Pomerantz Law Firm Files Class Action Against Everus Construction Group on Behalf of Investors
On June 1, 2025, the Pomerantz Law Firm announced the initiation of a class action lawsuit against Everus Construction Group, Inc., trading on the NYSE under the ticker ECG. Investors who have suffered financial losses related to their investments in Everus are being encouraged to participate in this collective legal effort.
Pomerantz LLP, a national law firm known for its focus on securities and class action litigation, is seeking to hold Everus accountable for potential securities fraud and other unlawful business activities. Interested investors are advised to reach out to Danielle Peyton via email at [email protected] or call 646-581-9980. Inquiries via email should include pertinent contact information and details about their share purchases.
The lawsuit centers around events that transpired following Everus's fourth quarter and full-year financial disclosure on February 11, 2025. During this announcement, the company reported that the size and complexity of projects in its backlog had increased significantly. As a result, they anticipated a longer timeline for converting these backlogs into revenue. This shift has prompted Everus to project its expected revenue for the year to fall within a range of $3.0 billion to $3.1 billion, alongside an expected EBITDA of $210 million to $225 million.
This news had a dramatic impact on Everus’s stock, which plummeted by 27.6%, dropping from $68.42 to $49.54 in just two trading sessions following the announcement. Investors who acquired shares within the specific Class Period are being advised that they have until June 4, 2025, to apply for Lead Plaintiff status in the lawsuit. A copy of the detailed Complaint can be accessed through Pomerantz's official website.
Pomerantz LLP has a storied history dating back over 85 years, with a revered reputation in corporate and securities class action lawsuits. Founded by Abraham L. Pomerantz, a pioneer in the field, the firm has amassed numerous multimillion-dollar verdicts and settlements in favor of its clients. Given their expertise and successful track record, investors may find solace in the diligent efforts and advocacy provided by the firm.
For Everus investors facing uncertainty due to these recent developments, engaging with the Pomerantz Law Firm could potentially be a path towards recuperating losses faced as a result of alleged corporate misconduct.
As with any legal proceeding, it is essential for affected individuals to act promptly to secure their positions. The firm is committed to protecting the rights of investors and aims to deliver justice to those who may have been wronged in the financial markets.
With many eyes on the developments surrounding Everus, this class action represents a significant opportunity for investors to collectively seek accountability as they navigate the complex arena of corporate investments and legal rights.
Pomerantz LLP, a national law firm known for its focus on securities and class action litigation, is seeking to hold Everus accountable for potential securities fraud and other unlawful business activities. Interested investors are advised to reach out to Danielle Peyton via email at [email protected] or call 646-581-9980. Inquiries via email should include pertinent contact information and details about their share purchases.
The lawsuit centers around events that transpired following Everus's fourth quarter and full-year financial disclosure on February 11, 2025. During this announcement, the company reported that the size and complexity of projects in its backlog had increased significantly. As a result, they anticipated a longer timeline for converting these backlogs into revenue. This shift has prompted Everus to project its expected revenue for the year to fall within a range of $3.0 billion to $3.1 billion, alongside an expected EBITDA of $210 million to $225 million.
This news had a dramatic impact on Everus’s stock, which plummeted by 27.6%, dropping from $68.42 to $49.54 in just two trading sessions following the announcement. Investors who acquired shares within the specific Class Period are being advised that they have until June 4, 2025, to apply for Lead Plaintiff status in the lawsuit. A copy of the detailed Complaint can be accessed through Pomerantz's official website.
Pomerantz LLP has a storied history dating back over 85 years, with a revered reputation in corporate and securities class action lawsuits. Founded by Abraham L. Pomerantz, a pioneer in the field, the firm has amassed numerous multimillion-dollar verdicts and settlements in favor of its clients. Given their expertise and successful track record, investors may find solace in the diligent efforts and advocacy provided by the firm.
For Everus investors facing uncertainty due to these recent developments, engaging with the Pomerantz Law Firm could potentially be a path towards recuperating losses faced as a result of alleged corporate misconduct.
As with any legal proceeding, it is essential for affected individuals to act promptly to secure their positions. The firm is committed to protecting the rights of investors and aims to deliver justice to those who may have been wronged in the financial markets.
With many eyes on the developments surrounding Everus, this class action represents a significant opportunity for investors to collectively seek accountability as they navigate the complex arena of corporate investments and legal rights.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.