{"id":25809,"date":"2026-06-24T21:00:00","date_gmt":"2026-06-24T19:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=75a2436084bdb563dfadd12c8f792b3e"},"modified":"2026-06-24T21:00:00","modified_gmt":"2026-06-24T19:00:00","slug":"securities-fraud-investigation-into-primoris-services-corporation-prim-announced-shareholders-who-lost-money-urged-to-contact-glancy-prongay-wolke-rotter-llp-a-leading-securiti","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=25809","title":{"rendered":"Securities Fraud Investigation Into Primoris Services Corporation (PRIM) Announced \u2013 Shareholders Who Lost Money Urged To Contact\u00a0Glancy Prongay Wolke &amp; Rotter LLP, a Leading Securities Fraud Law Firm"},"content":{"rendered":"<p>LOS ANGELES--(BUSINESS WIRE)--<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.glancylaw.com%2F&amp;esheet=54559338&amp;newsitemid=20260624892012&amp;lan=en-US&amp;anchor=Glancy+Prongay+Wolke+%26+Rotter+LLP&amp;index=81&amp;md5=d702c3339b6a975d51016b976efc85f3\" rel=\"nofollow\" shape=\"rect\">Glancy Prongay Wolke &amp; Rotter LLP<\/a>, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Primoris Services Corporation (\u201cPrimoris\u201d or the \u201cCompany\u201d) (NYSE: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2Fprim&amp;esheet=54559338&amp;newsitemid=20260624892012&amp;lan=en-US&amp;anchor=PRIM&amp;index=82&amp;md5=798feb75621e3b1ae6b3a67d4934fdc0\" rel=\"nofollow\" shape=\"rect\">PRIM<\/a>) investors concerning the Company\u2019s possible violations of the federal securities laws.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260624892012\/en\/2705227\/5\/Glancy_Logo_Blue.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260624892012\/en\/2705227\/22\/Glancy_Logo_Blue.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260624892012\/en\/2705227\/5\/Glancy_Logo_Blue.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260624892012\/en\/2705227\/21\/Glancy_Logo_Blue.jpg\" \/><\/a><p class=\"bwalignc\"><b>IF YOU ARE AN INVESTOR WHO LOST MONEY ON PRIMORIS SERVICES CORPORATION (PRIM), CLICK <\/b><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.glancylaw.com%2Fcases%2FPrimoris-Services-Corporation%2F&amp;esheet=54559338&amp;newsitemid=20260624892012&amp;lan=en-US&amp;anchor=HERE&amp;index=83&amp;md5=711086fcf37cf9451bb2f13ec0841e77\" rel=\"nofollow\" shape=\"rect\"><b>HERE<\/b><\/a><b> TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.<\/b><\/p><p><b>What Happened?<\/b><\/p><p>On May 5, 2026, Primoris issued a press release reporting its financial results for the first quarter of 2026. Primoris reported results below analyst expectations and <i><b>slashed full-year adjusted EBITDA guidance<\/b><\/i> from $560-$580 million to $480-$500 million. Primoris attributed the reduction to lower renewable energy activity, delayed project starts, and increased costs on renewable energy projects.<\/p><p>On this news, Primoris's stock price fell $101.69 per share, or 50.11%, to close at $101.23 per share on May 6, 2026, thereby injuring investors.<\/p><p>Then, on June 22, 2026, Primoris revealed a series of business updates including the departure of its Chief Operating Officer and a further slash to its financial outlook for the full year of 2026, in part due to <i><b>\u201ccost overruns and delays\u201d related to six of the Company\u2019s projects.<\/b><\/i> The company also said it anticipates lower revenue and gross profit for full year 2026, primarily driven by lower expected revenue and gross profit in the renewables business, where it now sees full-year revenue at $2.1 billion to $3 billion.<\/p><p>On this news, Primoris\u2019s stock price fell $23.39, or 21.6%, to close at $84.95 per share on June 22, 2026, thereby injuring investors further.<\/p><p><b>Contact Us To Participate or Learn More:<\/b><br\/>If you wish to\u202flearn more\u202fabout this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.<br\/>Charles Linehan, Esq.,<br\/>Glancy Prongay Wolke &amp; Rotter LLP,<br\/>1925 Century Park East, Suite 2100,<br\/>Los Angeles California 90067<br\/>Email: <a  href=\"mailto:shareholders@glancylaw.com\" rel=\"nofollow\" shape=\"rect\">shareholders@glancylaw.com<\/a><br\/>Telephone: 310-201-9150 (Toll-Free: 888-773-9224)<br\/>Visit our website at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.glancylaw.com%2F&amp;esheet=54559338&amp;newsitemid=20260624892012&amp;lan=en-US&amp;anchor=www.glancylaw.com&amp;index=84&amp;md5=ab8745d2ef8d7ed2a32e0442c39941ee\" rel=\"nofollow\" shape=\"rect\">www.glancylaw.com<\/a>.<br\/>Follow us for updates on <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fglancy-prongay-murray-llp&amp;esheet=54559338&amp;newsitemid=20260624892012&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=85&amp;md5=b16392828e0555cc16a74fc628eebb94\" rel=\"nofollow\" shape=\"rect\">LinkedIn<\/a>, <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FGPM_llp&amp;esheet=54559338&amp;newsitemid=20260624892012&amp;lan=en-US&amp;anchor=Twitter&amp;index=86&amp;md5=494531cbfe05a22d84c5a89a27b8ffe5\" rel=\"nofollow\" shape=\"rect\">Twitter<\/a>, or <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FGlancyLawFirm%2F&amp;esheet=54559338&amp;newsitemid=20260624892012&amp;lan=en-US&amp;anchor=Facebook&amp;index=87&amp;md5=417ce35796b884cbcbb0bffd4f9edf5a\" rel=\"nofollow\" shape=\"rect\">Facebook<\/a>.<\/p><p><b>Whistleblower Notice<\/b><\/p><p>Persons with non-public information regarding Primoris should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email <a  href=\"mailto:shareholders@glancylaw.com\" rel=\"nofollow\" shape=\"rect\">shareholders@glancylaw.com<\/a>.<\/p><p><b>About Glancy Prongay Wolke &amp; Rotter LLP<\/b><\/p><p>GPWR is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Recognizing the firm\u2019s recent successes, GPWR was named one of Law360\u2019s Securities Groups of the Year and ranked second-highest in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025. GPWR\u2019s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR\u2019s past successes have been widely covered by leading news and industry publications such as <i>The Wall Street Journal<\/i>, <i>The Financial Times<\/i>, <i>Bloomberg Businessweek<\/i>, <i>Reuters<\/i>, the <i>Associated Press<\/i>, <i>Barron\u2019s<\/i>, <i>Investor\u2019s Business Daily<\/i>, <i>Forbes<\/i>, and <i>Money<\/i>. Prior results do not guarantee a similar outcome.<\/p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p><br\/> <b>Contacts<\/b> <br\/><p class=\"bwalignl\"><b>Contact Us:<\/b><br\/>Glancy Prongay Wolke &amp; Rotter LLP,<br\/>1925 Century Park East, Suite 2100,<br\/>Los Angeles, CA 90067<br\/><b>Charles Linehan<\/b><br\/>Email: <a  href=\"mailto:shareholders@glancylaw.com\" rel=\"nofollow\" shape=\"rect\">shareholders@glancylaw.com<\/a><br\/>Telephone: 310-201-9150<br\/>Toll-Free: 888-773-9224<br\/>Visit our website at: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.glancylaw.com%2F&amp;esheet=54559338&amp;newsitemid=20260624892012&amp;lan=en-US&amp;anchor=www.glancylaw.com&amp;index=224&amp;md5=c2756c13c7bbe30b703a66d3cd6b92c6\" rel=\"nofollow\" shape=\"rect\">www.glancylaw.com<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;Glancy Prongay Wolke &amp; Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Primoris Services Corporation (\u201cPrimoris\u201d or the \u201cCompany\u201d) (NYSE: &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25809","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/25809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25809"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/25809\/revisions"}],"predecessor-version":[{"id":25810,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/25809\/revisions\/25810"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}