Trending...
- California: With new laws and 800 new arrests, CHP keeps taking down organized retail theft operations statewide
- Small-Firm Leaders Must Prioritize High-Impact Tasks to Prevent Burnout: New Article in AT
- Arnica Unveils "Arnie AI" to Secure the Future of AI-Driven Software Development
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">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
- Eight Wins, One Vision: Scientology Media Productions Honored at 2025 dotCOMM Awards
- Baddies R Us Grand Opening Paints Sacramento Pink
- Veteran Seeks Immediate Corrective Care Under FTCA; Ninth Circuit Petition Filed to Restore Merits Forum
- Veterans Day 2025: Honoring Service Through Storytelling
- Kaltra Offers Microchannel Condensers Optimized for Low-GWP Refrigerants R454B, R32, and R290
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
- Putting Your Roses to Bed for Winter in the Deep South - A Gentleman's Guide to Fall Rose Care
- Affordable Luxury Jewellery: How Ermoleve Elevates Everyday Style
- Tens of Thousands Complete Course to Master Entire Bible, Including Revelation
- UK Financial Ltd Unveils The First ERC-3643 Security Token Born from a Meme: Introducing MayaCat Regulated Security Token (SMCAT) Successor to MayaCat
- A Father's Surrogacy Story Captures Hearts Nationwide:
- Solano Way Auto Repair – Concord's Trusted Five-Star Auto Repair Shop
- Governor Newsom announces "Quantum California" — strengthening the Golden State's leadership in next-generation technology
- The Help Group's 29th Annual Summit
- California: Paw and order: four new K-9 teams join CHP to increase public safety statewide
- California: Governor Newsom announces multiple clemency actions
- California: Governor Newsom proclaims Veterans Day
- Governor Newsom fights for Californians' access to food benefits while Trump basically says "THE POOR MUST STARVE!"
- California and Fresno unite to tackle unsheltered homelessness through new cooperative agreement
- AI Trading Robots Deliver +159% Annualized Returns and 90% Win Rates on Top ETFs
- California: Governor Newsom proclaims Native American Heritage Month
- Wareham Development Announces Leadership Roles in Community Relations and Marketing Communications
- Kaplan Morrell Law Firm Represents Former NHL Player in Workers' Compensation Case Drawing National Attention
- Long Beach Airport to Undergo $37 Million Passenger Concourse Modernization
- Celebrating 20 Years of Orangutan Caring Week
- Grammy award-winning Cuban-Canadian artist Alex Cuba releases his 11th studio album, "Indole," today