Cases
Fluor Corporation (FLR)
Securities Class Action
Overview
Overview
- Date:
- 10/26/2018
- Company Name:
- Fluor Corporation
- Stock Symbol:
- FLR
- Class Period:
- FROM 8/14/2013 TO 5/3/2018
- Status:
- Closed/Complete
NEW YORK, October 26, 2018 - Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of Fluor Corporation (NYSE: FLR).
On May 25, 2018, a complaint was filed alleging that between August 14, 2013 and May 3, 2018, defendants made false and/or misleading statements and/or failed to disclose that: (1) Fluor's bidding process for projects related to the construction of gas-fired power generation facilities was flawed; (2) Fluor had improperly estimated the gas-fire projects; (3) as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; (4) Fluor would incur multiple charges impacting quarterly results; and (5) Fluor would ultimately decide to discontinue the pursuit of the gas-fired power market.
If you are a long term stockholder of Fluor, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
On May 25, 2018, a complaint was filed alleging that between August 14, 2013 and May 3, 2018, defendants made false and/or misleading statements and/or failed to disclose that: (1) Fluor's bidding process for projects related to the construction of gas-fired power generation facilities was flawed; (2) Fluor had improperly estimated the gas-fire projects; (3) as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; (4) Fluor would incur multiple charges impacting quarterly results; and (5) Fluor would ultimately decide to discontinue the pursuit of the gas-fired power market.
If you are a long term stockholder of Fluor, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.