Los Angeles, California--(Newsfile Corp. - February 20, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fluor Corporation (NYSE: FLR) ("Fluor" or "the Company") for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Fluor admitted on February 18, 2020, that it is under investigation by the SEC and that its 2019 10-K filing would be delayed due to the ongoing investigation. The Company disclosed that the SEC requested documents related to projects that the Company recorded charges against during the second quarter of 2019. According to Fluor, it is reviewing its reporting for other periods due to the possibility of material errors in its financial statements. Based on this news, shares of Fluor dropped by more than 24.5% in intraday trading.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
Cell: 424-303-1964
info@schallfirm.com
www.schallfirm.com
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