Pomerantz Law Firm Unveils Class Action Against Fluor Corporation and Senior Executives
On September 28, 2025, the Pomerantz Law Firm announced the initiation of a class action lawsuit against Fluor Corporation, a company prominent in the engineering and construction sector, alongside certain of its executives. This legal action, filed in the U.S. District Court for the Northern District of Texas, aims to represent individuals and entities that acquired Fluor securities between February 18, 2025, and July 31, 2025, which is referred to as the 'Class Period.' The lawsuit seeks to reclaim losses suffered due to alleged contraventions of federal securities laws under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, alongside Rule 10b-5.
Potential class members must act swiftly, as the deadline for filing their application to be designated as Lead Plaintiff is November 14, 2025. Interested parties can find the complaint and further information on the Pomerantz Law website. Investors are encouraged to reach out to Danielle Peyton via email or phone for clarification or to discuss their options in this unfolding situation.
Fluor Corporation is a leader in providing engineering, procurement, and construction (EPC) services globally, functioning through three main segments: Urban Solutions, Energy Solutions, and Mission Solutions. The Urban Solutions division, which focuses on advanced technologies and manufacturing, life sciences, mining, and infrastructure projects, emerged as the major driver of Fluor's revenue and profits in 2024 and early 2025. Significant projects in this segment include the Gordie Howe International Bridge and major Texas highways like I-635 and I-35.
In February 2025, Fluor released optimistic financial guidance for the full fiscal year (FY) of 2025, indicating an adjusted EBITDA between $575 million and $675 million and earnings per share (EPS) of $2.25 to $2.75. Despite acknowledging the adverse effects of prevailing economic uncertainties, including trade issues, Fluor's executives continued to assert their confidence in the company’s operations and the effectiveness of their risk management strategies.
However, the complaint accuses Fluor and its executives of making misleading representations and failing to disclose crucial financial realities throughout the Class Period. Allegedly, the expenses associated with key projects like Gordie Howe and Interstate projects were escalating due to subcontractor errors, price hikes, and scheduling delays, factors they reportedly concealed. Furthermore, the lawsuit highlights how reduced customer spending coupled with hesitance due to economic uncertainty had a more substantial negative effect on Fluor’s business than claimed.
Fluor’s Q2 financial report, released on August 1, 2025, revealed significant misses in earnings expectations, with non-GAAP EPS falling short by $0.13 and a revenue decline of 5.9% year-over-year. The company attributed these disappointing results to increasing costs across various infrastructure initiatives and reduced client capital investments. Notably, the adjusted earnings outlook was sharply revised downward, signalling mounting financial difficulties that contradict previously stated expectations. Following these revelations, Fluor’s stock plummeted by over 27%, dropping $15.35 per share, demonstrating the market's immediate reaction to the dismal financial performance and the disclosed mismanagement.
Pomerantz LLP, known for its significant impact in corporate, securities, and antitrust class actions, aims to uphold the rights of investors through this lawsuit. Established by Abraham L. Pomerantz, a pioneer in the class action field, the firm has been pivotal in recovering billions for those wronged by corporate malfeasance. For over 85 years, Pomerantz has represented victims of securities fraud and corporate misconduct, advocating tirelessly for equity and justice in the marketplace.
As this case unfolds, the outcomes could have significant implications for Fluor Corporation and impact investor confidence in the construction and engineering landscape. Stakeholders and market observers will undoubtedly be following developments closely as further details emerge from the court proceedings. Investors impacted during the Class Period are encouraged to act promptly to protect their rights and explore legal avenues to secure potential financial redress.