LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that it has commenced an investigation on behalf of Fluor Corporation (“Fluor” or the “Company”) (NYSE: FLR) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On May 3, 2018, Fluor issued a press release announcing its first quarter 2018 financial results, disclosing an after-tax charge of approximately $96 million for forecast revision on a gas-fired power project. Fluor revised its 2018 guidance for Earnings Per Share to $2.10-$2.50 per diluted share. On this news, shares of Fluor fell more than 22% to close at $45.76 on May 4, 2018, thereby injuring investors.
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If you purchased Fluor securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, 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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