Need Help? Call : (310) 914-5007
Need Help? Call : (310) 914-5007
The Law Offices of Frank R. Cruz announces an investigation of Parsons Corporation (“Parsons” or the “Company”) (NYSE: PSN) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On February 19, 2025, Parsons released its fourth quarter 2024 financial results, falling short of its prior guidance in revenue and EBITDA. The Company explained that its “adjusted EBITDA growth for the quarter was negatively impacted by $29 million of adjustments on two programs.”
On this news, Parsons’ stock price fell $8.42, or 11.5%, to close at $65.08 per share on February 19, 2025, thereby injuring investors.
If you suffered a loss on your Parsons Corporation investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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