{"id":49162,"date":"2026-07-31T20:16:00","date_gmt":"2026-07-31T18:16:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=38b59f40bb0bb16a49d8fdc8fef6532d"},"modified":"2026-07-31T20:16:00","modified_gmt":"2026-07-31T18:16:00","slug":"securities-fraud-investigation-into-parsons-corporation-psn-announced-shareholders-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=49162","title":{"rendered":"Securities Fraud Investigation Into\u00a0Parsons Corporation (PSN) Announced \u2013 Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz"},"content":{"rendered":"<p>LOS ANGELES--(BUSINESS WIRE)--<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com%2F&amp;esheet=54580782&amp;newsitemid=20260731883082&amp;lan=en-US&amp;anchor=The+Law+Offices+of+Frank+R.+Cruz&amp;index=1&amp;md5=5a6ae3cf6d48d14831e228cb0becf7b1\" rel=\"nofollow\" shape=\"rect\">The Law Offices of Frank R. Cruz<\/a> announces an investigation of Parsons Corporation (\u201cParsons\u201d or the \u201cCompany\u201d) (NYSE:\u00a0<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2Fpsn&amp;esheet=54580782&amp;newsitemid=20260731883082&amp;lan=en-US&amp;anchor=PSN&amp;index=2&amp;md5=b2c7d1d867fbf3521b65fc98ecb6003b\" rel=\"nofollow\" shape=\"rect\">PSN<\/a>) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260731883082\/en\/765953\/5\/Close_Up_Logo_HD_Blue.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260731883082\/en\/765953\/22\/Close_Up_Logo_HD_Blue.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260731883082\/en\/765953\/5\/Close_Up_Logo_HD_Blue.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260731883082\/en\/765953\/21\/Close_Up_Logo_HD_Blue.jpg\" \/><\/a><p class=\"bwalignc\"><b>IF YOU ARE AN INVESTOR WHO LOST MONEY ON PARSONS CORPORATION (PSN), CLICK\u00a0<\/b><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Fparsons-corporation%2F&amp;esheet=54580782&amp;newsitemid=20260731883082&amp;lan=en-US&amp;anchor=HERE&amp;index=3&amp;md5=ee8933834c61ddab892489de6b9eada5\" rel=\"nofollow\" shape=\"rect\"><b>HERE<\/b><\/a><b> TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.\u00a0<\/b><\/p><p><b>What Is The Investigation About?\u00a0<\/b><\/p><p>On July 29, 2026, Parsons published second quarter 2026 financial results. Among other things, the Company announced a <b>\u201c<\/b><i><b>$77 million loss on 2 nonstrategic remote contracts that are held for sale.\"\u00a0<\/b><\/i>These were \"2 Federal Solutions programs\u201d which \u201cface staffing and supply chain challenges and increased costs and continuing to perform them would have required extensive subcontracting and disproportionate management attention.\u201d The Company said it sold after \"we really reassessed where we were. We looked at the <i><b>amount of management time and attention it was taking<\/b><\/i>. And we thought about the customers' interest and needs \u2026. And with kind of some of <i><b>the recent issues with supply chain<\/b><\/i> holdups with Strait of Hormuz, we just felt it was the right time.\u201d\u00a0<\/p><p>On this, shares of Parsons stock fell $21.71 or 35%, to close at $40.32 on July 29, 2026, thereby injuring investors.\u00a0<\/p><p><b>Contact Us To Participate or Learn More:\u00a0<\/b><\/p><p>If you purchased Parsons Corporation\u00a0securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:<\/p><p>The Law Offices of Frank R. Cruz,<br\/>2121 Avenue of the Stars, Suite 800,<br\/>Century City, California 90067\u00a0<br\/>Call us at: 310-914-5007<br\/>Email us at: <a  href=\"mailto:info@frankcruzlaw.com\" rel=\"nofollow\" shape=\"rect\">info@frankcruzlaw.com<\/a><br\/>Visit our website at: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.frankcruzlaw.com&amp;esheet=54580782&amp;newsitemid=20260731883082&amp;lan=en-US&amp;anchor=www.frankcruzlaw.com&amp;index=4&amp;md5=014c05bb73bac98dd9ae7b3888b6da36\" rel=\"nofollow\" shape=\"rect\">www.frankcruzlaw.com<\/a>.\u00a0<br\/>Follow us for updates on Twitter at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FFRC_LAW&amp;esheet=54580782&amp;newsitemid=20260731883082&amp;lan=en-US&amp;anchor=twitter.com%2FFRC_LAW&amp;index=5&amp;md5=73cd3eb18255f2fbdd9729fba5408e6a\" rel=\"nofollow\" shape=\"rect\">twitter.com\/FRC_LAW<\/a>.<\/p><p>If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.\u00a0<\/p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\u00a0<\/p><br\/> <b>Contacts<\/b> <br\/><p>The Law Offices of Frank R. Cruz, Los Angeles<br\/>Frank R. Cruz<br\/>310-914-5007<br\/><a  href=\"mailto:fcruz@frankcruzlaw.com\" rel=\"nofollow\" shape=\"rect\">fcruz@frankcruzlaw.com<\/a><br\/><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com&amp;esheet=54580782&amp;newsitemid=20260731883082&amp;lan=en-US&amp;anchor=www.frankcruzlaw.com&amp;index=6&amp;md5=f7d79e491dce2b7de231f6121fc3bd74\" rel=\"nofollow\" shape=\"rect\">www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Law Offices of Frank R. Cruz announces an investigation of Parsons Corporation (\u201cParsons\u201d or the \u201cCompany\u201d) (NYSE:\u00a0PSN) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws.IF &#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-49162","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\/49162","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=49162"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/49162\/revisions"}],"predecessor-version":[{"id":49163,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/49162\/revisions\/49163"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}