Press release
Investigation announced for Investors in shares of Fluor Corporation (NYSE: FLR)
An investigation for investors in Fluor Corporation (NYSE: FLR) shares over potential securities laws violations by Fluor.
Investors who purchased shares of Fluor Corporation (NYSE: FLR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on 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.
Irving, TC based Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services worldwide. On February 18, 2020, Fluor Corporation disclosed that it is being investigated by the Securities and Exchange Commission (SEC) and that the 10-K filing for 2019 would be delayed as a result. The Company said the SEC had requested documents and information related to projects for which the Company recorded charges in the second quarter of 2019. Fluor Corporation also stated that it is reviewing prior period reporting, and it is possible it may have material errors in financial statements.
Shares of Fluor Corporation (NYSE: FLR) declined from $20.90 per share on January 16, 2020 to as low as $13.93 per share on February 20, 2020.
Those who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
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E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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