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Press Release
hsmith@howardsmithlaw.comThis lawsuit is for anyone who acquired securities in KBR, Inc. (NYSE: KBR) from May 6, 2025 through June 19, 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 the U.S Department of Defense would be cancelling its contract with the Company’s joint venture, HomeSafe Alliance.
On June 19, 2025, the U.S. Department of Defense announced that it had canceled its multibillion-dollar contract with KBR’s joint venture, HomeSafe Alliance (“HAS”), “for cause due to HSA’s demonstrated inability to fulfill their obligations and deliver high quality moves to Service members.” 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 KBR, Inc. (NYSE: KBR) from May 6, 2025 through June 19, 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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