The complaint filed against the NYSE-listed firm centers on claims that Primoris failed to maintain adequate cost estimation and project forecasting oversight. Specifically, the lawsuit alleges the company severely underestimated risks associated with its fixed-cost renewable energy projects, resulting in inaccurate public disclosures throughout the defined class period. Shareholders seeking to participate in the recovery effort have until September 21, 2026, to act.
Legal counsel for the action, DJS Law Group, notes that investors do not need to be appointed as lead plaintiffs to recover potential losses. The firm, headed by David J. Schwartz, specializes in securities litigation and corporate governance disputes. Interested parties may reach the Eastchester-based firm at 914-206-9742 for further guidance on the ongoing legal proceedings.
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