Law firm Wolf Haldenstein Adler Freeman & Herz declares a securities lawsuit class action against Fluor Corporation, listed on NYSE as FLR.
Wolf Haldenstein Adler Freeman & Herz LLP, a law firm with over 125 years of legal expertise in securities litigation, has filed a class action lawsuit against Fluor Corporation (NYSE: FLR) and certain company officers. The lawsuit was filed in the United States District Court for the Northern District of Texas.
The complaint alleges that Fluor and its executives made false and misleading statements about the company's financial situation during the class period, which is February 18, 2025, to July 31, 2025. Specifically, it is claimed that Fluor overstated the effectiveness of its risk mitigation strategy and downplayed risks from economic conditions.
The lawsuit asserts that customer reductions in capital spending and economic uncertainty were negatively impacting Fluor's operations. The firm's FY 2025 guidance was cut following Q2 results to adjusted EBITDA $475M-$525M and EPS $1.95-$2.15. Fluor cited project cost overruns, delays, and client spending hesitation as reasons for the guidance cut.
The complaint further alleges that costs for 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. These issues are said to have contributed to Fluor's Q2 results, which saw revenue of $3.98B, down 5.9% year-over-year and $570M below expectations. The company's EPS was $0.43, missing estimates by $0.13.
Following the August 1, 2025 disclosures, Fluor's stock price dropped 27% ($15.35 per share) to close at $41.42.
Investors who have been affected or have information that will assist in the investigation are encouraged to contact Wolf Haldenstein Adler Freeman & Herz LLP. The lead plaintiff deadline for the lawsuit is November 14, 2025.
Wolf Haldenstein Adler Freeman & Herz LLP pursues justice for investors affected by misrepresented statements and has a proven track record of protecting investors' rights. Contact information for the firm includes a phone number (800) 575-0735 or (212) 545-4774, an email address ([email protected]), and a contact person (Gregory Stone, Director of Case and Financial Analysis).
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. The specific persons at Wolf Haldenstein Adler Freeman & Herz LLP responsible for the lawsuit against Fluor Corporation are not publicly disclosed.
Fluor Corporation provides engineering, procurement, construction, fabrication, modularization, and project management services. The firm's website is Wolf Haldenstein Adler Freeman & Herz LLP.