capital spending from clients [4]. Group 3: Allegations of Misleading Information - The lawsuit claims that Fluor's financial guidance for fiscal year 2025 was unrealistic and that the company overstated the effectiveness of its risk mitigation strategies while understating the impact of economic uncertainty on its business [3].

Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation (FLR) for allegedly concealing significant cost overruns and execution problems on key infrastructure projects, leading to a sharp decline in stock value and investor confidence [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased FLR shares between February 18, 2025, and July 31, 2025 [1][2]. - Investors have until November 14, 2025, to seek appointment as lead plaintiff representative of the class [2]. Group 2: Company Background - Fluor Corporation, headquartered in Irving, Texas, provides engineering, procurement, construction, and project management services globally, with its Urban Solutions segment being the largest revenue driver [2]. Group 3: Allegations and Financial Impact - FLR is accused of hiding cost overruns and execution issues on major projects, including the Gordie Howe International Bridge and I-635/LBJ, due to subcontractor errors, supply chain inflation, and construction delays [3]. - The company allegedly overstated its risk mitigation strategy and failed to disclose the impact of reduced client spending and macroeconomic uncertainty [3]. - Despite these issues, FLR reaffirmed its financial guidance in May 2025, but reported disappointing second-quarter results on August 1, 2025, with non-GAAP EPS of $0.43 (missing by $0.13) and revenue of $3.98 billion (missing by $570 million) [4]. - Following these disclosures, FLR's stock fell by 27.04% to a closing price of $41.42, leading to analyst downgrades due to lost confidence in management [4].

Core Viewpoint - The Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives made misleading statements regarding project costs and financial guidance during a specified class period [1][4]. Group 1: Class Action Details - The class action lawsuit is titled Maglione v. Fluor Corporation, and it includes purchasers of Fluor securities from February 18, 2025, to July 31, 2025 [1]. - Investors have until November 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1][6]. - The lawsuit alleges that Fluor's executives failed to disclose rising costs associated with key infrastructure projects, which negatively impacted the company's financial outlook [4]. Group 2: Allegations and Financial Impact - Allegations include that costs for the Gordie Howe International Bridge and other projects were increasing due to subcontractor errors, price hikes, and scheduling delays [4]. - Fluor reported a second quarter 2025 non-GAAP earnings per share of $0.43, missing estimates by $0.13, and revenue of $3.98 billion, a 5.9% year-over-year decline, missing estimates by $570 million [5]. - Following the disappointing financial results, Fluor's stock price dropped by over 27% [5]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Fluor securities during the class period to seek lead plaintiff status [6]. - Robbins Geller Rudman & Dowd LLP is the law firm representing investors in this case, known for securing significant monetary relief for investors in securities fraud cases [7].

Core Viewpoint - A class action has been filed against Fluor Corporation for allegedly misleading investors regarding its business prospects and financial guidance during a specific period in 2025 [1][2]. Allegations - The complaint alleges that Fluor failed to disclose increasing costs related to several infrastructure projects due to subcontractor design errors, price increases, and scheduling delays [1]. - It is claimed that customer reductions in capital spending and hesitance due to economic uncertainty were negatively impacting Fluor's business and financial results [1]. - The financial guidance provided by Fluor for FY 2025 was deemed unreliable, with overstated risk mitigation strategies and understated impacts of economic uncertainty [1]. Financial Results - On August 1, 2025, Fluor reported disappointing Q2 2025 financial results, attributing the poor performance to rising costs in infrastructure projects and reduced capital spending by clients [2]. - The adjusted EBITDA guidance was revised down to $475 million to $525 million from a previous range of $575 million to $675 million, and adjusted EPS was lowered to $1.95 to $2.15 from $2.25 to $2.75 [2]. - Following these disclosures, Fluor's stock price dropped by $15.35, or 27.04%, closing at $41.42 per share [2]. Class Action Participation - Shareholders may be eligible to participate in the class action against Fluor and must submit their papers by November 14, 2025, if they wish to serve as lead plaintiff [3]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fluor Corporation securities between February 18, 2025, and July 31, 2025, of the upcoming lead plaintiff deadline on November 14, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Fluor securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the deadline [2] - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] Group 2: Case Allegations - The lawsuit alleges that Fluor Corporation made false and misleading statements regarding the costs associated with several major projects, including the Gordie Howe International Bridge and various Texas highways [4] - It is claimed that these issues, along with reduced customer capital spending and economic uncertainty, negatively impacted Fluor's business and financial results [4] - The lawsuit asserts that Fluor's financial guidance for 2025 was unreliable, and the effectiveness of its risk mitigation strategies was overstated [4]

Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives made misleading statements regarding project costs and financial guidance during the specified class period [1][3]. Group 1: Class Action Details - The class action lawsuit is titled Maglione v. Fluor Corporation, and it includes purchasers of Fluor securities from February 18, 2025, to July 31, 2025 [1]. - Investors have until November 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that Fluor's infrastructure projects, including the Gordie Howe International Bridge and certain Texas highways, faced rising costs due to subcontractor errors and delays [2][3]. Group 2: Allegations Against Fluor - The lawsuit claims that Fluor failed to disclose significant cost increases related to key projects, which were attributed to design errors, price hikes, and scheduling delays [3]. - It is alleged that these issues, along with reduced capital spending from customers, negatively impacted Fluor's business and financial results [3]. - Fluor's financial guidance for fiscal year 2025 is claimed to be unreliable, with overstated risk mitigation strategies and understated economic impacts [3]. Group 3: Financial Performance - On August 1, 2025, Fluor reported second quarter 2025 non-GAAP earnings per share of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, which represented a 5.9% year-over-year decline and missed estimates by $570 million [4]. - The disappointing results were attributed to rising costs in infrastructure projects and reduced capital spending by clients [4]. - Following the announcement of these results, Fluor's stock price fell by over 27% [4].

Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation (FLR) for allegedly concealing significant cost overruns and execution problems on key infrastructure projects, leading to a sharp decline in stock value and investor confidence [1][3][4]. Company Overview - Fluor Corporation, headquartered in Irving, Texas, provides engineering, procurement, construction, and project management services globally, with its Urban Solutions segment being the largest revenue driver among its three segments [2]. Allegations and Issues - The lawsuit claims that FLR concealed cost overruns and execution issues on major projects such as the Gordie Howe International Bridge, I-635/LBJ, and I-35, which were impacted by subcontractor errors, supply chain inflation, and construction delays [3]. - The company allegedly overstated its risk mitigation strategies and failed to disclose the full impact of reduced client spending and macroeconomic uncertainty [3]. Financial Performance - Despite the ongoing issues, FLR reaffirmed its financial guidance in May 2025. However, on August 1, 2025, the company reported second-quarter results that significantly missed expectations, with non-GAAP EPS of $0.43 (missing by $0.13) and revenue of $3.98 billion (missing by $570 million) [4]. - Following these disappointing results, FLR cut its full-year guidance and experienced a stock price drop of 27.04%, closing at $41.42 on August 1, 2025. Analysts subsequently downgraded the stock due to lost confidence in management's disclosures and project oversight [4].