KBR KBR, INC.
Price Chart
Executive Summary
The Fifth Circuit affirmed denial of attorney fees to relator Conyers in his False Claims Act suit against KBR, ruling that a qui tam plaintiff must receive a share of settlement proceeds to recover fees. Since Conyers' claims were dropped and he received no share, KBR owes no fees. This ends a minor cost exposure from a long-running case.
Court Ruling Details
Actionable Insight
The ruling removes residual liability from this qui tam action. No material financial impact expected. Monitor for any potential Supreme Court petition, though unlikely.
Key Facts
- Fifth Circuit affirmed district court decision that Conyers is not entitled to attorney fees under 31 U.S.C. § 3730(d)(1) because he did not receive a relator's share of settlement proceeds.
- The underlying FCA claims by Conyers were dropped by the government; settlement of other claims totaled over $13 million.
- Ruling follows similar holdings in Bryant (6th Cir.) and Lovell (1st Cir.).
Financial Impact
KBR avoids paying attorney fees to Conyers; fee exposure was a small fraction of the $13 million settlement, immaterial relative to KBR's $4.4B market cap.
Risk Factors
- Low-probability appeal to Supreme Court
- Other pending or future qui tam cases against KBR
Market Snapshot
Documents Analyzed
This report is based on 1 court opinion from CourtListener.
| Document | Accession Number |
|---|---|
| COURT-RULING Data (Synthetic) | court-6bu6n8d6-KBR |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
5d ago
|
Press Release
| $35.20 awaiting T+1 | awaiting T+1 | — | $35.84 (+1.82%) |
|
Jun 3, 2026
11d ago
|
Press Release
| $35.73 $36.13 | ▲ +1.12% | ▲ +0.72% | $35.84 (+0.31%) |
|
May 28, 2026
17d ago
|
Press Release
| $34.44 $34.95 | ▲ +1.48% | ▲ +1.24% | $35.84 (+4.07%) |
|
May 21, 2026
24d ago
|
Insider Cluster
| $33.46 $33.52 | ▲ +0.18% | ▼ −0.41% | $35.84 (+7.11%) |
|
May 16, 2026
4w ago
|
Insider Cluster
| $32.24 $31.85 | ▼ −1.21% | ▼ −0.56% | $35.84 (+11.17%) |
|
May 14, 2026
4w ago
|
Press Release
| $30.88 $30.06 | ▼ −2.66% | ▼ −1.43% | $35.84 (+16.06%) |
|
May 7, 2026
5w ago
|
Court Ruling
| $33.20 $32.54 | ▼ −1.99% | ▼ −2.82% | $35.84 (+7.95%) |
|
May 5, 2026
5w ago
|
Press Release
| $36.58 $35.11 | ▼ −4.02% | ▼ −5.40% | $35.84 (−2.02%) |
|
May 4, 2026
5w ago
|
Press Release
| $38.67 $36.58 | ▼ −5.40% | ▼ −6.20% | $35.84 (−7.32%) |
|
Apr 27, 2026
6w ago
|
Press Release
| $35.29 $36.00 | ▲ +2.01% | ▲ +2.50% | $35.84 (+1.56%) |
US Market Status
Subscribe to SecBot
Get Real-Time Court Ruling Intelligence
Market-moving court rulings analyzed within minutes. Patent verdicts, antitrust decisions, class certifications, and more — parsed and scored by AI.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access