ECG Investors Have Opportunity to Lead Everus Construction Group, Inc. Securities Fraud Lawsuit

Published: Friday, May 9, 2025 at 11:49 pm

Everus Construction Group Investors Urged to Act in Securities Fraud Lawsuit

**NEW YORK, May 9, 2025** – Investors who purchased shares of **Everus Construction Group, Inc. (NYSE: ECG)** between **October 31, 2024, and February 11, 2025**, or who held **MDU Resources Group, Inc.** stock as of October 21, 2024, and received Everus Construction shares in the spinoff, are being urged to take action in a securities fraud class action lawsuit. The **Rosen Law Firm**, a global investor rights firm, is representing investors and highlights the **June 3, 2025, deadline** for investors to potentially become lead plaintiffs in the case.

The lawsuit alleges that during the "Class Period," Everus Construction made false and misleading statements, or failed to disclose crucial information. Specifically, the suit claims the company's backlog conversion cycle was extended due to larger, more complex projects, which would delay revenue recognition. This, according to the lawsuit, rendered the company's positive statements about its business and prospects misleading. Investors who suffered losses during this period may be entitled to compensation.

To participate in the class action, investors are encouraged to visit the Rosen Law Firm's website or contact Phillip Kim, Esq. toll-free. The firm emphasizes the importance of selecting experienced legal counsel with a proven track record in securities litigation. The Rosen Law Firm highlights its history of securing significant settlements for investors, including being ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017.

BNN's Perspective: While these types of lawsuits can be complex, it's crucial for investors to understand their rights and potential options. The deadline for lead plaintiff status is approaching, so affected investors should carefully consider their situation and seek professional legal advice to determine the best course of action. It's important to remember that joining the class action doesn't require becoming a lead plaintiff, and investors can still potentially benefit from any settlement.

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