Wolf Haldenstein Adler Freeman & Herz LLP Announces Securities Class Action Lawsuit Against Fluor Corporation (NYSE: FLR)

NEW YORK, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed against Fluor Corporation (NYSE: FLR) and certain company officers in the United States District Court for the Northern District of Texas.

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Fluor Corporation Securities Class Action Lawsuit

Class Period: February 18, 2025 – July 31, 2025
Lead Plaintiff Deadline: November 14, 2025

Background

Fluor provides engineering, procurement, construction, fabrication, modularization, and project management services through its Urban Solutions, Energy Solutions, and Mission Solutions segments. Its Urban Solutions division—covering infrastructure and major project services—was the largest contributor to revenue and profit during 2024 and early 2025.

Allegations

The complaint alleges that throughout the Class Period, Fluor and its executives made false and misleading statements, and failed to disclose that:

• Costs tied to major infrastructure projects, including the Gordie Howe International Bridge, I-635/LBJ, and I-35, were rising due to subcontractor design errors, price increases, and delays.
• Customer reductions in capital spending and hesitation over economic uncertainty were negatively impacting operations.
• The company’s FY 2025 financial guidance was unrealistic and unreliable.
• Fluor overstated the effectiveness of its risk mitigation strategy and downplayed risks from economic conditions.

Key Events

• February 2025: Fluor issued FY 2025 guidance of adjusted EBITDA $575M–$675M and EPS $2.25–$2.75.
• May 2025: Guidance reaffirmed despite acknowledged market uncertainty.
• August 1, 2025: Q2 results reported:
  • EPS of $0.43, missing estimates by $0.13.
  • Revenue of $3.98B, down 5.9% year-over-year and $570M below expectations.
  • FY 2025 guidance cut to adjusted EBITDA $475M–$525M and EPS $1.95–$2.15.
  • Cited project cost overruns, delays and client spending hesitation.
    

Market Impact

Following the August 1, 2025 disclosures, Fluor’s stock price dropped 27% ($15.35 per share) to close at $41.42.

Wolf Haldenstein Adler Freeman & Herz LLP?:

This illustrious firm, founded in 1888, is steadfast in their pursuit of justice for investors who have suffered financial harm due to these misrepresented statements. The law firm brings to the fore over 125 years of legal expertise in securities litigation and has a proven track record of protecting the rights of investors.

We encourage all investors who have been affected or have information that will assist in our investigation, to contact Wolf Haldenstein Adler Freeman & Herz LLP.

Contact:

• Phone: (800) 575-0735 or (212) 545-4774
• Email: classmember@whafh.com
• Contact Person: Gregory Stone, Director of Case and Financial Analysis
  

Firm Website: Wolf Haldenstein Adler Freeman & Herz LLP

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