Fluor Faces Securities Class Action as Lead-Plaintiff Deadline Approaches
Plaintiffs allege Fluor concealed growing costs on marquee road and bridge jobs, rendering its 2025 outlook unreliable.
Overview
- A shareholder has filed a securities class action on behalf of investors who bought Fluor shares between February 18 and July 31, 2025.
- The complaints cite rising costs tied to the Gordie Howe, I-635/LBJ, and I-35 projects, attributing overruns to subcontractor design errors, price increases, and scheduling delays.
- Plaintiffs say Fluor overstated the effectiveness of its risk mitigation strategy and downplayed economic headwinds, leading to misleading guidance.
- Investors have until November 14, 2025 to seek appointment as lead plaintiff, with Gross Law Firm, Bernstein Liebhard, Levi & Korsinsky, and the Schall Law Firm soliciting class members.
- The case remains at an early stage with no class certified, representation is contingency-based with no out-of-pocket fees, and investors can participate without serving as lead plaintiff.