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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KBR, Inc.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KBR, Inc.

Business Upturn

time3 days ago

  • Business
  • Business Upturn

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KBR, Inc.

NEW YORK, Aug. 09, 2025 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of KBR, Inc. ('KBR' or the 'Company') (NYSE: KBR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether KBR and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On June 20, 2025, KBR issued a press release announcing that 'HomeSafe Alliance, a KBR . . . Joint Venture, informed us on June 18, 2025, that U.S. Transportation Command (TRANSCOM) has terminated HomeSafe's role in the Global Household Goods Contract, a contract designed to improve the moving system for military service members and their families.' On this news, KBR's stock price fell $3.85 per share, or 7.29%, to close at $48.93 per share on June 20, 2025. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, London, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLP [email protected] 646-581-9980 ext. 7980

KBR Investor News: If You Have Suffered Losses in KBR, Inc. (NYSE: KBR), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
KBR Investor News: If You Have Suffered Losses in KBR, Inc. (NYSE: KBR), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

Business Upturn

time03-08-2025

  • Business
  • Business Upturn

KBR Investor News: If You Have Suffered Losses in KBR, Inc. (NYSE: KBR), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, Aug. 03, 2025 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of KBR, Inc. (NYSE: KBR) resulting from allegations that KBR may have issued materially misleading business information to the investing public. SO WHAT: If you purchased KBR securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. WHAT IS THIS ABOUT: On June, 20, 2025, before the market opened, KBR issued a press release entitled 'KBR Announcement on HomeSafe Alliance Global Household Goods Contract.' The press release stated that 'HomeSafe Alliance, a KBR (NYSE: KBR) Joint Venture, informed us on June 18, 2025, that U.S. Transportation Command (TRANSCOM) has terminated HomeSafe's role in the Global Household Goods Contract, a contract designed to improve the moving system for military service members and their families.' On this news, KBR's stock fell $3.85 per share, or 7.2%, to close at $48.93 per share on June 20, 2025. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. ——————————- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected]

Rosen Law Firm Encourages KBR, Inc. Investors to Inquire About Securities Class Action Investigation
Rosen Law Firm Encourages KBR, Inc. Investors to Inquire About Securities Class Action Investigation

Business Wire

time17-07-2025

  • Business
  • Business Wire

Rosen Law Firm Encourages KBR, Inc. Investors to Inquire About Securities Class Action Investigation

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of KBR, Inc. (NYSE: KBR) resulting from allegations that KBR may have issued materially misleading business information to the investing public. So What: If you purchased KBR securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@ for information on the class action. What is this about: On June, 20, 2025, before the market opened, KBR issued a press release entitled 'KBR Announcement on HomeSafe Alliance Global Household Goods Contract.' The press release stated that 'HomeSafe Alliance, a KBR (NYSE: KBR) Joint Venture, informed us on June 18, 2025, that U.S. Transportation Command (TRANSCOM) has terminated HomeSafe's role in the Global Household Goods Contract, a contract designed to improve the moving system for military service members and their families.' On this news, KBR stock fell $3.85 per share, or 7.2%, to close at $48.93 on June 20, 2025. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome.

HomeSafe Alliance Announces TRANSCOM's Notice to Terminate Global Household Goods Contract
HomeSafe Alliance Announces TRANSCOM's Notice to Terminate Global Household Goods Contract

Yahoo

time19-06-2025

  • Business
  • Yahoo

HomeSafe Alliance Announces TRANSCOM's Notice to Terminate Global Household Goods Contract

HOUSTON, June 19, 2025 /PRNewswire/ -- HomeSafe Alliance received on June 18, 2025, a notice from the U.S. Department of Defense's Transportation Command (TRANSCOM) terminating the Global Household Goods Contract, which HomeSafe won in 2021 to transform the military move system for the benefit of service members and their families. HomeSafe is confident it performed to the fullest extent possible considering the limitations placed on it. HomeSafe disagrees with TRANSCOM's justification for terminating the program. Though HomeSafe will be ceasing operations, it will first complete all moves currently in progress for service members and their families. "I'm incredibly proud of the work our team has done, and I'm confident that we were turning the tide on the antiquated and broken military move system that we inherited," said HomeSafe Alliance CEO Bobby Nicholson. "I'd like to thank our employees, who worked hard to transform the moving process for military service members and their families, and I'm grateful to those service members and their families for allowing us to serve them." TRANSCOM created the Global Household Goods Contract at the direction of Congress to modernize the military move system after years of complaints from service members, their families and veterans. HomeSafe has worked in good faith with TRANSCOM for several months to address government delays, obstacles and commercial challenges. Indeed, as of a few weeks ago, TRANSCOM and HomeSafe had reached an agreement to resolve these issues and move the program forward. HomeSafe is disappointed that it did not have the opportunity to engage with the Permanent Change of Station Joint Task Force prior to the contract being terminated without warning. From the program's start, HomeSafe also has faced staunch opposition from certain legacy movers. HomeSafe is considering all legal options available to it. View original content to download multimedia: SOURCE HomeSafe Alliance Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Pentagon targets fewer moves for troops to trim PCS costs
Pentagon targets fewer moves for troops to trim PCS costs

Yahoo

time30-05-2025

  • Business
  • Yahoo

Pentagon targets fewer moves for troops to trim PCS costs

Military members should be moving less frequently for greater stability — and to save taxpayers' dollars, according to defense officials who have set the process in motion for those reductions. In a memo announced Wednesday, Pentagon officials ordered the military service branches to cut in half the amount of money they spend on permanent change-of-station, or PCS, moves by fiscal 2030. DOD spends about $5 billion a year on these moves, which include the physical moves of household goods as well as allowances and other entitlements related to moving. The services are required to develop plans within four months to reduce the moves, so it's not yet clear how many actual moves will be cut to achieve those savings. Officials will target 'discretionary moves,' such as PCS moves within the United States, overseas and individual service member training travel. The services are directed to reduce these discretionary move budgets by 10% in fiscal year 2027, 30% in fiscal 2028, 40% in fiscal 2029 and 50% by fiscal 2030. The reductions will be based on the fiscal 2026 budget, adjusted for inflation. 'Lower-priority PCS moves should be reduced for service members and their families seeking greater geographic stability,' wrote Jules W. Hurst II, acting undersecretary of defense for personnel and readiness, in the memo. The services must determine which PCS moves 'are most critical to support operational requirements and key professional development,' he wrote. About 80% of DOD PCS moves are in the discretionary category and 20% in the mandatory category, said Tim Dill, acting deputy under secretary of defense for personnel and readiness, in a briefing to reporters. Reducing the frequency of moves will improve the quality of life for service members and their families, Dill said. Military families often face challenges related to making PCS moves every few years, ranging from issues with shipping their household goods to securing housing. Families also navigate disruptions in military spouses' employment, difficulty finding child care, children's school transitions and finding new providers for special needs family members. Do military families really need to move so much? Military advocates, including the nonprofit Military Family Advisory Network, have argued that the frequency of military moves must be evaluated. 'We have seen the intersection between the frequency of moves and key quality-of-life concerns ranging from food insecurity to loneliness,' said Shannon Razsadin, CEO of the nonprofit Military Family Advisory Network. 'We're encouraged by the immediate changes outlined by Secretary Hegseth,' Razsadin said, including the Pentagon's separate effort to temporarily increase the reimbursement rates for families moving themselves amid problems with the new Global Household Goods Contract. At times, Congress members have expressed interest in reducing the number of PCS moves. Various efforts within DOD have been made to study the issue, but no large-scale actions have been taken. Military officials have argued that the frequency of PCS moves is necessary to meet operational requirements and fill empty jobs. Hurst's memo also directs service officials to propose various career path changes for officers and noncommissioned officers in ways that promote geographic stability. The services are tasked with proposing changes that could allow some officers and NCOs 'to specialize in lieu of gaining generalized experience across a range of functions,' according to the memo. The services will consider how they can provide 'broadening opportunities and continuing leadership opportunities without the need for a PCS move,' Dill said. DOD isn't dictating to the services the way they should accomplish the changes, he said, and there will be room for discussion about whether the budget cuts are feasible during the time frame. 'We want them to come back and tell us if that seems like the right number for them,' Dill said. 'On top of being efficient from a fiscal perspective, the other goal of this policy … is to ensure that this works well for service members and their families.' The effort is not exclusive to service members with dependents, Dill said, and will not increase the burden on single service members. 'We understand that PCS moves affect everyone and so this is not a policy where we just think we need to take the moves away from the families and put it on someone else,' he said.

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