Important Notice for Primoris Investors: Class Action Application Deadline Approaches

Attention Primoris Investors

In a significant update for investors of Primoris Services Corporation, Kahn Swick & Foti, LLC (KSF) has announced an impending deadline for a class action lawsuit application. This notification, provided by KSF and prominent attorney Charles C. Foti, Jr., highlights the need for affected investors to act swiftly as the deadline is set for September 21, 2026.

Background on the Lawsuit

The class action seeks to address grievances from investors who experienced financial loss after purchasing shares of Primoris between August 5, 2025, and June 22, 2026. During this timeframe, the company allegedly failed to disclose critical information, leading to significant stock price declines. According to the complaint lodged in the United States District Court for the Northern District of Texas, several executives at Primoris are being scrutinized for their roles in this matter.

On June 22, 2026, the company revealed substantial challenges regarding six renewable energy projects, leading to project delays and cost overruns. These disclosures drastically altered investor sentiment and resulted in a staggering 22% drop in Primoris' stock price on June 23, landing at $84.95 per share. This downturn was exacerbated by a lowered guidance for earnings and significant executive departures, heightening investor concerns.

Specific Allegations

Primoris, alongside its executives, is charged with violating federal securities laws by withholding important information that would influence investor decisions. The lawsuit underscores a breach of trust and transparency that investors expect from publicly traded companies, emphasizing the critical nature of accurate disclosures in the corporate realm.

Participation in the Class Action

Investors who suffered losses during the specific period are encouraged to reach out for assistance with joining the class action. You do not need to serve as a lead plaintiff to participate in any recovery. To initiate the process, potential plaintiffs can contact KSF Managing Partner Lewis Kahn via phone (1-833-538-3666) or email (email protected]). For more information, visit [Kahn Swick's official case page.

Each claimant must ensure their application is submitted before the approaching deadline of September 21, 2026. Acting promptly is crucial as investors will want to secure their lot in the ongoing proceedings surrounding the allegations against Primoris.

Kahn Swick & Foti, LLC Overview

Kahn Swick & Foti is recognized as a leading firm specializing in securities litigation, particularly in representing investors against corporate fraud. KSF has a notable track record, having been ranked among the top 10 plaintiff law firms nationally. With offices across multiple states and expertise in representing a diverse client base, KSF strives to advocate for victims of corporate malpractice effectively.

For individuals looking to obtain justice and financial recovery for losses sustained from their investments in Primoris Services, now is the time to act. Do not miss out on your chance to participate in this class action lawsuit that may provide the necessary remedy for affected shareholders.