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News  ›  GlobeNewswire Inc.

KBR Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against KBR, Inc. - KBR

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Claimsfiler
KBR Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against KBR, Inc. - KBR

KBR faces a securities class action lawsuit after its joint venture HomeSafe had its Global Household Goods Contract terminated by the U.S. Department of Defense's Transportation Command, causing stock price decline.

Insights
DOW   positive

Recognized as a significant player in carbon capture materials market with potential for technological innovation


KBR   negative

Stock price dropped 7.29% and 2.65% after contract termination, facing potential legal action for alleged failure to disclose material information during the specified class period