INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Fluor Corp. & Encourages Investor...
June 06 2018 - 12:23PM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against Fluor
Corporation (''Fluor” or ''the Company'') (NYSE: FLR) for
violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities
and Exchange Commission.
Investors who purchased the Company's shares between August 14,
2013, and May 3, 2018, inclusive (the ''Class Period''), are
encouraged to contact the firm before July 24, 2018.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights
free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email
at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the Complaint, Fluor made false and misleading
statements to the marketplace. It alleges that the Company’s
procedures for bidding on gas-fired power plant projects suffered
from flaws. Fluor improperly estimated the costs for completing
gas-fired plant projects, resulting in equipment, productivity, and
other project completion problems. These problems caused Fluor to
face charges impacting quarterly results. Ultimately, Fluor
discontinued operations in the gas-fired power market. As a result
of these facts, the Company’s statements about its business
prospects and operations were false and misleading during the class
period. According to the lawsuit, when accurate information about
the Company became apparent in the market, investors suffered
damages.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180606006058/en/
The Schall Law FirmBrian Schall, Esq.,Sherin Mahdavian,
Esq.,www.schallfirm.com310-301-3335info@schallfirm.com
Fluor (NYSE:FLR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fluor (NYSE:FLR)
Historical Stock Chart
From Apr 2023 to Apr 2024