Primoris Services Faces Class Action Over Renewable Energy Project Costs

The lawsuit, spearheaded by the Rosen Law Firm, claims that Primoris failed to maintain adequate cost-estimation and project-oversight processes. According to the complaint, these deficiencies led the company to systematically underestimate the costs and execution risks associated with significant renewable energy contracts. Plaintiffs argue that the firm’s public financial guidance lacked a reasonable basis, concealing material cost overruns and schedule delays from the market.

Investors wishing to serve as lead plaintiff in the action must file their motions with the Court by September 21, 2026. Participation in the litigation involves no out-of-pocket expenses for shareholders, as the firm operates on a contingency fee basis. While the case is currently moving forward, no class has been formally certified, and investors are not represented by counsel unless they choose to retain an attorney. Shareholders may opt to remain absent class members or seek independent legal representation.