Group 1 - A class action has been filed on behalf of investors who purchased Everus Construction Group, Inc. common stock between October 31, 2024, and February 11, 2025, including those who held MDU Resources Group, Inc. common stock as of October 21, 2024, and acquired Everus stock during its spinoff [1] - Allegations against Everus include misleading investors about the backlog conversion cycle, which became elongated due to larger, more complex projects, leading to delayed revenue recognition [2] - Following the release of Everus's fourth quarter and full year 2024 financial results on February 11, 2025, the company's stock price fell by 49.54 per share on February 13, 2025 [2] Group 2 - Shareholders interested in serving as lead plaintiff in the class action against Everus should contact Robbins LLP, although participation is not required to be eligible for recovery [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]
Everus Construction Group Stockholder Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Against Everus Construction Group, Inc.