Overview

• Lawsuit Maglione v. Fluor Corporation, No. 25‑cv‑02496, is pending in the Northern District of Texas and covers purchases between February 18 and July 31, 2025.
• Filings allege Fluor misled investors about mounting costs and risk controls on major infrastructure jobs, including the Gordie Howe bridge and Texas I‑635/LBJ and I‑35E projects.
• The complaint cites subcontractor design errors, price increases, and scheduling delays, along with reduced customer capital spending and client hesitation tied to economic uncertainty.
• On August 1, Fluor reported Q2 2025 non‑GAAP EPS of $0.43 on $3.98 billion in revenue and cut FY2025 guidance to adjusted EBITDA of $475–$525 million and adjusted EPS of $1.95–$2.15.
• Fluor shares fell about 27% ($15.35) to $41.42 on August 1, and multiple plaintiff firms are soliciting investors ahead of the November 14 lead‑plaintiff deadline, noting no class has yet been certified.