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Primoris Services (PRIM) Facing Securities Class Action, Investors with Losses Encouraged to Contact Hagens Berman

GlobeNewswire Inc.·
Primoris Services (PRIM) Facing Securities Class Action, Investors with Losses Encouraged to Contact Hagens Berman

Hagens Berman has filed a securities class action lawsuit against Primoris Services Corporation and its executives for allegedly misleading investors about the company's project management capabilities on renewable energy projects. The lawsuit covers the period from August 5, 2025 to June 22, 2026, during which Primoris shares crashed 50% on May 6, 2026 and another 21% on June 23, 2026, erasing over $6 billion in market capitalization. The company allegedly concealed deficient estimating and forecasting processes that led to systematic underestimation of project costs across multiple solar projects.

Read Full Article at GlobeNewswire Inc.
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