1. A class action lawsuit targets KBR for misleading investors. 2. The lawsuit claims KBR made false statements during a specific period. 3. Concerns about KBR’s HomeSafe joint venture were dismissed in public statements. 4. The class period extends from May 6 to June 19, 2025. 5. Shareholders are advised to register for updates on the case.
The class action lawsuit indicates potential financial and reputational damage for KBR. Similar past lawsuits have negatively impacted stock prices significantly.
Legal repercussions and financial losses from lawsuits can directly impair KBR's market valuation. High-profile cases often lead to swift market corrections.
The immediate news of the lawsuit can lead to stock price volatility and investor reactions. Recent similar lawsuits have caused swift market responses.
The DJS Law Group reminds investors of a class action lawsuit against KBR, Inc. ("KBR" or "the Company") (NYSE: KBR) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of KBR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: May 6, 2025 to June 19, 2025
DEADLINE: November 18, 2025
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. KBR was aware that the Department of Defense had ongoing concerns about its HomeSafe joint venture, specifically about its ability to fulfill its obligations related to the relocation of armed forces services members and their families. Despite knowing about these concerns, the Company claimed to investors that its performance would continue to grow. Based on these facts, KBR's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250922657243/en/
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com