The lawsuit, Boston Retirement System v. Primoris Services Corp., claims the company and its executives concealed material issues, including significant cost overruns and project delays affecting six renewable energy sites. These omissions allegedly led to inflated financial guidance, specifically regarding 2026 Adjusted EPS, Adjusted EBITDA, and projected revenue for the renewables division.
Legal counsel from Kahn Swick & Foti, LLC is currently evaluating options for affected shareholders. Those interested in the case can submit applications or seek further information through the ClaimsFiler service portal before the court-mandated deadline.
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