Pomerantz Investigates AECOM Securities Fraud
Analysis based on 12 articles · First reported Jun 09, 2026 · Last updated Jun 25, 2026
The market reacted negatively to AECOM's financial disclosures, causing its stock price to fall by 12%. The ongoing investigation by Pomerantz LLP could lead to further legal and financial repercussions for AECOM, potentially impacting investor confidence in the engineering and construction sectors.
Pomerantz LLP is investigating AECOM for alleged securities fraud and unlawful business practices. This follows AECOM's announcement of its second quarter fiscal 2026 results, which included a 98% year-over-year decrease in quarterly operating cash flow and a negative adjusted free cash flow. Gaurav Kapur, AECOM's CFO, attributed these issues to longer-than-anticipated claim resolution on projects from fiscal years 2019 and 2020. Additionally, AECOM's Form 10-Q revealed a significant increase in claims recorded in contract assets, from approximately $400 million to $680 million. These disclosures led to a 12% drop in AECOM's stock price.
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