$PRIM

Primoris Services (NYSE: PRIM) faces a federal securities class action. According to the complaint, investors allege the infrastructure contractor misled about costs, risks, and profitability for fixed-price renewable energy projects. The lead-plaintiff deadline is Sept. 21, 2026. The suit covers shares bought Aug. 5, 2025 to June 22, 2026. PRIM shares fell sharply after disclosures and closed Aug. 14 at $83.30.

Fashion retailers are expanding in-store repair and mending programs to attract Gen Z and support sustainability. Levi Strauss is rolling out its Wear Longer handstitching course across U.S. stores. Primark runs free “Love It For Longer” workshops and tested repairs in the U.K. Uniqlo offers aftercare services. H&M says economics favor new production and backs tax incentives for repairs and resale.

Hagens Berman said Primoris Services (NYSE: PRIM) Q2 2026 results and an earnings call expanded a securities class action tied to alleged renewable project execution failures. Primoris reported a net loss of $24.2 million, revenue down 10.6% to $1.69 billion, and adjusted EBITDA of $11.4 million. The firm cites alleged misstatements and a June 22 disclosure projecting 2026 renewables revenue down 30% and $900 million in sales.

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.

Hagens Berman said Primoris (NYSE: PRIM) Q2 2026 results and an earnings call have expanded a securities class action tied to alleged renewable project execution issues. Primoris reported a net loss of $24.2 million, revenue down 10.6% to $1.69 billion, and adjusted EBITDA of $11.4 million. The firm cites a $200 million negative cash flow impact and a June 22 update projecting 2026 renewables revenue down 30% and $900 million in expected sales.