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Berger Montague PC Investigating Claims on Behalf of KBR, Inc. (NYSE: KBR) Investors After Class Action Filing
Prnewswire· 2025-09-23 21:23
Accessibility StatementSkip Navigation PHILADELPHIA, Sept. 23, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against KBR, Inc. (NYSE: KBR) ("KBR" or the "Company") on behalf of investors who acquired KBR shares during the period from May 6, 2025through June 19, 2025 (the "Class Period"). Investor Deadline: Investors who purchased KBR securities during the Class Period may, no later than November 18, 2025, seek to be appointed as a lead plaintiff r ...
Do you own shares of KBR? Robbins LLP Informs Investors of the KBR, Inc. Class Action Lawsuit
Prnewswire· 2025-09-20 01:18
Group 1 - A class action has been filed against KBR, Inc. on behalf of investors who acquired its securities between May 6, 2025, and June 19, 2025 [1] - The allegations center around KBR's joint venture, HomeSafe Alliance, which has a 72% economic interest from KBR and was awarded a contract by the U.S. Department of Defense's TRANSCOM [2] - It is claimed that KBR misled investors about HomeSafe's ability to fulfill the Global Household Goods Contract, despite knowing of TRANSCOM's concerns [3] Group 2 - On June 19, 2025, HomeSafe announced a notice to terminate the Global Household Goods Contract, revealing ongoing issues with TRANSCOM [4] - Following the announcement, KBR's stock price dropped by $3.85 (7.29%) to close at $48.93 on June 20, 2025, and further fell by $1.30 (2.65%) to close at $47.63 on June 23, 2025 [4] - Shareholders interested in leading the class action must submit their papers by November 18, 2025, and can remain absent class members if they choose not to participate [5]