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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Fluor Corporation (FLR)

1. A class action lawsuit has been filed against Fluor Corporation. 2. Plaintiffs allege misleading statements regarding project costs and financial guidance. 3. Increased project costs stem from design errors and scheduling delays. 4. Customer hesitation and capital spending reductions negatively impact Fluor's business. 5. The financial guidance for FY 2025 is now considered unreliable.

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FAQ

Why Very Bearish?

Past instances, like those faced by other construction firms, show lawsuits significantly impact stock prices. Negative sentiments often lead to sell-offs, as seen with Bechtel in 2022.

How important is it?

The lawsuit highlights significant underlying issues, impacting investor sentiment and company valuation. The likelihood of immediate repercussions from the legal issues is quite high.

Why Short Term?

Immediate litigations typically result in strong price fluctuations, affecting stock performance in the near term. Investor confidence could diminish quickly, leading to rapid sell-offs.

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NEW YORK, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Texas on behalf of all persons or entities who purchased or otherwise acquired Fluor Corporation (“Fluor” or the “Company”) (NYSE: FLR) securities between February 18, 2025 and July 31, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) costs associated with the Gordie Howe, I-635/LBJ, and I-35 projects were growing because of, inter alia, subcontractor design errors, price increases, and scheduling delays; (ii) the foregoing, as well as customer reduction in capital spending and client hesitation around economic uncertainty, was having, or was likely to have, a significant negative impact on the Company’s business and financial results; (iii) accordingly, Fluor’s financial guidance for FY 2025 was unreliable and/or unrealistic, the effectiveness of the Company’s risk mitigation strategy was overstated, and the impact of economic uncertainty on the Company’s business and financial results was understated; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times. Investors who purchased or otherwise acquired shares of Fluor should contact the Firm prior to the November 14, 2025 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.  If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com or gegleston@gme-law.com. Please visit our website at http://www.gme-law.com for more information about the firm.

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