|Company name||Fluor Corporation|
NEW YORK, October 4, 2019– Bragar Eagel & Squire is investigating certain officers and directors of Fluor Corporation (NYSE: FLR) following a class action complaint that was filed against Fluor on May 25, 2018.
The complaint alleges that throughout the class period defendants made false and/or misleading statements and/or failed to disclose that (i) Fluor’s bidding process for projects related to the construction of gas-fired power generation facilities was flawed; (ii) Fluor had improperly estimated the gas-fire projects; (iii) as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; (iv) Fluor would incur multiple charges impacting quarterly results; and (v) 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 Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.