This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

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v. Present participle of flounder.

"His attorneys claimed the FBI tipped the media to searches of Hatfill's home to deflect attention from what they characterize as a floundering anthrax investigation and violated Hatfill's privacy with 24-hour surveillance and wire taps."

floundered    floundering    flounders   

walk    fight    struggle    flatfish   

arctic flounder    starry flounder    peacock flounder    four-spotted flounder    eel-back flounder   

floundered    floundering   

flounce   

bounder    cofounder    founder    grounder    pounder