Class Action News

FLR Class Action Investigation Commences

Levi & Korsinsky, LLP

May 11, 2018

Levi & Korsinsky announces it has commenced an investigation of Fluor Corporation (“Fluor” or “the Company”) (NYSE: FLR) concerning possible violations of federal securities laws. On May 3, 2018, Fluor issued a press release announcing its first quarter 2018 financial results, disclosing an after-tax charge of approximately $96 million for forecast revision on a gas-fired power project. The Company revised its 2018 guidance for Earnings Per Share to a range of $2.10 to $2.50 per diluted share. Following this news, shares of Fluor fell more than 22% to close at $45.76 per share on May 4, 2018. To obtain additional information on the Fluor class action investigation (FLR class action investigation), go tohttp://www.zlk.com/pslra-d/fluor-investigation or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.