Johnson Fistel, PLLP Begins Investigation on Behalf of Long-Term Shareholders of KBR, Inc. (KBR)
Johnson Fistel, PLLP is investigating potential claims on behalf of current, long-term shareholders of KBR, Inc. (NYSE: KBR) against certain of their officers and directors for alleged breaches of fiduciary duty. Shareholders who have held shares continuously since prior to the dates listed below may have standing to seek corporate governance reforms focused on executive oversight, the return of funds to the Company, and a court-approved incentive award, at no cost to them.
If you have held KBR shares continuously since prior to May 6, 2025, you may have standing to seek corporate governance reforms focused on executive oversight at KBR.
To learn more, contact Johnson Fistel, PLLP at jimb@johnsonfistel.com or (619) 814-4471.
Complaint Allegations
A previously filed securities class action complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that, despite having knowledge that the U.S. Department of Defense’s Transportation Command had expressed material concerns for months regarding HomeSafe’s ability to perform under the Global Household Goods Contract, Defendants publicly represented that the partnership was proceeding as planned and would ramp in future quarters. According to the complaint, these statements lacked a reasonable basis and rendered Defendants’ representations regarding KBR’s business, operations, and prospects materially false or misleading.