PRIM Deadline Alert: SueWallSt Reminds Primoris Services Corporation (PRIM) Investors of Securities Class Action Deadline on September 21, 2026

SueWallSt notifies investors in Primoris Services Corporation (NYSE: PRIM) that a class action has been filed on behalf of shareholders who purchased securities between August 5, 2025 and June 22, 2026. PRIM fell $23.39 per share, or 21.6%, from $108.34 to $84.95 on June 23, 2026. The lead plaintiff deadline is September 21, 2026. The securities action alleges that Primoris reassured investors about disciplined bidding, estimating processes, project execution, and risk management while significant fixed-price renewable energy projects were allegedly experiencing cost overruns, delays, and margin pressure. The timeline begins with second-quarter 2025 results and continues through a sequence of 2026 disclosures. As claimed, the timeline shows how disclosures provided additional information about renewable energy project execution problems before the June 22, 2026 business update identified substantial challenges affecting six projects. August 5, 2025: Primoris discussed second-quarter results and allegedly emphasized disciplined bidding, project execution, and risk management for its Energy segment. February 23, 2026: Primoris disclosed increased costs on certain renewable energy projects, challenging soil conditions, and margin compression, followed by an approximately 8% decline to $151.92 on February 24, 2026. May 5, 2026: Primoris reported revenue and margin pressure, delayed project starts, weaker first-quarter results, and a reduced full-year 2026 EPS outlook, followed by a decline to $101.23 on May 6, 2026. June 8, 2026: Primoris announced the immediate departure of its President of Renewables, and Guggenheim Securities reportedly questioned whether the Company had fully scoped ongoing solar project challenges. June 22, 2026: Primoris announced an internal review, supported by an independent third-party industry expert, identified substantial cost overruns, project delays, and execution challenges affecting six renewable energy projects. The complaint contends that Primoris' financial guidance depended on reliable cost-to-complete forecasting because the Company used a cost-to-cost input method for long-term contracts. The action alleges that deficiencies in estimating and project oversight caused expected project costs to be understated and margin deterioration to be recognized later than it should have been. By June 22, 2026, Primoris had reduced 2026 Adjusted EPS guidance to $2.05 to $2.60 and Adjusted EBITDA guidance to $275 million to $325 million. The lawsuit alleges that the guidance reset represented the culmination of earlier disclosure failures involving renewable energy project costs and execution.