Pomerantz LLP Moves Forward with Class Action Litigation Against KBR, Inc. – KBR

Acceswire
2025.10.24 16:59
portai
I'm PortAI, I can summarize articles.

Pomerantz LLP has initiated a class action lawsuit against KBR, Inc. concerning allegations of securities fraud and unlawful business practices. Investors who purchased KBR securities during the Class Period can apply to be Lead Plaintiff by November 18, 2025. The lawsuit follows a significant stock price drop after KBR's joint venture, HomeSafe Alliance, lost a major contract with the U.S. Department of Defense, resulting in a 7.29% decline in KBR's stock on June 20, 2025.