Deadline Approaches for Primoris Services Class Action Lawsuit: Important Information for Investors

Significant Legal Notice for Primoris Services Corporation Investors

In a recent announcement, Kahn Swick & Foti, LLC (KSF), along with former Louisiana Attorney General Charles C. Foti, Jr., has alerted investors regarding a class action lawsuit against Primoris Services Corporation, trading on NYSE under the ticker PRIM. This alert also serves as a notification for all affected investors to act before the impending deadline on September 21, 2026.

What is the Lawsuit About?

The class action is aimed at reclaiming losses for those who bought shares in Primoris between August 5, 2025, and June 22, 2026. The recent performance of Primoris, particularly as it faced significant operational challenges, has raised serious concerns among its investors. Allegations detail that the company failed to disclose crucial information regarding its operations leading to adverse effects on its stock price.

The lawsuit primarily targets the circumstances surrounding the downfall of the company’s financial situation. Reports indicate that on June 22, 2026, after carrying out an internal review supported by a third-party expert, Primoris revealed a confluence of issues regarding six of its renewable energy projects. These included severe cost overruns and considerable project delays that culminated in lowering their guidance for both Adjusted EPS and Adjusted EBITDA for the entire year of 2026.

Impact of the Announcement

Following this disclosure, investors witnessed a staggering 22% decline in the stock price, with shares closing at approximately $84.95 per share as of June 23, 2026. Such a rapid drop further underscores the importance of transparency and accountability for publicly traded companies.