KBR, Inc. (KBR) Investigation

In November 2021, KBR announced that HomeSafe was awarded the contract under which HomeSafe became the exclusive household goods and move management service provider for the U.S. Armed Services, U.S. Department of Defense for civilians and their families.

The contract ceiling value was $20 billion with a potential 9-year term, inclusive of all options periods.

As recently as May 6, 2025, KBR management assured investors that:

• “[t]he HomeSafe-Transcom relationship is strong with a commitment on both sides to make this program successful[;]”
• “[t]he relationship with Transcom is excellent[;]”
• “feeling really good about where HomeSafe sits today[;]” and
• “we are very confident in the future of this program.”

Just a month and a half later, on June 19, 2025, the company’s assurances may have come into question when HomeSafe announced that TRANSCOM notified that the contract was terminated for cause due to the company's inability to fulfill its obligations and provide high-quality moves for service members. The DOD’s decision reportedly came after months of widespread issues with the contract, including delays, missed pickups, and damaged items.

Further, contrary to KBR’s May assurances, HomeSafe also revealed that it had been working with TRANSCOM “for several months to address government delays, obstacles and commercial challenges.”

This news sent the price of KBR shares down $3.85 (-7.3%) on June 20, 2025.

FREQUENTLY ASKED QUESTIONS ABOUT THE CASE

What is the KBR investigation about?

We are investigating whether KBR may have misled investors about the true status of the relationship with TRANSCOM and the contract.

WHAT SHOULD I DO?

I worked at KBR. What should I do?

If you were an employee of KBR, you may have valuable information that could be relevant to the investigation. Hagens Berman is one of the nation’s top whistleblower law firms, and has successfully represented many individuals who come forward with information regarding corporate malfeasance. Under the new SEC Whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, contact Reed Kathrein at 844-916-0895 or [email protected].

There are multiple law firms participating, do I need to contact all of them?

No, you do not need to contact all participating law firms. Generally, class-action investigations and lawsuits are consolidated into a single case to streamline the legal process, and attorneys from only a few law firms are selected to serve in a leadership role on the consolidated case. Hagens Berman has a proven track record of being appointed to leadership roles in complex, multidistrict litigation regarding investor fraud and other consumer rights issues, and your claim will be handled by attorneys who have helped secure approximately $325 billion in class-action settlements on behalf of individuals who have suffered due to corporate malfeasance and the wrongdoing of other powerful institutions.

AM I ELIGIBLE?

What is the threshold amount to be eligible? What are “substantial” losses?

The threshold amount and the definition of "substantial" losses may vary depending on a number of factors specific to the case, including the size of the company, market cap, shares outstanding and who holds them and the damages alleged by the fraud. In general, to be eligible to participate in a class-action lawsuit, you must be able to demonstrate that you suffered financial losses as a result of the alleged wrongdoing and that your losses meet the criteria set by the court or law firm. Fill out the form and submit your losses.

CAN I PARTICIPATE?

Am I affected? What do I need to do to participate?

If you were an investor in KBR, you may be affected and eligible to participate in the case. To determine your eligibility and potential involvement, fill out the form and submit your losses.

Can any KBR investor participate?

In most class-action investigations and cases, any investor who meets the eligibility criteria, including purchasing the shares during the relevant period, can participate, regardless of the size of their investment. Fill out the form to find out your rights.

I bought on a non-U.S. Exchange. Can I participate?

No. This investigation only covers shares bought on a U.S. exchange, i.e. NASDAQ or NYSE. Fill out the form to find out your rights.

Am I included if I still hold my shares, or do I need to sell to participate?

Participation is based on purchasing shares during the relevant period, rather than your current holdings. Accordingly, you do not need to sell to participate. Fill out the form to find out your rights.