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EVERUS ALERT: Bragar Eagel & Squire, P.C. is Investigating Everus Construction Group, Inc. on Behalf of Everus Stockholders and Encourages Investors to Contact the Firm

Globe Newswire 24-Feb-2025 9:00 PM

NEW YORK, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Everus Construction Group, Inc. ("Everus" or the "Company") (NYSE:ECG) on behalf of Everus stockholders. Our investigation concerns whether Everus has violated the federal securities laws and/or engaged in other unlawful business practices.

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On February 11, 2025, Everus released its fourth quarter 2024 financial results and revealed that "backlog conversion may be extended relative to [the] historical pattern over the coming quarters" as its average project size is getting "larger, more complex and longer."

On this news, Everus's stock price fell $18.88, or 27.6%, over two consecutive trading days to close at $49.54 on February 13, 2025, thereby injuring investors.

If you purchased or otherwise acquired Everus shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com

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Image for Press Release 2051763

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