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Kohut v. KBR et al
Case Number:
4:14-cv-01287
Court:
Nature of Suit:
Judge:
Firms
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April 10, 2017
KBR To Shell Out $10.5M In Deal With Investors Over Losses
A Texas federal judge on Monday granted preliminary approval to a $10.5 million settlement between KBR Inc. and a certified class of shareholders accusing the engineering and construction services company of committing securities fraud by overstating its earnings.
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September 04, 2015
Fraud Suit Tied To KBR Energy Contracts Beats Dismissal Bid
A Houston federal judge refused Thursday to toss a fraud class action against KBR Inc., finding that executives bragged about the performance Canadian of oil and gas construction contracts even though they knew they were not in possession of proper information that would have justified their cost estimates.
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January 26, 2015
Investors Reject KBR Claims In Earnings Fraud Class Action
A group of investors on Friday urged a Texas federal judge to deny KBR Inc.'s bid to nix a class action alleging securities fraud over its restated 2013 earnings, rejecting the contractor's claim that it did not intentionally mislead investors.
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December 08, 2014
KBR Seeks Toss Of Class Action Alleging Overstated Earnings
KBR Inc. asked a Texas federal court on Friday to dismiss a consolidated class action complaint alleging securities fraud, saying its restatement of 2013 earnings does not qualify as fraud and that plaintiffs failed to prove intent to mislead investors.
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May 12, 2014
KBR Overstated 2013 Earnings, Investors Say
Global engineering and construction company KBR Inc. was hit with a proposed class action Friday in Texas federal court accusing it of misleading investors by overstating its earnings in a recent filing with the U.S. Securities and Exchange Commission.