Fluor Hit With Securities Class Action Over Cost Overruns and 2025 Guidance

Overview

• Pomerantz LLP said it filed the case in the U.S. District Court for the Northern District of Texas, Dallas Division, under docket 25-cv-02496.
• The complaint covers purchases of Fluor securities from February 18, 2025 through July 31, 2025 and alleges materially false and misleading statements.
• Allegations cite cost growth on the Gordie Howe bridge and Texas highway projects I-635/LBJ and I-35E tied to subcontractor design errors, price increases, and scheduling delays.
• Plaintiffs claim Fluor overstated risk mitigation and issued unreliable full‑year 2025 guidance, with investor losses crystallizing after the August 1 earnings miss and guidance cut when shares fell about 27%.
• No class has been certified; firms are urging eligible investors to consider counsel, noting participation can be on a contingency basis.