KBR Inc

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: KBR Inc
Stock Symbol : NYSE: KBR
Class Period Start: 02/26/2016
Class Period End: 04/27/2017
Lead Plaintiff motion: 07/03/2017
Date Filed: 05/03/2017
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of Texas
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the July 3, 2017 lead plaintiff deadline in a class action lawsuit filed against KBR Inc (NYSE: KBR) (“KBR” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of Texas and investors, who purchased KBR Inc securities between February 26, 2016 and April 27, 2017, have until July 3, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased KBR Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Company’s United Kingdom subsidiaries had violated applicable bribery and corruption laws; and as a result of the foregoing, KBR’s public statements were materially false and misleading at all relevant times.

On April 28, 2017, the United Kingdom’s Serious Fraud Office revealed that it had opened an investigation into “the activities of KBR’s UK subsidiaries, their officers, employees and agents for suspected offences of bribery and corruption.”

Following this news, NYSE:KBR dropped $1.43, or 9.24%, to close at $14.05 on April 28, 2017.

If you were negatively impacted by your investment in KBR Inc securities between February 26, 2016 and April 27, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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Thieler Law Corp

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San Diego, CA 92101

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