PRIM INVESTOR ALERT: Primoris Services Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit

Investors in Primoris Services Corporation (NYSE: PRIM) who have experienced substantial losses have an opportunity to lead a securities class action lawsuit. The lawsuit, captioned Boston Retirement System v. Primoris Services Corporation, charges Primoris and certain executives with violations of the Securities Exchange Act of 1934. Purchasers or acquirers of Primoris common stock between August 5, 2025, and June 22, 2026, have until September 21, 2026, to seek appointment as lead plaintiff. The lawsuit alleges that defendants made false and/or misleading statements and failed to disclose deficiencies in Primoris' cost estimation, cost-to-complete forecasting, and project oversight processes for fixed-price renewable energy projects. This led to underestimated costs and risks, resulting in material cost overruns, execution problems, and schedule delays. Consequently, statements regarding the company's estimating processes, project execution, risk management, financial performance, and guidance lacked a reasonable basis and omitted material adverse facts. The complaint details negative stock reactions following announcements of increased costs on renewable energy projects, margin compression, reduced financial guidance, and executive departures.