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Class action lawsuits

Class Action Lawsuit Filed Against Fluor Corporation for Misrepresenting Financial Condition and Hiding Infrastructure Project Problems

Strategic Insights

— 2 min read

The national plaintiffs' law firm, Berger Montague, has announced a class action lawsuit against Fluor Corporation for allegedly misrepresenting its financial condition and hiding problems with major infrastructure projects. The lawsuit, filed on behalf of investors who purchased or acquired shares during the period from February 18, 2025, through July 31, 2025, claims that Fluor hid rising costs and delays on several high-profile projects. The investigation centers on allegations that the company's Urban Solutions segment, its largest revenue driver, was plagued by project execution failures and a slowdown in new contract awards.

Key Takeaways:

  • The class action lawsuit, filed on behalf of investors who purchased FLR securities during the period from February 18, 2025, through July 31, 2025, alleges that Fluor Corporation misstated its financial condition and failed to disclose escalating problems with major infrastructure projects.
  • The investigation centers on Fluor's Urban Solutions segment, which accounts for the majority of the company's revenue, and its performance on several high-profile projects, including the Gordie Howe, I-635/LBJ, and I-35 projects.
  • On August 1, 2025, Fluor announced disappointing Q2 2025 results, including earnings per share (EPS) of $0.43 and revenue of $3.98 billion, missing consensus expectations by $0.13 and $570 million, respectively.
  • Following the announcement, Fluor's stock price plummeted over 27% to $41.42, and several brokerages issued downgrades due to concerns about internal controls and transparency.
  • Investors who purchased or acquired FLR securities during the Class Period may seek to be appointed as a lead plaintiff representative of the class no later than November 14, 2025.

Statistics:

  • Fluor's stock price plunged over 27% following the Q2 2025 earnings announcement, closing at $41.42 on August 1, 2025.
  • The company's disappointing Q2 2025 results missed consensus expectations by $0.13 and $570 million, respectively.
  • Fluor's Urban Solutions segment accounts for the majority of the company's revenue, but the segment's performance on several high-profile projects, including the Gordie Howe, I-635/LBJ, and I-35 projects, has allegedly been plagued by project execution failures and a slowdown in new contract awards.

Sources:

  • Berger Montague, "Fluor Corporation Class Action Lawsuit (FLR): Investors Must Act by November 14, 2025" [https://www.bergermontague.com/newsroom/fluor-corporation-class-action-lawsuit-flr-investors-must-act-by-november-14-2025/](https://www.bergermontague.com/newsroom/fluor-corporation-class-action-lawsuit-flr-investors-must-act-by-november-14-2025/)
  • PR Newswire, "Berger Montague Announces Class Action Lawsuit Against Fluor Corporation (FLR) - Securities Litigation Partner James (Josh) Wilson, Esq. Investigating Sales of Securities in Florida and Nationwide" [https://www.prnewswire.com/news-releases/berger-montague-announces-class-action-lawsuit-against-fluor-corporation-flr—securities-litigation-partner-james-josh-wilson-esq—investigating-sales-of-securities-in-florida-and-nationwide-301955984.html](https://www.prnewswire.com/news-releases/berger-montague-announces-class-action-lawsuit-against-fluor-corporation-flr—securities-litigation-partner-james-josh-wilson-esq—investigating-sales-of-securities-in-florida-and-nationwide-301955984.html)

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