Fluor Shareholder Sues Board, Executives After Record Stock Drop

Fluor Corp. leadership downplayed the threat of economic uncertainty to customer spending and hid rising costs in construction projects before revealing disappointing second quarter of 2025 financial results, a stockholder lawsuit said.

And Executive Chairman David Constable netted about $6 million off of insider stock sales in the months before a record stock drop on the financial news, the shareholder derivative complaint filed Thursday said.

Fluor’s stock price plummeted 27% to close at $41.42 Aug. 1—its biggest one-day drop since it starting trading in 2000 after its spin-off, according to data compiled by Bloomberg.

That morning, Fluor announced second quarter ...