Primoris Faces Shareholder Investigation Over Contract-Modifications Revenue

The inquiry examines whether Primoris made materially false or misleading statements about $205.9 million in unapproved contract modifications reported in its Q2 2026 Form 10-Q. The body also says third-quarter 2026 results showed a 10.4% year-over-year revenue decline and reduced full-year guidance, after which shares fell.