Case Summary
KBR
NYSE: KBR
Case Details
- Norrman v. KBR, Inc. et al.
- Class Period:May 6, 2025 - June 19, 2025
- Date Filed:September 19, 2025
- Jurisdiction:U.S. District Court, Southern District of Texas
- Docket Number: 4:25-cv-04464
- Lead Plaintiff Deadline: November 18, 2025
Seek Plaintiff 54
Overview
A class action lawsuit has been filed against KBR, Inc. (“KBR” or the “Company”) and certain of the Company’s former senior executive officers alleging violations of the federal securities laws. The Company’s securities trade on the New York Stock Exchange (the “NYSE”) under the ticker symbol “KBR.”
The KBR class action lawsuit was brought on behalf of all persons and entities who purchased or otherwise acquired publicly traded KBR securities between May 6, 2025 and June 19, 2025, both dates inclusive, (the “Class Period”).
KBR states that delivers science, technology and engineering solutions to governments and companies around the world. Pertinent to this action is HomeSafe Alliance (“HomeSafe”), a KBR joint venture in which KBR has a 72% economic interest. Prior to the Class Period, HomeSafe had been awarded the Global Household Goods Contract by the U.S. Department of Defense’s Transportation Command (“TRANSCOM”), which helps U.S. military service members and their families relocate.
The lawsuit alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (1) Despite the knowledge that the U.S. Department of Defense’s Transportation Command (TRANSCOM) had, for months, material concerns with HomeSafe’s ability to fulfill the Global Household Goods Contract, defendants claimed that the partnership was without issue, and would ramp up in future quarters; and (2) as a result, defendants statements about KBR’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
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If you purchased or otherwise acquired publicly traded KBR securities between May 6, 2025 and June 19, 2025, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page.
You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at investors@dicellolevitt.com.
The deadline to apply to the Court to serve as lead plaintiff in the KBR class action lawsuit is November 18, 2025.