$PRIM

Primoris Services Corporation (PRIM) faces a securities fraud class action lawsuit over alleged misstatements about costs and risks of renewable energy projects. The class period is August 5, 2025, to June 22, 2026, with a lead plaintiff deadline of September 21, 2026. The lawsuit follows stock price declines tied to financial results and leadership changes.

Bragar Eagel & Squire, P.C. announced a class action lawsuit against Primoris Services Corporation (NYSE:PRIM) for alleged misstatements during August 5, 2025 to June 22, 2026. The firm claims Primoris understated project costs and risks, leading to stock price drops. Investors have until September 21, 2026 to apply for lead plaintiff status. Primoris reported Q1 2026 results below expectations and reduced EBITDA guidance to $480-$500 million. The stock fell 50.11% on May 6, 2026 and 21.6% on Ju

Primoris Services Corporation (PRIM) faces a class action lawsuit alleging misleading 2026 guidance. The company reduced Adjusted EPS from $5.80-$6.00 to $2.05-$2.60 and Adjusted EBITDA from $560M-$580M to $275M-$325M due to renewable energy project issues. PRIM shares dropped 21.6% on June 23, 2026. The lead plaintiff deadline is September 21, 2026.

A shareholder lawsuit was filed against Primoris Services (PRIM) in August 2026, alleging deficient cost controls and project oversight on renewable energy projects, leading to understated risks and cost overruns. The lawsuit focuses on Primoris' project risk management, a critical area for its business. The company cut its full-year net income guidance in June 2026, citing renewable project issues. Analysts have varying revenue and earnings forecasts for the company by 2029.

Primoris Services (PRIM) said Wellington Management Group and affiliates filed a Schedule 13G showing beneficial ownership of 4,675,487 shares, or 8.62% of Primoris common stock, as of June 30, 2026. The stake is held for advisory clients with shared voting and dispositive power; no single client is reported above 5%.

Hagens Berman urged Primoris (NYSE: PRIM) investors to contact the firm regarding a securities class action tied to alleged renewable project execution failures. The article cites Primoris Q2 2026 results: net loss of $24.2 million, revenue down 10.6% to $1.69 billion, and adjusted EBITDA of $11.4 million. It also alleges six projects caused about $200 million negative cash flow impact and that 2026 renewables revenue could fall 30%, wiping out $900 million in expected sales.

Kessler Topaz Meltzer & Check, LLP said a securities-fraud class action was filed against Primoris Services Corporation (NYSE: PRIM) for investors who bought PRIM common stock from Aug. 5, 2025 to Jun. 22, 2026. The suit alleges misstatements about costs and risks in fixed-price renewable projects. Lead plaintiff deadline is Sep. 21, 2026.

Simply Wall St reports Primoris Services (PRIM) is in focus after a quarterly net loss and a record $13.9b backlog. The company kept full-year earnings guidance but trimmed free cash flow expectations. The stock closed at $82.63, with a stated fair value of $128.79. The article cites PRIM’s renewables and battery storage demand tailwinds.

AP reports that apparel brands are expanding in-store repairs and mending workshops to attract Gen Z and support sustainability. Levi Strauss is rolling out its Wear Longer handstitching course across U.S. stores. Zara, Primark, Uniqlo and H&M are also offering resale and repair services. Analysts say economics and limited environmental impact remain challenges.

Primoris Services (NYSE:PRIM) reported Q2 earnings call highlights. Management said its renewables portfolio is within expectations, with some projects above and some below original margins, and six projects are the remediation focus. The company guided 2026 energy gross margins of 6% to 8%, maintained 2026 EPS of $1.30 to $1.85 (adjusted $2.05 to $2.60), but cut 2026 free cash flow to $150M to $200M. Backlog ended near $13.9B, up about $2.2B.