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


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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, 2014.

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 jlevi@zlk.com 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.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Press Releases