Kahn Swick & Foti, LLC has notified investors in Primoris Services Corporation of a September 21, 2026 deadline to apply for lead plaintiff in a securities class action lawsuit. The lawsuit, filed in the United States District Court for the Northern District of Texas, seeks to recover losses for shareholders who purchased Primoris shares between August 5, 2025 and June 22, 2026. The complaint alleges that Primoris and certain executives failed to disclose material information, including substantial challenges, cost overruns, and project delays affecting six renewable energy projects. On June 22, 2026, the company reduced its full-year 2026 adjusted EPS guidance to $2.05 to $2.60, lowered adjusted EBITDA guidance to $275 million to $325 million, projected renewables revenue would decline to approximately $2.1 billion, and announced the resignation of its Chief Operating Officer, causing shares to fall 22% to $84.95 on June 23, 2026. Investors who suffered losses may contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3615 or via email at lewis.kahn@ksfcounsel.com.
Primoris Services CorporationLawsuit alleges failure to disclose cost overruns and project delays; company lowered guidance and COO resigned, causing 22% share drop.