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].

Accessibility StatementSkip Navigation SAN DIEGO, Oct. 2, 2025 /PRNewswire/ --Â The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Fluor Corporation (NYSE: FLR) securities between February 18, 2025 and July 31, 2025, both dates inclusive (the "Class Period"), have until Friday, November 14, 2025 to seek appointment as lead plaintiff of the Fluor class action lawsuit. Captioned Maglione v. Fluor Corporation, No. 25-cv-02496 (N.D. Tex.), the Fluor class action lawsuit c ...

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]. Summary by Sections Class Action Details - The class action lawsuit is titled Maglione v. Fluor Corporation, No. 25-cv-02496 (N.D. Tex.), and it involves purchasers of Fluor securities from February 18, 2025, to July 31, 2025 [1]. - Interested parties have until November 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. Allegations Against Fluor - The lawsuit alleges that Fluor failed to disclose increasing costs related to key infrastructure projects, including the Gordie Howe International Bridge and the I-635/LBJ and I-35 highways, due to subcontractor design errors, price increases, and scheduling delays [3]. - It is claimed that these issues, along with reduced capital spending from customers and economic uncertainty, negatively impacted Fluor's business and financial results [3]. - The lawsuit asserts that Fluor's financial guidance for fiscal year 2025 was unrealistic and that the effectiveness of its risk mitigation strategies was overstated [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 fell short of estimates by $570 million [4]. - The disappointing results were attributed to rising costs in infrastructure projects and reduced capital spending by clients, leading to a negatively revised financial outlook for fiscal year 2025 [4]. - Following the announcement of these results, Fluor's stock price dropped by over 27% [4]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Fluor securities during the class period to seek appointment as lead plaintiff [5]. - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [5]. About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record in obtaining significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].

Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed costs related to several infrastructure projects [1][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Maglione v. Fluor Corporation and covers purchasers of Fluor securities from February 18, 2025, to July 31, 2025 [1]. - The lawsuit alleges that Fluor and its executives made false statements regarding the financial health of the company, particularly concerning the Gordie Howe International Bridge and other Texas highway projects [3][4]. - Allegations include that costs for these projects were increasing due to subcontractor design errors, price hikes, and scheduling delays, which negatively impacted Fluor's business outlook [4]. Group 2: 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, a 5.9% year-over-year decline [5]. - The company attributed its disappointing results to rising costs in infrastructure projects and reduced capital spending by customers, leading to a negatively revised financial outlook for fiscal year 2025 [5]. - Following the announcement of these results, Fluor's stock price dropped by over 27% [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Fluor securities during the class period to seek appointment as lead plaintiff in the lawsuit [6]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [6]. Group 4: Company Background - Fluor Corporation provides engineering, procurement, construction, fabrication, modularization, and project management services [3]. - The company has been involved in significant infrastructure projects, including the Gordie Howe International Bridge and major highways in Texas [3].

Core Viewpoint - A class action lawsuit 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]. Group 1: Allegations and Financial Impact - The lawsuit claims that Fluor failed to disclose rising costs associated with key infrastructure projects due to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, significantly impacted Fluor's business and financial results [2]. - Following disappointing financial results for Q2 2025, Fluor revised its financial outlook for FY 2025, projecting adjusted EBITDA of $475 million to $525 million, down from a previous range of $575 million to $675 million, and adjusted EPS of $1.95 to $2.15, down from $2.25 to $2.75 [3]. Group 2: Stock Price Reaction - After the negative financial disclosures, Fluor's stock price dropped by $15.35 per share, or 27.04%, closing at $41.42 per share on August 1, 2025 [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must submit their papers by November 14, 2025, to serve as lead plaintiff [4]. - Shareholders can remain absent class members if they choose not to participate in the case [4].

Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed costs related to several infrastructure projects [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 executives made false statements regarding the company's financial health and project costs [3]. Group 2: Allegations Against Fluor - Allegations include that costs for the Gordie Howe International Bridge and other projects were increasing due to subcontractor errors, price hikes, and scheduling delays [3]. - The lawsuit claims that these issues, along with reduced customer capital spending, negatively impacted Fluor's business and financial results [3]. - Fluor's financial guidance for fiscal year 2025 is described as unreliable and overstated regarding risk mitigation strategies [3]. Group 3: Financial Performance - On August 1, 2025, Fluor reported 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 [4]. - The company attributed its disappointing results 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]. Group 4: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in the class action lawsuit and has a strong track record in securities fraud litigation [6]. - The firm has recovered over $2.5 billion for investors in 2024 alone, highlighting its capability in handling significant securities class action cases [6].

Company Overview - Argan, Inc. (NYSE:AGX) operates in the Building Products sector, providing engineering, procurement, and construction services [1] - The company has a market capitalization of approximately $3.59 billion [1] Recent Stock Activity - On September 22, 2025, a director of Argan, Inc., QUINN JAMES W, sold 4,660 shares at a price of $259.35 each [1][5] - The current stock price of AGX is $263.41, reflecting a decrease of 1.84% or $4.93 from previous levels [3][5] - AGX has traded between $262.98 and $270.12 today, with $270.12 being the highest price over the past year [3] Options Market Insights - The October 17, 2025, $340.00 Call option for AGX shows high implied volatility, indicating potential significant price movement [2][5] - This high implied volatility suggests that the market anticipates an event that could lead to a substantial rally or a major sell-off in the stock [2] Trading Volume and Historical Performance - AGX's trading volume on the NYSE is 99,709 shares [4] - Over the past year, the stock has seen a low of $93.26, highlighting its volatility [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 a 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 two 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 and the negative impact of reduced customer capital spending on its business [3]. - Fluor's financial guidance for fiscal year 2025 is alleged to be unrealistic, with overstated risk mitigation strategies and understated economic uncertainty impacts [3]. - On August 1, 2025, Fluor reported 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 [4]. Group 3: Impact of the Lawsuit - Following the disappointing earnings report, Fluor's stock price fell by more than 27% [4]. - The lawsuit highlights the connection between the company's project difficulties and its financial performance, indicating a potential long-term impact on investor confidence [3][4]. Group 4: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit, known for securing significant monetary relief for investors in securities fraud cases [6]. - The firm has a strong track record, having recovered over $2.5 billion for investors in 2024 alone [6].

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 a 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, with a deadline of November 14, 2025, for seeking lead plaintiff status [1][5]. - 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 Performance and Impact - 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 was a 5.9% year-over-year decline and fell short of estimates by $570 million [4]. - The disappointing financial results were attributed to rising costs in infrastructure projects and reduced capital spending by customers, leading to a negatively revised financial outlook for fiscal year 2025 [4][3]. - Following the announcement of these results, Fluor's stock price dropped by over 27% [4].