Law Offices of Frank R. Cruz Encourages KBR, Inc. (KBR) Investors To Inquire About Securities Fraud Class ActionSeptember 24, 2025 at 12:06 PM EDT
The Law Offices of Frank R. Cruz 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 May 6, 2025 and June 19, 2025, inclusive (the “Class Period”). KBR investors have until November 18, 2025 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON YOUR KBR, INC. (KBR) INVESTMENTS, CLICK HERE TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT. You can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@frankcruzlaw.com, by telephone at (310) 914-5007, or visit our website at www.frankcruzlaw.com. What Happened? On June 19, 2025, KBR’s joint venture, HomeSafe Alliance (“HomeSafe”) announced that it had received a notice from the U.S. Department of Defense’s Transportation Command (TRANSCOM) terminating its multibillion-dollar Household Goods contract “for cause due to [HomeSafe’s] demonstrated inability to fulfill their obligations and deliver high quality moves to Service members.” On this news, KBR’s stock price fell $3.85, or 7.3%, to close at $48.93 per share on June 20, 2025, thereby injuring investors. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Despite the knowledge that TRANSCOM had, for months, had material concerns with HomeSafe’s ability to fulfill the Global Household Goods Contract, Defendants claimed that the partnership was without issue, and would ramp up in future quarters; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Contact Us To Participate or Learn More: If you purchased KBR securities, wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please click HERE or contact us at:
Law Offices of Frank R. Cruz
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. View source version on businesswire.com: https://www.businesswire.com/news/home/20250924989780/en/ Law Offices of Frank R. Cruz Encourages KBR, Inc. (KBR) Investors To Inquire About Securities Fraud Class Action Contacts
Law Offices of Frank R. Cruz
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