#United States #Class Action #Dallas #Pomerantz Law Firm #Fluor Corporation

Pomerantz Law Firm Initiates Class Action Against Fluor Corporation

On October 8, 2025, Pomerantz LLP announced the initiation of a class action lawsuit against Fluor Corporation (NYSE: FLR) and several of its officers. This legal action has been filed in the United States District Court for the Northern District of Texas, specifically in the Dallas Division, and is recorded under docket number 25-cv-02496. The lawsuit is designed to represent all individuals and entities who purchased Fluor securities between February 18, 2025, and July 31, 2025 (the “Class Period”). The suit seeks to secure damages from the defendants for alleged violations of federal securities laws under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5.

Key Details of the Class Action

Investors affected by this potential breach are being encouraged to consider becoming the Lead Plaintiff for the class by filing by November 14, 2025. Interested investors can obtain a copy of the complaint from Pomerantz's website, www.pomerantzlaw.com, for further details. For inquiries, individuals can contact Danielle Peyton at [email protected] or by phone at 646-581-9980, toll-free at 888.4-POMLAW.

Fluor Corporation is a significant global player, providing engineering, procurement, construction (EPC), and project management services across various sectors such as Urban Solutions, Energy Solutions, and Mission Solutions. The Urban Solutions segment has historically accounted for a substantial portion of Fluor's revenue and profits, servicing industries including advanced technologies, manufacturing, life sciences, mining, and infrastructure projects. Major undertakings include the Gordie Howe International Bridge and critical highway projects in Texas.

Allegations of Misconduct

The class action centers on allegations that Fluor and its top officials made materially false and misleading statements regarding the company's business performance and projections. Notably, the lawsuit claims that throughout the Class Period, the defendants failed to disclose increasing costs associated with projects like the Gordie Howe and Texas highways due to factors such as subcontractor errors and project delays. Moreover, it is alleged that these challenges significantly impacted the company’s financial outlook.

In February 2025, Fluor had confidently released its financial guidance for the entire fiscal year of 2025, claiming an adjusted EBITDA of between $575 million and $675 million and earnings per share (EPS) ranging from $2.25 to $2.75. However, by May 2025, while reaffirming this guidance, executives acknowledged potential threats from economic uncertainties stemming from trade tensions. They continued to assure investors of Fluor's operations and strategies.

However, the actual results announced in August 2025 painted a stark contrast to these earlier reassurances. Fluor's second-quarter results for 2025 highlighted a significant miss on EPS estimates and a year-over-year revenue decline. The results were attributed to growing project costs and reduced client capital spending. Following these revelations, Fluor's stock price plummeted by 27.04%, reflecting investor concerns about the company's stability and future earnings prospects.

About Pomerantz LLP

Founded by Abraham L. Pomerantz, recognized as a pioneer in the field of securities class actions, Pomerantz LLP has maintained its reputation as a leading firm in corporate, securities, and antitrust litigation. The firm has a legacy of fighting for the rights of victims of securities fraud and corporate malfeasance and has successfully recovered billions in damages for class members. With offices in multiple cities internationally, Pomerantz continues to lead the charge in seeking justice for investors.

Conclusion

As Fluor faces significant scrutiny from the lawsuit, ongoing developments will be closely monitored by investors and market analysts alike. The outcome could set notable precedents concerning corporate accountability and investor protection in the face of misleading corporate disclosures. Investors affected by Fluor’s financial downturn during the Class Period will want to stay informed on this evolving legal situation.