Primoris Services Corp. Stock Plummets Again; PRIM Shareholders Encouraged to Contact Block & Leviton to Possibly Recover Losses

BOSTON, June 23, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Primoris Services Corporation (NYSE: PRIM) for potential securities law violations. Investors who have lost money in their Primoris Services Corporation investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/prim.

What is this all about?

Primoris Services shares fell sharply again Tuesday after the Company announced another major reduction to its full-year 2026 outlook. The Company attributed the new reduction primarily to additional challenges and cost overruns on six previously disclosed projects in its Renewables business, including issues identified through an ongoing assessment by a third-party industry expert, and announced the departure of Chief Operating Officer Jeremy Kinch.

The update follows Primoris’s May 6, 2026 earnings call, when management reassured investors that it had “risk-assessed the portfolio and identified the quantum for the projects that are in this sort of distressed state” and had “baked in as much incremental cost as we believe we are going to incur,” while reaffirming full-year 2026 adjusted EPS guidance of $4.80 to $5.00. Block & Leviton is investigating.

Who is eligible?

Anyone who purchased Primoris Services Corporation common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (888) 256-2510.

Whistleblower?

If you have non-public information about Primoris Services Corporation, you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at [email protected] or by phone at (888) 256-2510.

Why should you contact Block & Leviton?

Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website www.blockleviton.com, call (888) 256-2510 or email [email protected] with any questions.

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CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (888) 256-2510
Email: [email protected]