Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Fluor Corporation (NYSE: FLR) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Fluor Corporation (NYSE: FLR) concerning whether a series of statements by Fluor Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 2, 2019, the Company reported a net loss of $58 million, or $0.42 per diluted share, compared to a net loss of $18 million, or $0.13 per diluted share a year ago. Furthermore, Fluor revealed that CEO David Seaton has stepped down.
On this news, NYSE: FLR fell over 25% on May 2, 2019.
Based in Irving, Texas, and founded in 1912 Fluor Corporation provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services worldwide.
If you purchased shares of Fluor Corporation (NYSE: FLR) on or before May 2, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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