PRNewsWire
27 Jul 2026, 08:45 UTC · 2h ago
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The lawsuit claims Primoris failed to maintain effective cost estimation, project forecasting, and oversight for fixed-cost renewable energy projects. — Operational failures in cost estimation and forecasting suggest systemic risks to margins and potential future write-downs in the renewable energy segment.
-0.50Primoris Services Corporation (PRIM) is facing a securities class action lawsuit alleging false and misleading statements to the market. — Lawsuits alleging securities fraud create legal liability risks and can damage investor confidence in management's transparency.
-0.40Which stocks this story touches
The company is being sued for securities law violations.
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The company is being sued for violations of securities laws.
The company is facing a class action lawsuit alleging false and misleading statements regarding cost estimation for renewable energy projects.
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