Trending...
- Governor Gavin Newsom on the federal government taking over the California National Guard
- AI-Designed Waveguides Pave the Way for Next-Generation Photonic Devices
- California: Governor Gavin Newsom on speaking out peacefully
LOS ANGELES, May 23, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Everus Construction Group, Inc. ("Everus" or the "Company") (NYSE: https://www.prnewswire.com/news-releases/#finan..." rel="nofollow external noopener">ECG) have opportunity to lead the securities fraud class action lawsuit.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN EVERUS CONSTRUCTION GROUP, INC. (ECG), CLICK HERE BEFORE JUNE 3, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
What Is The Lawsuit About?
The complaint filed alleges that, between October 31, 2024 and February 11, 2025, Defendants failed to disclose to investors that: (1) the Company's backlog conversion cycle had become elongated due to larger, more complex projects; (2) as a result, the Company's revenue recognition would be delayed; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
More on The Californer
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz,
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
SOURCE The Law Offices of Frank R. Cruz, Los Angeles
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN EVERUS CONSTRUCTION GROUP, INC. (ECG), CLICK HERE BEFORE JUNE 3, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
What Is The Lawsuit About?
The complaint filed alleges that, between October 31, 2024 and February 11, 2025, Defendants failed to disclose to investors that: (1) the Company's backlog conversion cycle had become elongated due to larger, more complex projects; (2) as a result, the Company's revenue recognition would be delayed; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
More on The Californer
- City of Long Beach Awarded $2.6 Million in State Funding to Expand Youth Employment Opportunities
- Innovative EDM Music Project, "Terms of War," Depicts an A.I. Takeover of Earth
- California: Here's how Trump's illegal military deployment weakens firefighting resources – already strained by his dangerous U.S. Forest Service cuts
- THE INTERNATIONAL SCHOOL OF SAN FRANCISCO APPOINTS ERIC THUAU AS ITS NEXT HEAD OF SCHOOL
- Project Home Draws Up a Blueprint for Hope on Documentary Showcase
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz,
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
SOURCE The Law Offices of Frank R. Cruz, Los Angeles
Filed Under: Business
0 Comments
Latest on The Californer
- LABOR BOARD ISSUES ANOTHER COMPLAINT AGAINST AMAZON
- Kicking off Ashwin Gane West Coast Tour
- LavaWorks launches new video game GORILLA SMASH game on Steam
- The Nap Time Show Joins OnStage PLUS Television Network in Exciting New Content Partnership
- DivX Enhances AVI Playback Resources; Simplifies Guide to Playing AVI Files with DivX Software
- McDonagh Family Office Acquires RevSystems to Bolster Portfolio with AI and Operations Technology
- Patrick Aloni Joins Historic Gold and Copper Discovery in Argentina with Multimillion-Dollar Stake
- Edtech Startup Young Commanders Launches 'Visionaries Without Sight' Collection Celebrating Blind and Visually Impaired Historical Figures
- Grassroots "Keep the City Calm" Project Aims to Reduce Civil Unrest in Los Angeles Using Jazz
- California: Governor Newsom prevails in blocking Trump's militarization of Los Angeles
- Long Beach Health Department Confirms Measles Case Linked to International Travel
- RetroRock Rewind Celebrates Milestone with Show #300
- California: High-ranking U.S. military officials agree: Trump's takeover of Los Angeles is illegal
- Universal programming of 3D point spread functions for imaging
- California Welcomes The Band Dashade Music Partnership with Amazon Associate Summer Passion
- "Grandma's Cookies: A Christmas Tale" Releases Friday the 13th
- CalExit Leadership Meets Lt. Gov. Kounalakis, Rep. Waters, and Betty Yee at CADEM Convention
- California: Governor Newsom signs executive order doubling down on state's commitment to clean cars and trucks, kickstarts next phase of leadership
- CalExit President Marcus Ruiz Evans on Trump Sending National Guard to California
- Goldstar Rehabilitation Celebrates 15 Years of Early Intervention Across Southeastern PA