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Press Release
hsmith@howardsmithlaw.comThis lawsuit is for anyone who acquired securities in Fluor Corporation (NYSE: FLR) from February 18, 2025 through July 31, 2025.
The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to timely inform investors that the Company would miss guidance as soon as the Company realized that cost overruns associated with the Gordie Howe, I-635/LBJ, and I-35 projects would make guidance unattainable.
On August 1, 2025, Fluor released its second quarter 2025 financial results, missing consensus estimates, citing growing costs in multiple infrastructure projects due to subcontractor design errors, price increases, and scheduling delays, as well as reduced capital spending by customers. The Company also lowered its full year 2025 outlook due to “client hesitation around economic uncertainty and its impact on new awards and project delays and results for the quarter[.]” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Fluor Corporation (NYSE: FLR) from February 18, 2025 through July 31, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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