#United States #Dallas #Securities Fraud #Pomerantz Law #Fluor Corporation

Pomerantz Law Firm Files Class Action Against Fluor Corporation

On October 18, 2025, Pomerantz LLP, a renowned law firm based in New York, announced the filing of a class action lawsuit against Fluor Corporation (NYSE: FLR) along with certain executive officers of the company. The case, filed in the United States District Court for the Northern District of Texas, takes aim at allegations of violations of federal securities laws during a defined period, from February 18, 2025, to July 31, 2025, known as the "Class Period."

Background of the Case

The legal action arises from claims put forth by investors who acquired Fluor's securities during the Class Period. They seek to recover damages attributed to alleged false and misleading statements made by Fluor's executives regarding the company’s financial health and business prospects. The lawsuit targets key figures within Fluor, highlighting potential accountability for misrepresentation that has adversely affected shareholders.

Investors looking to join as Lead Plaintiffs have until November 14, 2025, to come forward. Interested individuals can find the Complaint on Pomerantz’s official website. For more information, they can contact Danielle Peyton at the firm.

About Fluor Corporation

Fluor is a global leader in providing engineering, procurement, and construction (EPC) services, with a diverse portfolio that spans across Urban Solutions, Energy Solutions, and Mission Solutions sectors. The company has been particularly noted for a range of significant projects including the Gordie Howe International Bridge and various infrastructure developments in Texas. The Urban Solutions segment is notably Fluor’s major revenue generator, providing critical project management services in several sectors such as advanced technologies, life sciences, and manufacturing.

In February 2025, Fluor had provided promising financial projections for the fiscal year 2025, estimating substantial earnings before interest, taxes, depreciation, and amortization (EBITDA), along with optimistic earnings per share (EPS) figures. However, as the year progressed, various economic pressures including trade tensions and customer hesitations began to surface, raising doubts about the reliability of these forecasts.

Allegations of Misrepresentation

The crux of the lawsuit rests on allegations that Fluor’s executives failed to disclose critical information about escalating costs linked to major infrastructure projects, which included design errors and delays. The complaint asserts that these issues contributed to a negative spiral impacting the company’s financial outlook, casting doubt over the integrity of Fluor's previously stated financial projections.

As the situation progressed, Fluor reported disappointing Q2 results in August 2025, revealing that its non-GAAP EPS fell short of expectations. This miss was attributed to various operational setbacks, exacerbated by escalating project costs and capital spending reductions from clients. The company's adjusted outlook for the fiscal year reflected a significant downward revision, raising further alarms among investors.

Impact on Shareholders

Following the release of the Q2 results and the subsequent drop in stock prices—by a staggering 27%—many investors found themselves adversely affected by the circumstances surrounding the company. The legal action initiated by Pomerantz LLP aims to hold Fluor accountable for the alleged securities violations, representing a push for financial justice among frustrated stakeholders.

About Pomerantz LLP

Pomerantz LLP has established itself as a leader in the field of corporate and securities class litigation. With more than 85 years of experience, the firm has played a pivotal role in advocating for victims of corporate malpractice and securities fraud. Their commitment to protecting investors and upholding corporate accountability has resulted in billions of dollars in recoveries for class members. They operate globally with offices in major cities like New York, London, and Tel Aviv, demonstrating a strong commitment to investor rights.

While news of the lawsuit continues to develop, it highlights the importance of corporate transparency and investor vigilance in an increasingly complex economic environment. Investors are encouraged to stay informed and engaged as this legal challenge unfolds.