◆ NeutralCCOI
Portnoy Law Firm Announces Class Action on Behalf of Cogent Communications Holdings, Inc. Investors
GlobeNewswire Inc.·
A class action lawsuit has been filed against Cogent Communications Holdings, Inc. (NASDAQ: CCOI) on behalf of investors who purchased securities between February 29, 2024 and May 1, 2026. The lawsuit alleges that Cogent made materially false and misleading statements regarding its optical wavelength backlog, customer demand, revenue targets, and financial capacity. Following a series of disappointing earnings announcements in 2025-2026, Cogent's stock price declined significantly, including a 56% drop in November 2025 after the company slashed its dividend by 98% and paused stock buybacks.
Read Full Article at GlobeNewswire Inc. →