PRNewsWire
03 Aug 2026, 07:41 UTC · 1h ago
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The lawsuit claims Primoris failed to maintain effective cost estimation and oversight for fixed-cost renewable energy projects, leading to underestimated costs and risks. — Allegations of systemic operational failures and underestimation of costs in a key business segment suggest potential margin erosion or future write-downs.
-0.60Primoris Services Corporation (PRIM) is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934. — Securities litigation creates legal uncertainty and potential financial liabilities for the company.
-0.40Which stocks this story touches
The company is identified as the subject of a class action lawsuit for securities law violations.
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The company is identified as the subject of a class action lawsuit for securities law violations.
The company is facing a class action lawsuit alleging securities law violations and misleading statements regarding renewable energy project costs.
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