Securities SettlementsGranite Construction Incorporated (NYSE: GVA) Shareholder Lawsuit Settlement

Did you purchase Granite Construction Incorporated stock between February 17, 2017 and October 24, 2019? If so, you may be entitled to compensation, Call 1-800-934-2921 or complete the form on this page for a free consultation.
January 1, 2022

Our law firm is filing potential claims on behalf of shareholders of Granite Construction Incorporated, stemming from a recent settlement of a shareholder lawsuit against the company.

Did you purchase Granite Construction Incorporated stock between February 17, 2017 and October 24, 2019? If so, you may be entitled to compensation,
Call 1-800-934-2921 or complete the form on this page for a free consultation.

Our law firm is filing claims on behalf of Granite Construction Incorporated shareholders stemming from the recent $129 million settlement of the shareholder lawsuit against the company. If you purchased Granite Construction Incorporated during the class period above, contact our law firm to protect your rights.

On July 29, 2019, after the market closed, the Company disclosed that second quarter 2019 financial results were negatively impacted by non-cash charges related to four legacy, unconsolidated heavy civil joint venture projects. As a result, Granite expected to report net loss per diluted share in the range of $2.05 to $2.10 per diluted share.

Then on August 2, 2019, before the market opened, the Company announced its second quarter 2019 financial results, reporting revenue of $789.5 million, including $114.2 million in revenue reduction due to the charges disclosed earlier that week, leading to further losses for GVA investors.

Settlement of Granite Construction Incorporated Shareholder Lawsuit

Granite Construction Incorporated investors may be able to collect significant financial compensation for their losses. The recent settlement with the company has set aside potentially $129 million dollars for compensating shareholders.

Buy shares of NYSE: GVA? Granite Construction Incorporated Shareholder Lawsuit Settlement. Contact us to protect your rights.

Did you purchase Granite Construction Incorporated stock between February 17, 2017 – October 24, 2019? If so, you may be entitled to compensation,
Call 1-800-934-2921 or complete the form on this page for a free consultation.