The lawsuit, Boston Retirement System v. Primoris Services Corp., claims the company and its executives concealed material issues, including significant cost overruns and project delays affecting six renewable energy sites. These omissions allegedly led to inflated financial guidance, specifically regarding 2026 Adjusted EPS, Adjusted EBITDA, and projected revenue for the renewables division.
Primoris Investors Face September Deadline for Securities Class Action
Investors who lost more than $100,000 in Primoris Services Corporation stock between August 2025 and June 2026 have until September 21 to file for lead plaintiff status. The class action, pending in the Northern District of Texas, centers on allegations that the company misled shareholders regarding its renewable energy segment.
Legal counsel from Kahn Swick & Foti, LLC is currently evaluating options for affected shareholders. Those interested in the case can submit applications or seek further information through the ClaimsFiler service portal before the court-mandated deadline.
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