Core Viewpoint - A class action lawsuit has been filed against Everus Construction Group, Inc. for alleged securities fraud and unlawful business practices [2]. Group 1: Lawsuit Details - Investors are encouraged to contact Pomerantz LLP for participation in the class action, with a deadline to apply as Lead Plaintiff by June 4, 2025 [3]. - The lawsuit pertains to whether Everus and its officers engaged in fraudulent activities related to securities [2]. Group 2: Financial Performance - On February 11, 2025, Everus reported its Q4 and full year 2024 financial results, indicating a shift in backlog composition leading to an expected revenue range of 3.1 billion and EBITDA of 225 million for 2025 [3]. - Following the financial report, Everus's stock price dropped by 49.54 per share on February 13, 2025 [3]. Group 3: Company Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering significant damages for victims of securities fraud [4].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Everus Construction Group, Inc. of Class Action Lawsuit and Upcoming Deadlines - ECG