An investor in NYSE:KBR shares filed a lawsuit over alleged violations of Federal Securities Laws by KBR, Inc..
Investors who purchased shares of KBR, Inc. (NYSE:KBR) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The plaintiff claims that between February 26, 2016 and April 27, 2017, the Defendants made false and/or misleading statements and/or failed to disclose that the Company’s United Kingdom (subsidiaries had violated applicable bribery and corruption laws, and that as a result of the foregoing, KBR’s public statements were materially false and misleading at all relevant times.
On April 28, 2017, the United Kingdom Serious Fraud Office announced that “it has opened an investigation into the activities of KBR, Inc’s United Kingdom subsidiaries, their officers, employees and agents for suspected offences of bribery and corruption.” It also stated that the “investigation is related to the SFO’s ongoing investigation into the activities of Unaoil.” Shares of KBR, Inc. (NYSE:KBR) closed on May 31, 2017, at $13.63 per share.
Those who purchased NYSE:KBR shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com