LOST MONEY IN FLUOR CORPORATION? Gibbs Law Group Investigates Potential Securities Law Violations

OAKLAND, Calif.--(BUSINESS WIRE)--Fluor Corporation shares fell by nearly 25% after the company announced it was being investigated by the Securities and Exchange Commission for possible accounting and financial reporting errors, and that its 2019 10-K filing would be delayed as a result. Gibbs Law Group is investigating a potential Fluor Class Action Lawsuit on behalf of investors who lost money in Fluor (NYSE: FLR) stock.

To speak with an attorney regarding this class action lawsuit investigation, click here or call [phone].

On February 18, 2020, Fluor disclosed that the SEC is investigating its accounting and financial reporting for the second quarter of 2019. As Fluor responds to requests for data by the SEC, the company stated it is also reviewing prior period reporting and will delay its 2019 10-K filing until after February 2020. According to Fluor, it “remains possible” that there were material errors in its prior period financial statements.

Following this news, on February 18, 2020 Fluor’s stock price dropped by nearly 25% to close at $14.79, causing significant harm to investors.

What Should Fluor Investors Do?

If you invested in Fluor, visit our website or contact our securities team directly at [phone] to discuss how you may be able to recover your losses. Our investigation concerns whether Fluor has violated federal securities laws.

About Gibbs Law Group

Gibbs Law Group represents individual and institutional investors throughout the country in securities litigation to correct abusive corporate governance practices, breaches of fiduciary duty, and proxy violations. The firm has recovered over a billion dollars for its clients against some of the world’s largest corporations, and our attorneys have received numerous honors for their work, including “Best Lawyers in America,” “Top Plaintiff Lawyers in California,” “California Lawyer Attorney of the Year,” “Top Class Action Attorneys Under 40,” “Consumer Protection MVP,” and “Top Cybersecurity/ Privacy Attorneys Under 40.”

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