backlog misstatement

1 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Levi & Korsinsky, Llp

BW Faces Securities Fraud Lawsuit Over Inflated Pipeline Claims

Babcock & Wilcox faces securities fraud lawsuit alleging it overstated a $2.4B contract representing 86% of backlog with high termination risk. Stock fell 11.59% following March 2026 disclosure.
BWBWNBBWpAsecurities fraudclass action lawsuit