ATLANTA, April 07, 2025 (GLOBE NEWSWIRE) — A shareholder class action lawsuit has been filed against Everus Construction Group, Inc. (“Everus” or “the Company”) (NYSE: ECG). The lawsuit alleges that Defendants made materially false and/or misleading statements, and/or failed to disclose material adverse facts regarding Everus’s business, operations, and prospects, including allegations that: (1) Everus’s backlog conversion cycle had become elongated due to larger, more complex projects; and (2) as a result, the Company’s revenue recognition would be delayed.
If you bought shares of Everus between October 31, 2024 and February 11, 2025, or you held MDU Resources Group, Inc. common stock as of October 21, 2024 and acquired Everus common stock, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at [email protected], by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/everus-construction-group/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is June 3, 2025.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]
