Group 1 - A class action has been filed against Everus Construction Group, Inc. on behalf of investors who purchased its common stock between October 31, 2024, and February 11, 2025 [1] - The allegations state that Everus misled investors regarding its backlog conversion cycle, which became elongated due to larger and more complex projects, leading to delayed revenue recognition [2] - Following the release of its fourth quarter and full year 2024 financial results on February 11, 2025, Everus' stock price dropped by 49.54 per share on February 13, 2025 [2] Group 2 - Shareholders interested in participating in the class action can contact Robbins LLP, with the option to serve as lead plaintiff or remain an absent class member [3] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [4] - The firm has been dedicated to helping shareholders recover losses and improve corporate governance since 2002 [4]
Investor Alert: Robbins LLP Informs Stockholders of the Everus Construction Group, Inc. Class Action