Kahn Swick & Foti Alerts KBR Investors About Class Action Filing Deadline
Kahn Swick & Foti Alerts KBR Investors About Class Action Filing Deadline
Kahn Swick & Foti, LLC (KSF), in conjunction with its partner and former Louisiana Attorney General Charles C. Foti, Jr., is reaching out to investors who faced financial losses exceeding $100,000 in KBR, Inc. (NYSE KBR) during a designated timeframe. The firm emphasizes that the deadline for filing lead plaintiff applications in the announced class action lawsuit is fast approaching on November 18, 2025.
Understanding the Class Action and Its Implications
The class action lawsuit concerns KBR's alleged nondisclosure of significant information regarding the performance of its subsidiary, HomeSafe Alliance, during the class period from May 6, 2025, to June 19, 2025. The lawsuit was instigated following alarming news that the U.S. Department of Defense terminated the Global Household Goods Contract, which KBR secured in 2021. This contract was crucial as it aimed to revamp the military moving system for servicemembers and their families.
The statement from KBR regarding this termination led to a steep decline in the company’s share price, which plummeted by approximately $3.85, representing a 7.29% drop, closing at $48.93 on June 20, 2025. The stock continued its downward trend, further reducing by $1.30 on June 23, 2025. This dramatic fall highlights the significant impact that such news can have on share value and investor equity.
Legal Course of Action for Investors
Investors who acquired KBR's shares during the specified class period and suffered losses are encouraged to engage in dialogue about their legal rights and the potential ramifications of the lawsuit. Kahn Swick & Foti is readily available for consultations without any obligation to the investor. Interested parties can reach KSF Managing Partner Lewis Kahn by calling 1-877-515-1850 or via email at email protected]. Additional details can also be accessed on their official site: [ksfcounsel.com.
To qualify as a lead plaintiff and champion the interests of fellow shareholders, investors must act timely and file their petitions before the upcoming deadline.
Essential Details About the Filing
The case is officially documented as Norrman v. KBR, Inc., et al., No. 25-cv-04464, and is currently progressing in the U.S. District Court for the Southern District of Texas. Kahn Swick & Foti stands out in this arena as a prominent boutique securities litigation law firm, recognized nationally for its performance, having been ranked among the top 10 law firms concerning total settlement value within the past year.
KSF’s commitment extends to a broad clientele, ranging from institutional investors to individual retail investors, actively pursuing recoveries for losses triggered by corporate malfeasance.
Kahn Swick & Foti's Legal Legacy
Kahn Swick & Foti, LLC prides itself on its vast resources and expertise, with offices in various locations including New York, Delaware, California, Louisiana, and Chicago. Through their strategic operations, KSF aims to protect investors' rights and facilitate their journey toward reclaiming lost investments.
For those who wish to stay updated or connect with Kahn Swick & Foti, the firm encourages engagement on various platforms including Facebook, Instagram, YouTube, TikTok, and LinkedIn. This outreach is part of their commitment to transparency and investor education in the landscape of public company securities litigation.
Topics Financial Services & Investing）
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