Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Everus Construction Group, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions during a specified class period [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from October 31, 2024, to February 11, 2025 [3]. - Allegations include that the company’s backlog conversion cycle has elongated due to larger, more complex projects, leading to delayed revenue recognition [3]. - The lawsuit claims that the defendants made positive statements about the company's business that were materially misleading and lacked a reasonable basis [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by June 3, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Everus Construction Group, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during a specified class period [1][2]. Group 1: Allegations and Class Period - The class period for the allegations is from October 31, 2024, to February 11, 2025 [1]. - Allegations include that the company's backlog conversion cycle has become elongated due to larger, more complex projects, leading to delayed revenue recognition [1]. - The positive statements made by the defendants about the company's business and prospects were claimed to be materially misleading and lacked a reasonable basis [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares during the class period are encouraged to register for the class action by June 3, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Core Points - A shareholder class action lawsuit has been filed against Everus Construction Group, Inc. alleging materially false and misleading statements regarding the company's business and operations [1] - The lawsuit claims that Everus's backlog conversion cycle has become elongated due to larger, more complex projects, leading to delays in revenue recognition [1] Legal Context - Shareholders who purchased shares of Everus between October 31, 2024, and February 11, 2025, or held MDU Resources Group, Inc. common stock as of October 21, 2024, and experienced significant losses are encouraged to discuss their legal rights [2] - The deadline to request appointment as lead plaintiff in the case is June 3, 2025 [3]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Everus Construction Group, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who acquired Everus Construction common stock between October 31, 2024, and February 11, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 3, 2025 [3]. Group 2: Case Background - The lawsuit alleges that during the Class Period, defendants made false or misleading statements regarding Everus Construction's backlog conversion cycle, which had become elongated due to larger, more complex projects [5]. - It is claimed that as a result of these issues, revenue recognition for Everus Construction would be delayed, and positive statements about the company's business and prospects were materially misleading [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].

Core Viewpoint - A class action securities lawsuit has been filed against Everus Construction Group, Inc. for alleged securities fraud affecting investors between October 31, 2024, and February 11, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements and concealed information regarding the Company's backlog conversion cycle, which had become elongated due to larger and more complex projects [2]. - It is alleged that this elongation would lead to delays in revenue recognition, making the defendants' positive statements about the Company's business and prospects materially misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until June 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Everus Construction Group, Inc. ("Everus Construction " or the "Company") (NYSE: ECG) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Everus Construction investors who were adversely affected by alleged securities fraud between October 31, 2024 and February 11, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk. ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Everus Construction Group, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's financial performance during a specified period [1][3]. Group 1: Allegations - The complaint alleges that during the class period from October 31, 2024, to February 11, 2025, the defendants made materially false and/or misleading statements [3]. - It is claimed that the company's backlog conversion cycle became elongated due to larger, more complex projects, leading to delayed revenue recognition [3]. - As a result of these issues, the defendants' positive statements about the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [3]. Group 2: Class Action Details - Shareholders who purchased shares of Everus Construction Group during the class period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1][4]. - The deadline for shareholders to register for the class action and seek lead plaintiff status is June 3, 2025 [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [4]. Group 3: Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [5].

NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Everus Construction Group, Inc. (NYSE: ECG) between October 31, 2024 and February 11, 2025, both dates inclusive (the “Class Period”), including investors who held MDU Resources Group, Inc. (“MDU Resources”) common stock as of October 21, 2024 and acquired Everus Construction common stock issued in connection with the spinoff of Everus Construction on or about October 31, ...

NEW YORK, May 20, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Everus Construction Group, Inc. ("Everus Construction " or the "Company") (NYSE: ECG) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Everus Construction investors who were adversely affected by alleged securities fraud between October 31, 2024 and February 11, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/ps ...

Core Viewpoint - Everus Construction Group, Inc. is facing a class action lawsuit due to alleged misleading statements regarding its financial performance and project backlog during the Class Period from October 31, 2024, to February 11, 2025 [1][4]. Company Overview - Everus Construction, previously known as MDU Construction Services Group, Inc., was a wholly owned subsidiary of CEHI, LLC, which is itself a subsidiary of MDU Resources Group, Inc. [3]. Legal Action - The class action lawsuit claims that Everus Construction made materially false and misleading statements, particularly regarding the lengthening of its backlog conversion cycle and the impact of larger, more complex projects on revenue recognition [4]. Financial Performance - On February 11, 2025, Everus Construction reported a backlog of $2.8 billion and projected revenue between $3.0 billion and $3.1 billion, with EBITDA expected to be between $210 million and $225 million for the year [5]. - Following the financial results announcement, Everus Construction's stock price dropped nearly 28% over the next two trading sessions [5].