Primoris investors face Sept. 21 deadline to seek lead-plaintiff status

By Atlas Watchline Staff · Legal · August 27, 2026

Glancy Prongay Wolke & Rotter LLP said Primoris Services Corporation investors who say they lost money may apply to lead a securities fraud class action by Sept. 21, 2026.

Glancy Prongay Wolke & Rotter LLP said investors who lost money in Primoris Services Corporation may apply to lead a securities fraud class action before a Sept. 21, 2026, deadline.

The notice, issued Aug. 27, says the lawsuit concerns Primoris, which trades under the ticker PRIM. It says the complaint covers purchases made from Aug. 5, 2025, through June 22, 2026.

The release says no class has been certified yet and that investors may retain counsel of their choice or take no action and remain absent class members.

According to the notice, the complaint alleges defendants made materially false or misleading statements and failed to disclose adverse facts about Primoris' business, operations and prospects. It says the allegations involve deficient cost estimation, cost-to-complete forecasting and project oversight processes, along with unreliable estimates of costs and expected profitability on significant fixed-price renewable energy projects.

The notice also says the complaint alleges Primoris systematically underestimated costs and risks on projects that were facing cost overruns, execution problems and schedule delays. It says statements about the company's business, operations and prospects were therefore misleading or lacked a reasonable basis.

The release does not include a response from Primoris. It says investors with losses may seek to be appointed lead plaintiff, a role that can help guide the case on behalf of the class.

Investors who wish to pursue lead-plaintiff status must do so by the deadline stated in the notice. The release also provides contact information for Glancy Prongay Wolke & Rotter LLP in Los Angeles.

Sources

• PR Newswire: Primoris Services Corporation shareholders who lost money have opportunity to lead securities fraud lawsuit

Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.

This is the AMP version of the article. Read the full article on Atlas Watchline.