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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Johnson Fistel, LLP Continues Investigation of Centuri Holdings, Inc. for Potential Securities Laws Violations

Johnson Fistel, LLP, a nationally recognized shareholder rights law firm, is currently investigating potential violations of federal securities laws by Centuri Holdings, Inc. (NYSE: CTRI) and certain of its executive officers. The investigation particularly focuses on whether there were misrepresentations or failures to timely disclose material, adverse information to investors, which could have influenced their decisions and subsequently led to investment losses. https://www.johnsonfistel.com/investigations/centuri

Background of the Investigation

On July 29, 2024, Centuri reported its financial results for the second quarter, revealing a Non-GAAP Earnings Per Share (EPS) of $0.20, which falls short by $0.02 in comparison to market expectations. Additionally, the company's revenue for the quarter was disclosed at $643.39 million, representing a year-over-year decline of 17.0%, and missing analyst projections by $117.03 million.

Just months earlier on April 18, 2024, Centuri conducted its initial public offering ("IPO"), and the company sold 12.4 million shares for $21.

Important Information for Shareholders

Shareholders of Centuri who have purchased common stock and experienced significant losses on their investment are urged to contact Johnson Fistel to participate in the investigation. Participation in this action may enable you to recover your losses. Join our investigation now: https://www.johnsonfistel.com/investigations/centuri

No Cost or Obligation to Participate

Interested Centuri shareholders should be aware that there is no cost or obligation to participate in this investigation.

About Johnson Fistel, LLP:

Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.

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Past results do not guarantee future outcomes.

Services may be performed by attorneys in any of our offices.

Johnson Fistel, LLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.

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