|[July 07, 2014]
DEADLINE TOMORROW: Levi & Korsinsky, LLP Reminds Investors of Class Action against KBR, Inc. and Its Board of Directors and a Lead Plaintiff Deadline of July 8, 2014 -- KBR
NEW YORK --(Business Wire)--
Levi & Korsinsky announces that a class action lawsuit has been
commenced in the United States District Court for the Southern District
of Texas on behalf of investors who purchased KBR, Inc. ("KBR" or the
"Company") (NYSE:KBR) common stock between April 25, 2013 and May 5,
For more information, click here: http://zlk.9nl.com/kbr-kbr.
The complaint alleges that throughout the Class Period defendants
misrepresented and/or failed to disclose that: (a) the Company had
improperly estimated costs to complete certain contracts;(b) the
Company's revenue and financial results were overstated as a result of
accounting errors in its timing of recognition of revenues and from
understating its income tax provision; (c) the Company's financial
statements were not prepared in accordance with Generally Accepted
Accounting Principles (GAAP); and (d) the Company lacked adequate
internal and financial controls.
If you suffered a loss in KBR you have until July 8, 2014 to request
that the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn't require that you serve as a lead plaintiff. To
obtain additional information, contact Joseph E. Levi, Esq. either via
email at firstname.lastname@example.org or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/kbr-kbr.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
[ Back To TMCnet.com's Homepage ]