PHILADELPHIA, Oct. 14, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Fluor Corporation (NYSE: FLR) ("FLR" or the "Company") on behalf of investors who purchased or acquired shares during the period from February 18, 2025through July 31, 2025 (the "Class Period").
Investor Deadline: Investors who purchased or acquired FLR securities during the Class Period may, no later than November 14, 2025, seek to be appointed as a lead plaintiff representative of the class. To learn your rights,CLICK HERE.
FLR, headquartered in Irving, Texas, provides engineering, procurement, and construction, as well as project management services worldwide. Its Urban Solutions segment is the largest revenue driver of three segments.
According to the lawsuit, FLR is alleged to have concealed significant cost overruns and execution problems on key infrastructure projects, including the Gordie Howe International Bridge, I-635/LBJ, and I-35. These projects—central to the Company's Urban Solutions segment—saw cost increases due to subcontractor errors, supply chain inflation, and construction delays. At the same time, the Company allegedly overstated the strength of its risk mitigation strategy while failing to disclose the full impact of reduced client spending and macroeconomic uncertainty.
Despite these mounting issues, FLR reaffirmed its financial guidance in May 2025. On August 1, 2025, the Company reported second-quarter results that sharply missed expectations, including non-GAAP EPS of $0.43 (missing by $0.13) and revenue of $3.98 billion (missing by $570 million). FLR cut its full-year guidance to reflect these challenges. Following these disclosures, the Company's stock fell 27.04% to a closing price of $41.42 on August 1, 2025. Following the news, analysts downgraded the stock, citing lost confidence in management's disclosures and project oversight.
If you are a FLR investor and would like to learn more about this action, CLICK HEREor please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865.
About Berger Montague
Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco, Chicago, Malvern, PA, and Toronto has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
For more information or to discuss your rights, please contact:
Andrew Abramowitz
Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com
Caitlin Adorni
Director of Portfolio & Institutional Client Monitoring Services
Berger Montague
(267) 764-4865
cadorni@bergermontague.com
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SOURCE Berger Montague
