Primoris investors have until Sept. 21 to seek lead plaintiff role

  • Primoris investors can apply for lead plaintiff status in a federal securities class action.
  • September 21, 2026, is the deadline for investors to seek lead plaintiff appointment.
  • Primoris shares fell 50.11% after May guidance cuts and 21.6% after June disclosures.

Primoris Services Corporation investors who purchased shares from Aug. 5, 2025, through June 22, 2026, have until Sept. 21, 2026, to apply to serve as lead plaintiff in a securities class action in the United States District Court for the Northern District of Texas. The lawsuit alleges that Primoris and certain executives failed to disclose deficient cost-estimation and project-oversight processes, cost overruns, execution problems and delays affecting significant fixed-price renewable-energy projects. The complaint also alleges that the company’s statements about project execution, risk management, financial performance and 2026 guidance lacked a reasonable basis, including allegedly overstated Adjusted EPS, Adjusted EBITDA and Renewables revenue projections. Primoris cut its full-year 2026 adjusted EBITDA guidance on May 5 from $560 million-$580 million to $480 million-$500 million, sending the stock down 50.11% the next day. On June 22, the company disclosed the departure of its Chief Operating Officer, additional outlook reductions and cost overruns and delays involving six projects; shares fell 21.6% that day. Bragar Eagel & Squire is offering investors a free consultation about their legal options, while ClaimsFiler and Kahn Swick & Foti, LLC have also provided information about the case.

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