LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the July 3, 2017 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased KBR, Inc. (“KBR” or the “Company”) (NYSE: KBR) securities between February 27, 2014 and April 27, 2017, inclusive (the “Class Period”). KBR investors have until July 3, 2017 to file a lead plaintiff motion in this class action.
On April 28, 2017, the U.K. Serious Fraud Office (the “SFO”) announced an investigation into KBR’s “officers, employees and agents for suspected offenses of bribery and corruption.” On this news, shares of KBR fell over 7% per share during intraday trading on April 28, 2017.
According to the lawsuit, defendants during the Class Period 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.
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If you purchased or otherwise acquired KBR shares during the Class Period you may move the Court no later than July 3, 2017 to request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action 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 action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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