NEW YORK, April 12, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of 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 ...

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, and there is 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].

Core Viewpoint - A class action lawsuit has been filed against Everus Construction Group, Inc. for alleged violations of securities laws, specifically related to misleading statements made by the company regarding its revenue recognition and project backlog [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased Everus securities between October 31, 2024, and February 11, 2025, are encouraged to participate in the lawsuit before the deadline of June 3, 2025 [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against Everus - The complaint alleges that Everus made false and misleading statements to the market, particularly regarding the lengthening of its backlog conversation cycle due to complex projects [4]. - It is claimed that the company's revenue recognition would be delayed because of the complexity and length of its projects, leading to materially misleading public statements throughout the class period [4]. - As a result of the market learning the truth about Everus, investors reportedly suffered damages [4].

Core Viewpoint - A class action lawsuit has been filed against Everus Construction Group, Inc. for allegedly making materially false and misleading statements regarding its business operations and prospects during the specified class period [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Southern District of New York on behalf of all individuals and entities who purchased Everus securities between October 31, 2024, and February 11, 2025 [1]. - Investors have until June 3, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against the Company - The Complaint alleges that the defendants failed to disclose that the Company's backlog conversion cycle had become elongated due to larger, more complex projects [3]. - It is claimed that this elongation would lead to delays in revenue recognition for the Company [3]. - The positive statements made by the defendants regarding the Company's business, operations, and prospects were allegedly materially misleading and lacked a reasonable basis due to these undisclosed facts [3].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Everus To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Everus between October 31, 2024 and February 11, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, April 10, 2025 /PRNewswire/ -- Faruqi & Faru ...

NEW YORK, April 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Everus Construction Group, Inc. (NYSE: ECG).Shareholders who purchased shares of ECG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/everus-construction-group-inc-loss-submission-form/?id=141956&from=4CLASS PE ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Everus To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Everus between October 31, 2024 and February 11, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, April 09, 2025 (GLOBE ...

Core Viewpoint - A securities class action lawsuit has been filed against Everus Construction Group, Inc. for allegedly misleading investors regarding the company's business operations and revenue recognition during a specific class period [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Southern District of New York on behalf of all individuals or entities that purchased Everus Construction securities between October 31, 2024, and February 11, 2025 [1]. - The complaint alleges that Everus Construction's backlog conversion cycle has become elongated due to larger, more complex projects, leading to delayed revenue recognition [2]. - The lawsuit claims that the defendants' positive statements about Everus Construction's business and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Investor Information - Investors who acquired shares of Everus Construction are encouraged to contact the law firm before the lead plaintiff motion deadline of June 3, 2025 [3]. - A lead plaintiff will act on behalf of other class members in directing the litigation [3].

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Everus Construction Group, Inc. common stock during the specified Class Period, alleging misleading statements and failure to disclose critical information regarding the company's operations and revenue recognition [1][5]. Group 1: Lawsuit Details - The class action lawsuit targets investors who purchased Everus Construction common stock between October 31, 2024, and February 11, 2025, including those who held MDU Resources common stock and acquired Everus shares during the spinoff [1][2]. - The lawsuit claims that Everus Construction's backlog conversion cycle was elongated due to larger, more complex projects, leading to delayed revenue recognition and materially misleading positive statements about the company's business and prospects [5]. Group 2: Participation Information - Investors wishing to join the class action can do so without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors over the years [4].

NEW YORK, April 07, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Everus Construction Group, Inc. (“Everus” or “the Company”) (NYSE: ECG) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ...