{"id":989440,"date":"2026-08-04T12:21:06","date_gmt":"2026-08-04T16:21:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-parsons-corporation-psn\/"},"modified":"2026-08-04T12:21:06","modified_gmt":"2026-08-04T16:21:06","slug":"levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-parsons-corporation-psn","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-parsons-corporation-psn\/","title":{"rendered":"Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Parsons Corporation (PSN)"},"content":{"rendered":"

\nParsons Corporation missed Q2 CY2026 consensus revenue estimates, posted a net loss, and reported adjusted EBITDA down roughly 72% year over year — and the stock dropped 35%
\n<\/h2>\n
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NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) reported second quarter CY2026 revenue of approximately $1.58 billion to $1.60 billion against consensus of $1.61 billion, along with a net loss of roughly $15 million and adjusted EBITDA of about $42 million — down approximately 72% from the prior-year period. Shares sold off 35% following the report. If you lost money on PSN, you are encouraged to\u00a0submit your losses for review now<\/a>. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p>\n

Revenue came in about 1% below the prior-year quarter. Management attributed the shortfall to “planned divestitures,\u201d \u201clower pass-through costs,\u201d and \u201cfederal contract timing,\u201d as well as a confidential fixed-price contract that was \u201dcanceled by the administration.\u201d<\/p>\n

Alongside the miss, Parsons cut full-year 2026 revenue guidance to $6.2 billion to $6.5 billion, from $6.5 billion to $6.8 billion, and reduced full-year adjusted EBITDA guidance to $500 million to $560 million, from $615 million to $675 million — a reduction of as much as $115 million at the top end. The reductions were disclosed via Form 8-K on July 29, 2026. Levi & Korsinsky is investigating potential securities law violations on behalf of PSN investors.<\/p>\n

Shareholders who purchased Parsons stock and suffered a loss may request a free case evaluation here<\/a>, or call (212) 363-7500.<\/p>\n

\n ABOUT THE FIRM<\/strong> — For over two decades, Levi & Korsinsky has represented shareholders in securities class actions. Ranked in ISS Top 50 for seven consecutive years.<\/p>\n

Frequently Asked Questions About the PSN Investigation<\/p>\n

\n Q: How much did PSN stock drop?<\/strong> A: Shares declined 35% following the July 29, 2026 disclosure of a surprise quarterly net loss and a steep drop in adjusted EBITDA. Investors who purchased shares at allegedly inflated prices and suffered losses may be eligible to seek recovery.<\/p>\n

\n Q: Which statements are being investigated as potentially misleading?<\/strong> A: The investigation concerns whether Parsons Corporation made materially false or misleading statements regarding its full-year 2026 revenue and adjusted EBITDA outlook. When the Company cut guidance on July 29, 2026, the stock price declined 35%.<\/p>\n

\n Q: Who is eligible to participate in the PSN investigation?<\/strong> A: Investors who purchased PSN stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses — not on whether you still hold the shares.<\/p>\n

\n Q: What do PSN investors need to do right now?<\/strong> A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at jlevi@levikorsinsky.com<\/a> or (212) 363-7500.<\/p>\n

\n Q: What documents do I need to participate?<\/strong> A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.<\/p>\n

\n Q: What if I already sold my PSN shares — can I still recover losses?<\/strong> A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought PSN and sold at a loss may still participate in the investigation.<\/p>\n

\n Q: What does it cost me to participate?<\/strong> A: There is no upfront cost to participate. Securities investigations and any resulting actions are generally handled on a contingency basis — no retainer and no out-of-pocket costs.<\/p>\n

\n Q: Do I need to go to court or give testimony?<\/strong> A: No. Participating in the investigation does not require court appearances or depositions.<\/p>\n

CONTACT:<\/p>\n

Levi & Korsinsky, LLP<\/p>\n

Joseph E. Levi, Esq.<\/p>\n

Ed Korsinsky, Esq.<\/p>\n

33 Whitehall Street, 27th Floor<\/p>\n

New York, NY 10004<\/p>\n

\n jlevi@levikorsinsky.com<\/a>\n <\/p>\n

Tel: (212) 363-7500<\/p>\n

Fax: (212) 363-7171<\/p>\n

Attorney Advertising. Prior results do not guarantee similar outcomes.<\/p>\n

\"\"
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\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Parsons Corporation missed Q2 CY2026 consensus revenue estimates, posted a net loss, and reported adjusted EBITDA down roughly 72% year over year — and the stock dropped 35% NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) reported second quarter CY2026 revenue of approximately $1.58 billion to $1.60 billion against consensus of $1.61 billion, along with a net loss of roughly $15 million and adjusted EBITDA of about $42 million — down approximately 72% from the prior-year period. Shares sold off 35% following the report. If you lost money on PSN, you are encouraged to\u00a0submit your losses for review now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) … <\/p>\n

Continue reading “Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Parsons Corporation (PSN)”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-989440","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLevi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Parsons Corporation (PSN) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-notifies-investors-of-pending-investigation-into-securities-claims-involving-parsons-corporation-psn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Parsons Corporation (PSN) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Parsons Corporation missed Q2 CY2026 consensus revenue estimates, posted a net loss, and reported adjusted EBITDA down roughly 72% year over year — and the stock dropped 35% NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) reported second quarter CY2026 revenue of approximately $1.58 billion to $1.60 billion against consensus of $1.61 billion, along with a net loss of roughly $15 million and adjusted EBITDA of about $42 million — down approximately 72% from the prior-year period. 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