ClaimsFiler says Primoris investors face Sept. 21 lead plaintiff deadline in Texas suit
ClaimsFiler said Primoris Services investors who bought shares during a class period that began Aug. 5, 2025, and ended June 22, 2026, have until Sept. 21, 2026, to seek lead plaintiff status in a pending securities class action.
ClaimsFiler said investors in Primoris Services Corp. who bought shares between Aug. 5, 2025, and June 22, 2026, have until Sept. 21, 2026, to ask a federal court in Texas to appoint them lead plaintiff in a pending securities class action.
ClaimsFiler’s release said the action is pending in the U.S. District Court for the Northern District of Texas under the caption Boston Retirement System v. Primoris Services Corp., No. 26-cv-02416.
According to the PR Newswire item, the complaint alleges that Primoris and certain executives failed to disclose material information during the class period. The release says the allegations center on the company’s renewable energy segment, including substantial challenges, cost overruns and project delays across six projects.
The release also says the complaint alleges Primoris overstated full-year 2026 adjusted earnings per share guidance, adjusted EBITDA guidance and projected 2026 renewables revenue. It adds that positive statements about the company’s business, operations and prospects were materially misleading or lacked a reasonable basis.
ClaimsFiler described itself as a free shareholder information service in the release. It also said investors can contact the firm for information about the case and noted that Kahn Swick & Foti, LLC lawyers are available to discuss legal options.
The source material does not include a response from Primoris.
Investors covered by the alleged class period who want to seek appointment would need to act by Sept. 21, 2026, according to the release.
Sources
Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
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