A Deadline is coming up on April 28, 2020 in the lawsuit for certain investors in Fluor Corporation (NYSE: FLR).
San Diego, CA -- (SBWIRE) -- 04/21/2020 -- The Shareholders Foundation announced a deadline is coming up on April 28, 2020 in the lawsuit filed for certain investors of Fluor Corporation (NYSE: FLR).
Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and there are strict and short deadlines running. Deadline: April 28, 2020. NYSE: FLR stockholders should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff claims that between November 2, 2017 and February 14, 2020, Fluor Corporation (NYSE: FLR inflated its revenue and earnings by improperly recognizing revenue on 16 separate projects ("2Q 2019 Projects"), that once awarded a contract to perform work on a construction project, the Company would routinely submit "change orders" to its clients to request additional funds, which the client was not contractually obligated to pay, to cover "unforeseen circumstances", that Defendants repeatedly made false and misleading statements to investors regarding Fluor's revenue recognition practices with respect to its submission of these change orders, and that as a result of Defendants' misrepresentations, shares of Fluor's common stock traded at artificially inflated prices between November 2, 2017 and February 14, 2020.
Those who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and should contact the Shareholders Foundation.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.