Former California Deputy Attorney General and Special Counsel with Johnson Fistel Launches Investigation into Fluor Corporation (FLR)

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May 02, 2019, 10:57 ET

SAN DIEGO, May 2, 2019 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP with the assistance of former California Deputy Attorney General and Special Counsel, Tiffany Johnson, Esq., is investigating potential claims against Fluor Corporation ("Fluor") (NYSE: FLR) for violations of federal securities laws.

On May 2, 2019, Fluor reported a surprise adjusted loss that missed expectations for the first-quarter. The Company reported a net loss of $58 million, or $0.42 per diluted share, compared to a net loss of $18 million, or $0.13 per diluted share a year ago. Additionally, the Company announced that CEO David Seaton has stepped down. Following this news, Fluor stock was down over 25% in early morning trading on May 2, 2019.

If you have information that could assist in this investigation, including past employees and others, or if you are an Fluor shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ([email protected]) by email or phone at 619-814-4471. If emailing, please include a phone number.

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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]

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SOURCE Johnson Fistel, LLP