Levi & Korsinsky notifies investors that it has commenced an investigation into Parsons Corporation (NYSE: PSN) concerning potential violations of the federal securities laws.
Parsons released its fourth quarter 2024 financial results on February 19, 2025, 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.” Following this news, the price of Parsons shares fell from $73.50 per share on February 18, 2025, to close at $65.08 on February 19, 2025.
If you suffered a loss on your Parsons Corporation securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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