BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased KBR, Inc. (“KBR” or the “Company”) (NYSE: KBR) securities between February 26, 2016 and April 27, 2017, inclusive (the “Class Period”). KBR investors have until July 3, 2017 to file a lead plaintiff motion.
Investors that suffered losses on their KBR investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to firstname.lastname@example.org.
On April 28, 2017, the U.K. Serious Fraud Office announced an investigation into KBR’s “officers, employees and agents for suspected offenses of bribery and corruption.” On this news, shares of KBR fell nearly 10% on April 28, 2017, thereby injuring investors.
According to the lawsuit, during the Class Period defendants made false and misleading statements and/or failed to disclose that: (1) KBR’s United Kingdom subsidiaries had violated applicable bribery and corruption laws; and (2) as a result, KBR’s public statements were materially false and misleading at all relevant times.
If you purchased shares of KBR during the Class Period you may move the Court no later than July 3, 2017 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit the website at www.howardsmithlaw.com.
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