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PARSONS ALERT: Bragar Eagel & Squire, P.C. is Investigating Parsons Corporation on Behalf of Parsons Stockholders and Encourages Investors to Contact the Firm

1. Bragar Eagel & Squire launches investigation on PSN securities practices. It targets potential federal law violations. 2. PSN’s Q4 earnings missed both revenue and EBITDA guidance. The company reported negative EBITDA impacts. 3. Adjusted EBITDA suffered due to $29 million in program adjustments. This financial shortfall concerns investors. 4. PSN share price dropped $8.42 following disappointing results. Market reaction underscores investor unease.

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FAQ

Why Bearish?

The legal investigation combined with a significant earnings miss triggers downward pressure. Past cases of securities lawsuits led to rapid price declines.

How important is it?

The combination of a legal probe and earnings underperformance is a potent negative catalyst. Historical market responses to similar issues suggest a high likelihood of continued negative impact.

Why Short Term?

The immediate drop in share price indicates short-term investor reaction. Similar events in the market have resulted in swift, adverse price movements.

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PSN
NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Parsons Corporation (“Parsons” or the “Company”) (NYSE:PSN) on behalf of Parsons stockholders. Our investigation concerns whether Parsons has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. 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, the price of Parsons shares declined by $8.42 per share, from $73.50 per share on February 18, 2025, to close at $65.08 on February 19, 2025. If you purchased or otherwise acquired Parsons 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) 355-4648investigations@bespc.comwww.bespc.com

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