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Cogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

GlobeNewswire Inc.·
Cogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

Cogent Communications Holdings faces a securities fraud class action lawsuit for allegedly failing to disclose material information about its optical wavelength backlog and demand issues during February 29, 2024 to May 1, 2026. The company allegedly misrepresented customer demand, backlog viability, and financial capacity to maintain its dividend policy. The stock declined approximately 29% during the class period. Investors have until September 21, 2026 to file lead plaintiff applications.

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