Kehoe Law Firm, P.C. and its co-counsel successfully secured a derivative settlement with the Fluor Corporation (“Fluor’” or the “Company”) individual Defendants.  Under the deal, Fluor will adopt and maintain a set of management and board-level measures addressing project and risk management and oversight and performance-based compensation safeguards for at least four years.

The deal also requires the Company to allocate funding for the reforms, which are estimated to be approximately $10 million over the four years.  The reforms, taken together, will reduce the chances that Fluor and its stockholders will suffer a loss of investor confidence and legal exposure moving forward; enhance the value of the Company through improved project and risk management, oversight, and decision-making; and help boost investor confidence in the integrity of the Company’s management and the effectiveness of its governance and oversight regime.

Michael Yarnoff, a Partner at Kehoe Law Firm, emphasized the importance of the measures secured in the settlement, stating, “Fluor’s reforms will help protect the Company from future liability and will strengthen Fluor’s overall commitment to better corporate governance and oversight.”

Questions About the Fluor Settlement?

Investors interested in learning more about the lawsuit and settlement can send us a message or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].

ABOUT KEHOE LAW FIRM, P.C.

Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.

Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.

Kehoe Law Firm’s class action services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.

PHONE

Tel: 215-792-6676

EMAIL

[email protected]

Kehoe Law Firm, P.C. (“KLF”) is pleased to announce a $2.6 million proposed partial settlement was reached with former executives of Trident Acquisition Corp. (“Trident”), the SPAC that merged with Lottery.com.

The agreement resolves class action claims that the 2021 go-public transaction misrepresented the company’s operations and value, leading to steep losses for public investors. The case, pending in the Delaware Court of Chancery, alleged that insiders secured massive profits while ordinary shareholders faced devastating losses.

“This settlement is a meaningful step toward accountability,” said Michael Yarnoff, Esq., a partner at KLF. “It provides immediate relief to affected investors and strengthens our ability to pursue remaining claims against other key parties involved in this transaction.”

The proposed resolution benefits all Trident common stockholders who held shares during the critical period leading up to the consummation of the merger.

The case remains active against other defendants, such as certain former executives of Lottery.com and Chardan Capital Markets LLC. 

Questions About the Settlement?

Investors interested in learning more about the lawsuit and the partial settlement can send us a message or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].

ABOUT KEHOE LAW FIRM, P.C.

Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.

Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.

Kehoe Law Firm’s class action services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.

PHONE

Tel: 215-792-6676

EMAIL

[email protected]

Kehoe Law Firm, P.C. is informing investors that on March 17, 2025, Kehoe Law Firm, P.C. and co-counsel filed a class action lawsuit in United States District Court for the Northern District of Illinois (Case No. 1:25-cv-02802) on behalf of shareholder Jacob A. Smith against bluebird bio, Inc. (“bluebird bio”) (NASDAQ:BLUE), its CEO, certain directors, Carlyle Group, Inc., and SK Capital Partners, L.P.

The bluebird bio class action lawsuit alleges that these entities entered into an agreement and plan of merger that inadequately valued bluebird bio shares, and that the bluebird bio defendants filed a materially incomplete Tender Offer Statement and Recommendation Statement.

The class action seeks to enjoin the bluebird bio defendants from closing the Tender Offer or taking any steps to consummate the transaction, unless and until additional material information is disclosed to bluebird bio’s shareholders.

The bluebird bio class action complaint further seeks that in the event the transaction is consummated, bluebird bio stockholders can recover monetary damages from the defendants for violations of the securities laws.

“We believe this merger is unfair to bluebird shareholders and look forward to opposing this proposed deal in court,” said Michael Yarnoff, Partner at Kehoe Law Firm.

Questions About the bluebird bio Class Action?

Investors of bluebird bio interested in learning more about the lawsuit can send us a message or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].

ABOUT KEHOE LAW FIRM, P.C.

Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.

Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.

Kehoe Law Firm’s class action services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.

PHONE

Tel: 215-792-6676

EMAIL

[email protected]

Kehoe Law Firm, P.C., representing Lead Plaintff Humberto Lozada, is pleased to announce that TaskUs, Inc. has agreed to a $17.5 million settlement to resolve a securities class action lawsuit.

The lawsuit, Lozada v. TaskUs, Inc. et al. (No. 22-cv-1479-JPC), filed in United States District Court for the Southern District of New York, alleged that TaskUs’ IPO registration statement, along with its Q2 and Q3 2021 earnings calls, contained materially false and misleading information in violation of federal securities laws. Investors suffered financial losses following the disclosure of adverse information about the company.

TaskUs Securities Class Action Settlement Details

On February 24, 2025, TaskUs entered into a Stipulation and Agreement of Settlement to resolve the litigation for an all cash amount of $17.5 million.

“This settlement represents a significant victory for investors and shareholders affected by TaskUs’ alleged misstatements,” said Michael Yarnoff, partner at Kehoe Law Firm. “By securing a $17.5 million resolution, we have provided a path for investors to recover losses while reinforcing the critical need for transparency in the financial markets. Our firm remains committed to protecting investor rights and ensuring corporate accountability”.

Questions About the Class Action Settlement?

TaskUs investors who have questions about the class action settlement are encouraged to send us a message or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].

About Kehoe Law Firm, P.C. 

Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors. We litigate securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.

Kehoe Law Firm’s legal services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.

PHONE

Tel: 215-792-6676

EMAIL

[email protected]