The Law Offices of Frank R. Cruz announces an investigation of Parsons Corporation (“Parsons” or the “Company”) (NYSE: PSN) on behalf of investors concerning the Company’s possible violations of federal securities laws.

On July 29, 2026, Parsons published second quarter 2026 financial results. Among other things, the Company announced a “$77 million loss on 2 nonstrategic remote contracts that are held for sale.” These were “2 Federal Solutions programs” which “face staffing and supply chain challenges and increased costs and continuing to perform them would have required extensive subcontracting and disproportionate management attention.” The Company said it sold after “we really reassessed where we were. We looked at the amount of management time and attention it was taking. And we thought about the customers’ interest and needs …. And with kind of some of the recent issues with supply chain holdups with Strait of Hormuz, we just felt it was the right time.”

On this, shares of Parsons stock fell $21.71 or 35%, to close at $40.32 on July 29, 2026, thereby injuring investors.