Samsung Set to Begin HBM4 Production for Nvidia and AMD 
Shell Plc Downgraded by RBC as Market Headwinds Pressure Valuation 
SEC Drops Gemini Enforcement Case After Full Repayment to Earn Investors 
Trump Administration Takes Stake in USA Rare Earth to Boost U.S. Critical Minerals Supply 
Baker Hughes Reports 11% Rise in Q4 Adjusted Profit Driven by LNG Demand 
Hermès Menswear Marks Historic Transition as Véronique Nichanian Bids Farewell in Paris 
Intel Stock Slides Despite Earnings Beat as Weak Q1 Outlook Raises Concerns 
Exxon Mobil’s XTO Energy Explores Sale of Eagle Ford Shale Assets in South Texas 
LVMH Succession Uncertainty Raises Governance Concerns Among Shareholders 
ByteDance Finalizes Majority U.S.-Owned TikTok Joint Venture to Avert American Ban 
Tesla Plans FSD Subscription Price Hikes as Autonomous Capabilities Advance 
Winter Storm Triggers Widespread Flight Cancellations Across U.S. as Airlines Urge Travelers to Rebook 
Airbus CEO Warns Staff to Prepare for Rising Geopolitical Risks Amid Trade Tensions 
Trump Lawsuit Against JPMorgan Signals Rising Tensions Between Wall Street and the White House 
Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market 
LOS ANGELES, May 11, 2017 -- Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against KBR, Inc. (“KBR” or the “Company”) (NYSE:KBR) concerning possible violations of federal securities laws between February 26, 2016 and April 27, 2017 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to the July 3, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at [email protected].
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the Complaint, throughout the Class Period, KBR made false and/or misleading statements and/or failed to disclose that the Company’s United Kingdom subsidiaries violated applicable bribery and corruption laws. On April 28, 2017, the United Kingdom’s Serious Fraud Office confirmed that it had opened an investigation into the activities of KBR’s UK subsidiaries for suspected offenses of bribery and corruption. Upon release of this information, KBR shares fell in value materially, which caused investors harm according to the Complaint.
Lundin Law PC was established by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact: Lundin Law PC Brian Lundin, Esq. Telephone: 888-713-1033 Facsimile: 888-713-1125 [email protected] http://lundinlawpc.com/
