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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 the ongoing securities class action lawsuit. The lawsuit, pending in the United States District Court for the Northern District of Texas, alleges that Fluor and certain executives failed to disclose material information during this period. This failure to disclose led to the Company's financial results missing consensus estimates, causing a significant decline in the stock price.

Key Takeaways:

  • The lawsuit, Maglione v. Fluor Corporation, et al., No. 25-cv-02496, alleges that Fluor and certain executives failed to disclose material information during the Class Period, violating federal securities laws.
  • On August 1, 2025, Fluor announced its financial results for the second quarter of 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 and missing consensus estimates by $570 million.
  • 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 Defendants' prior guidance of $575 million to $675 million, and adjusted EPS of $1.95 per share to $2.15 per share, down significantly from Defendants' prior guidance of $2.25 per share to $2.75 per share.
  • On this news, 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.
  • Investors who wish to serve as a lead plaintiff in this class action must petition the Court by November 14, 2025.
  • Kahn Swick & Foti, LLC, a nation's premier boutique securities litigation law firm, is seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies.

Statistics:

  • 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 Company disclosed a revenue decline of 5.9% year-over-year, missing consensus estimates by $570 million.
  • The Company's adjusted EBITDA guidance for FY 2025 was down 23-30% from its prior guidance.
  • The lawsuit seeks to recover losses for investors who purchased Fluor's securities during the Class Period.

Sources:

  • "KSF Reminds Investors of Lead Plaintiff Deadline in Class Action Lawsuit Filed Against Fluor Corporation" (GLOBE NEWSWIRE, September 22, 2025)
  • "Kahn Swick & Foti, LLC - About Us" (ksfcounsel.com)
  • "SCAS Top 10 Plaintiff Law Firms" (iss.com)

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