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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 28, 2020 to file lead plaintiff applications in a securities class action lawsuit against Fluor Corporation (NYSE: FLR).
Fluor and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On February 18, 2020, the Company disclosed an SEC investigation into its revenue recognition practices related to sixteen 2019 projects and that its 10-K filing for 2019 would be delayed as a result, as well as the Company’s own internal investigation into the same.
On this news, the price of Fluor’s shares declined, damaging investors.
If you purchased shares of Fluor and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (email@example.com), or fill out the form on this page.
The case is Union Asset Management Holding AG, et al. v. Fluor Corporation, et al., No. 20-cv-00518.
Click here to read the first filed complaint.