A securities class action has been filed against Primoris Services Corporation on behalf of shareholders who purchased shares between August 5, 2025 and June 22, 2026. The lawsuit alleges the company made false or misleading statements about cost estimates and project controls on six renewable energy projects, and that risk disclosures failed to reflect already-materialized problems. Primoris shares fell 21.6 percent, or $23.39, to $84.95 after a June 22, 2026 business update that included reduced guidance and the resignation of its chief operating officer. The lead plaintiff deadline is September 21, 2026, and the case was filed in the United States District Court for the Northern District of Texas.
Primoris Services CorporationSecurities class action lawsuit alleging false disclosures about renewable energy projects, causing share drop and reduced guidance.