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Class action lawsuits

Securities Class Action Lawsuit Against Fluor Corporation

Strategic Insights

— 2 min read

Investors who purchased Fluor Corporation's securities between February 18, 2025, and July 31, 2025, are reminded that they have until November 14, 2025, to file lead plaintiff applications in a securities class action lawsuit against the Company. The lawsuit, pending in the United States District Court for the Northern District of Texas, alleges that Fluor and certain of its executives failed to disclose material information during the class period, violating federal securities laws.

Fluor's financial results for the second quarter of 2025 were announced on August 1, 2025, disclosing a Q2 non-GAAP EPS of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, representing a 5.9% year-over-year decline. The Company also disclosed a negatively revised financial outlook for FY 2025, guiding to adjusted EBITDA of $475 million to $525 million, down significantly from previous guidance. As a result, the price of Fluor's shares fell $15.35 per share, or 27.04%, to close at $41.42 per share on August 1, 2025.

Key Takeaways:

  • Investors who purchased Fluor's securities between February 18, 2025, and July 31, 2025, have until November 14, 2025, to file lead plaintiff applications.
  • The lawsuit alleges that Fluor and certain of its executives failed to disclose material information during the class period, violating federal securities laws.
  • Fluor's Q2 2025 financial results showed a non-GAAP EPS of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, a 5.9% year-over-year decline.
  • The Company disclosed a negatively revised FY 2025 financial outlook, guiding to adjusted EBITDA of $475 million to $525 million, down from previous guidance.
  • The price of Fluor's shares fell $15.35 per share, or 27.04%, to close at $41.42 per share on August 1, 2025.
  • The case is Maglione v. Fluor Corporation, et al., No. 25-cv-02496.
  • KSF, the law firm handling the case, includes former Louisiana Attorney General Charles C. Foti, Jr., and has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
  • KSF has a track record of securing top-10 rankings nationally in securities class action lawsuits.

Statistics:

  • Class period: February 18, 2025, to July 31, 2025
  • Deadline for lead plaintiff applications: November 14, 2025
  • Q2 2025 non-GAAP EPS: $0.43, missing consensus estimates by $0.13
  • Q2 2025 revenue: $3.98 billion, a 5.9% year-over-year decline
  • FY 2025 adjusted EBITDA guidance: $475 million to $525 million
  • Price drop on August 1, 2025: $15.35 per share, or 27.04%

Sources:

  • GlobeNewswire, LLC
  • KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr.
  • The United States District Court for the Northern District of Texas
  • ISS Securities Class Action Services

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