STEVENSON, Md., May 30, 2017 -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of Texas on behalf of purchasers of KBR, Inc. (NYSE:KBR) (“KBR” or the “Company”) securities during the period between February 26, 2016 through April 27, 2017, inclusive (the “Class Period”). Investors who wish to become proactively involved in the litigation have until July 3, 2017 to seek appointment as lead plaintiff.
If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in KBR securities during the Class Period. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action.
The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the defendants’ failure to disclose during the Class Period that KBR’s United Kingdom subsidiaries had violated applicable bribery and corruption laws.
According to the complaint, following an April 28, 2017 confirmation by the United Kingdom’s Serious Fraud Office that it was investigating the activities of KBR’s UK subsidiaries, their officers, employees and agents for suspected offences of bribery and corruption, the value of KBR shares declined significantly.
If you have suffered a loss in excess of $100,000 from investment in KBR securities purchased on or after February 26, 2016 and held through the revelation of negative information during and/or at the end of the Class Period and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentsecuritiescases.html. You may also request more information by contacting Brower Piven either by email at [email protected] or by telephone at (410) 415-6616. Brower Piven also encourages anyone with information regarding the Company’s conduct during the period in question to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s. If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice. You need take no action at this time to be a member of the class.
CONTACT: Charles J. Piven Brower Piven, A Professional Corporation 1925 Old Valley Road Stevenson, Maryland 21153 Telephone: 410-415-6616 [email protected]


SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate
Hyundai Motor Lets Russia Plant Buyback Option Expire Amid Ongoing Ukraine War
Boeing Secures New Labor Contract With Former Spirit AeroSystems Employees
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex
Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report
American Airlines Plans Return to Venezuela Flights After U.S. Lifts Ban
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services
Saks Global to End Saks on Amazon Partnership Amid Bankruptcy Restructuring
Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 



